Recently, many newcomers have asked me what exactly the meaning of "bull run" is, and I think it's necessary to explain it properly. Simply put, a bull run is a rapid surge in the market over a short period, with prices skyrocketing, trading volume exploding, and new funds continuously flowing in. This is different from a long-term bull market, which may last for months or even years with steady growth, whereas a bull run is more like a short-term explosive growth that may only last a few days to weeks.

In the crypto market, bull runs are especially obvious because of high volatility. They are usually triggered by key events, such as network upgrades, regulatory policy changes, or large institutional entry. To identify whether a bull run has truly begun, you can look for several signals. First, a sharp increase in price and trading volume, which creates a self-reinforcing cycle—rising prices attract new investors, and new investors push prices even higher. Second, a shift in market sentiment, with media coverage intensifying, analysts issuing optimistic forecasts, search volumes skyrocketing, and the entire community discussing cryptocurrencies.

The entry of large institutions is also an important signal. When hedge funds, pension funds, and other big players start allocating to crypto assets, it usually indicates substantial capital inflow. Additionally, positive policy and technological developments, such as approval of new crypto ETFs or breakthroughs in blockchain technology, can ignite market enthusiasm. The last interesting phenomenon is that bull runs often start with Bitcoin, then the hype shifts to altcoins. When you see many smaller coins rising simultaneously, it indicates that the bull run is already in a relatively advanced stage.

Regarding the current situation, there are indeed several signs worth paying attention to. Bitcoin has maintained a steady upward trend over a larger time frame, which could be the beginning of a new bull run. Institutional investors have recently become active again, with several major financial institutions re-entering crypto markets. On the regulatory front, positive signals are emerging, as attitudes toward cryptocurrencies are gradually improving in various regions. This structural support often helps sustain longer-term upward movement. From a technical perspective, Bitcoin’s RSI on larger cycles shows bullish signals, similar to the early stages of previous bull runs. The enthusiasm for altcoins is also rising, which is typical of the mid-phase of a bull run.

But I must remind everyone that many people tend to mistake short-term price rebounds for the start of a bull run, leading to being caught in a trap. The difference between a genuine bull run and false signals lies in fundamentals. A short-term price jump may just be speculation or market manipulation, whereas a real bull run should be backed by substantial fundamentals, such as continuous institutional inflows, supportive policies, and technological progress. Therefore, it’s crucial to do your homework before entering the market—check news backgrounds and fundamental indicators. Also remember, the peak of a bull run is often when risks are greatest; many people enter at the top and end up getting "rekt." Bitcoin’s next target levels are 83,000 and 90,000, but whether these levels can be broken depends on subsequent market momentum. In summary, understanding the true meaning of a bull run is not just about recognizing price increases but also about understanding the underlying market drivers and risk factors.