I've noticed that lately, the community is increasingly talking about the start of a new bull cycle. Let's figure out what is really happening in the market and how to distinguish a genuine bull run from another speculative wave.

First, it's important to understand the difference between two terms that are often confused. A bull market is a long-term trend that can last months or even years. A bull run, on the other hand, is a shorter and more intense period when prices grow explosively over days or weeks. It's like a sudden acceleration within a larger trend. In crypto, these surges are especially pronounced due to high volatility.

What signals indicate the beginning of a bull run? First, a sharp increase in trading volumes against the backdrop of rising prices. When demand grows, new players enter, creating a self-sustaining cycle. Second, active discussions about cryptocurrencies start in the media, search queries increase, and optimistic forecasts emerge. This shapes the community's sentiment.

Equally important is the influx of large capital. When hedge funds and pension funds begin investing in crypto, it often becomes a catalyst for sustained growth. Regulatory changes and technological updates are also significant — for example, approval of crypto ETFs or blockchain upgrades. Usually, a bull run starts with Bitcoin, and then interest shifts to altcoins.

Now, about the current situation. Since September, Bitcoin has been demonstrating steady growth on major timeframes. This could be the first sign of a potential bull run, as upward indicators confirm the trend. In 2024, large financial institutions have again shown interest in digital assets. Expectations for new crypto ETFs and regulatory changes also fuel the market.

Technical indicators like RSI on high timeframes show levels that corresponded to the start of previous bull runs. Interest in altcoins is growing, which is often a consequence of Bitcoin rallies. The current Bitcoin price is around $80,900, and many see this as a potential for further growth.

But here’s the danger — newcomers often confuse local price jumps with the start of a new bull run. Speculation and manipulation can create false signals. Those entering at the peak of hype often face sharp corrections. Therefore, before acting, it’s worth checking fundamental indicators and analyzing the news background.

If a bull run has truly begun, technical targets on the weekly timeframe are visible at levels of $83,000 and $90,000. These are unfilled levels from the previous weekly candle. Of course, everything could develop differently, but current signs look promising for those who believe in an upward trend.