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Most people don’t remember how the 2021 bull run actually started.
It wasn’t hype — it was confusion.
BTC hit 65K → everyone called for altseason.
Then BTC dropped 50% to 29K → alts got wrecked → retail gave up.
Then came the silence.
BTC started climbing… slowly.
No hype. No belief. Funding turned negative. Everyone was short.
That’s when the real bull run began.
Retail came back late — after ETH and alts had already gone vertical.
Now look at today.
BTC hits 125K → same playbook. Everyone piles into alts.
Then BTC corrects hard → alts bleed even more → retail disappears.
And now?
BTC is grinding up again. Quietly. No hype. Just doubt.
Funding is negative. Shorts are crowded.
Sound familiar?
The bull run isn’t over.
It’s just early.
And once again… most people will miss it.