I just realized there's an interesting discussion in the crypto community about the bull run pattern and when exactly this bullish cycle will reach its peak. Many experienced traders are starting to believe that this crypto bull run still has energy to continue, even though market sentiment is somewhat pessimistic.

So here's the thing, currently BTC is dropping to $77.87K and ETH at $2.32K. Selling pressure definitely feels intense, but there's something interesting—according to some experts, the current market condition is actually very different from previous peaks in 2017 and 2021. Back then at the peak, everyone was euphoric, influencers shouting "prices will go higher," and retail investors rushing in. Now? It's the opposite. Most people are pessimistic, scared, and holding back from entering. This could actually be a sign that the bull run hasn't ended yet.

One trader who understands the four-year crypto cycle pattern once said: "Bull runs never end with fear. Every real top I've seen has the same characteristics—everyone shouting higher prices, euphoria everywhere, retail money flowing massively." Now, that's what we're not seeing now. Instead, many investors who follow the cycle model have started reducing their positions over the past 2-3 months, which means selling pressure might be approaching exhaustion.

I also notice ongoing institutional activity behind the scenes. While some people are selling off, whales and institutions are still accumulating. If selling pressure continues to decrease while institutional demand remains strong, the market could shift direction toward more solid appreciation.

Many strategists are now optimistic that the first quarter of this year could be a critical turning point for this crypto bull run. If sentiment improves and liquidity increases, price movements could become more aggressive. Some even believe new ATHs and a hopeful altseason could happen in the first half of 2026. So, the community should actually stay bullish and prepared for the next phase, rather than panic over the current pullback.