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Let's figure out what a bull run really means. It's not just a price increase; it's a whole market phenomenon. When people talk about a bull run, they mean an explosive period when assets start to surge rapidly, attracting waves of new capital. This isn't a long-term trend but rather a short-term spike that can last from a few days to weeks.
There's an important difference between a bull run and a bull market. A bull market is a prolonged period when prices steadily rise for months or years. A bull run, on the other hand, is a more aggressive and shorter phase when prices skyrocket suddenly. It's like an acceleration within a larger upward trend. In crypto, bull runs are especially pronounced due to volatility, and they are often triggered by specific events: protocol upgrades, regulatory changes, or the arrival of major investors.
How to tell if a bull run has started? There are several clear signals. The first is a sharp increase in trading volumes alongside the price surge. The second is optimism within the community: analysts give positive forecasts, media coverage about crypto increases, and search queries grow. The third factor is the influx of institutional money. When large funds start buying, it usually indicates serious intentions.
Another indicator is interest in altcoins. Traditionally, a bull run begins with Bitcoin, and then the wave moves to altcoins. If you see less-known assets starting to grow, it’s often a sign that the market is already in motion. Technical indicators like RSI on higher timeframes also confirm bullish sentiment.
Currently, there are several interesting factors in the market. Since September last year, Bitcoin has shown a steady upward trend on weekly and monthly candles. This could be the start of something serious. Plus, several major financial institutions have shown renewed interest in crypto this year. Expectations for new crypto ETFs and regulatory changes are also fueling the market. Altcoins have been actively growing in recent months, which may indicate the height of the altseason.
But honesty is important: local price spikes don't always mean a real bull run has begun. Often, they are speculative or manipulative moves that quickly end with a correction. Those buying at the peak of hype often lose money. Therefore, before entering, it’s crucial to check fundamental indicators and news background.
From a technical perspective, it’s interesting to watch resistance levels now. Bitcoin has already surpassed 71,000; the current price is around 71,260, up 3.34% in 24 hours. The next target levels are 83,000 and 90,000. If these levels are reached, it will confirm the seriousness of the movement. If a pullback occurs, be prepared for a correction. In short, a bull run is a phenomenon that requires careful analysis before making decisions.