I've noticed that lately I hear traders talking more and more about a bull run. It seems everyone understands what it is, but let's clarify it properly.

A bull run is essentially a rapid surge in prices in the market, where assets quickly increase in value over a short period. It differs from a regular bullish market in that it’s not a long-term trend lasting months or years, but rather an intense spike that can last from a few days to a couple of weeks. Such growth is usually triggered by specific events, positive news, or a sudden surge of interest from major players. In crypto, this phenomenon is especially pronounced due to high volatility.

How to recognize that a bull run has started? Here’s what to watch for. First, trading volumes sharply increase along with the price. When demand jumps, it attracts new participants, creating a self-sustaining process. Second, media outlets start actively covering crypto, analysts give optimistic forecasts, and on social media, you see more people searching for information about cryptocurrencies. Third, large investors and institutions begin to invest. When big funds buy in, it has a strong impact on prices. Regulatory changes and technological upgrades, such as new ETFs or network upgrades, are also important signals. Another indicator is when interest shifts from Bitcoin to altcoins, which often signals that a bull run is in full swing.

Now, about the current situation. There are several promising factors. Since September last year, Bitcoin has been showing a steady upward trend on weekly and monthly charts. This looks like the first serious signal. Major financial institutions are once again interested in crypto in 2024, supporting prices. Regulators are also moving toward adopting crypto, new ETFs are being approved, and all this fuels growth. Interest in altcoins is increasing, and people are starting to diversify their portfolios. Technical indicators, including RSI, show bullish signals on higher timeframes, and many analysts note that levels resemble those before previous bull runs.

But it’s important not to get carried away by euphoria. Beginners often mistake local price jumps for the start of a real bull run. Speculation and manipulation can create false signals. Those who buy at the peak of excitement often face sharp corrections afterward. Therefore, before entering the market, it’s essential to check fundamental indicators and review the news background.

Currently, Bitcoin is trading around 67.5K. If the trend continues, the next levels many are watching are 83K and 90K. These are targets that have not yet been fully realized. Let’s see how the situation develops this week and in the coming weeks.