I just saw someone ask what a bull run is, so I decided to write a little about this topic because it’s really important to understand the crypto market.

A bull run, in simple terms, is a period when most investors are actively buying, demand exceeds supply, market confidence is at its peak, and prices keep rising. When you see prices trending sharply upward in a particular market, it’s usually a sign that investors are becoming more optimistic—they believe the price will continue to go up. That’s when a bull run begins to take shape.

Psychology is the key here. When investors have confidence, a positive feedback loop appears—rising prices lead to more people wanting to buy, and then prices rise again. Because crypto prices depend heavily on public sentiment, many traders try to read the “market sentiment” to figure out when a bull run will start.

But when does a bull run really begin? Previously, people said BTC needed to break above 48k USD. But now, looking at the current data, BTC is at 82.21K (updated today). This shows that the bull run didn’t just start—it’s already been quite strong. The price has doubled compared with the initial forecast level.

So if you still don’t understand what a bull run is, remember that it’s a stage where the market is optimistic, prices are rising, and opportunities show up for those who know how to look at it. Right now, the signs indicate that we’re in a similar phase. Anyone interested can check prices directly on Gate to track market developments.