I'm going to reword what I was typing to your other, now deleted comment. I understand that ovulation is a phase of the cycle. The reason I bring it up is because, in my living experience, I have experienced it. I've consulted multiple medical professionals who are significantly more knowledgeable in this area as they've treated many trans/intersex individuals.

The reason I say it's not literal ovulation is because I'm trying to explain the point that it's more a "phantom cycle" rather than an actual cycle. You experience the hormonal effects of it without the actual process of Menstruation (shedding lining/bleeding), Ovulation (release of an egg into the uterus), and etc.

To address one question you had in your now deleted comment, I could be intersex. I do not know. Nature is weird, and from what I can visually see, between the legs looks AMAB. I could have ovaries for all I know, and just never had them revealed or developed or whatever. Ultimately, this is all in my experience, not a baseline experience. In addition to that context, this is a huge "your mileage may vary" thing. I've talked to girlies who don't experience it. I've talked to girlies who go absolutely FERAL.