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Happy Good Friday to everyone. Over the past few days, I’ve noticed that the crypto markets are going through an interesting consolidation phase. Bitcoin is currently hovering around $77,777, while Ethereum has stabilized at around $2,140. Honestly, after this week’s corrections, I find myself asking the same question everyone is asking: when will the next bull run really start?
What intrigues me the most is Bitcoin’s dominance, which has climbed to 57% of the total market. Altcoins, meanwhile, are pulling back. The fear and greed index has fallen to 54, which is quite a contrast to the peaks of 85 we were seeing last month. Honestly, this feels like an accumulation phase before the next upward move.
When it comes to altcoins, I’ve noticed that XRP is holding steady around $1.38 after refusing to drop below $2.1 earlier. Some analysts talk about a multi-year chart formation that could send the price much higher. Solana is at $87.49, and experts predict it could reach $1,000 if the ETF is approved. As for Dogecoin, it’s at $0.11 right now, but the historical charts from 2017 and 2021 appear to be repeating, which suggests a possible super rally.
The general sentiment remains that when the next bull run arrives, the gains could be significant. Bitcoin could target $250,000, Ethereum might reach $15,000, and even Chainlink could surpass its all-time high at $52.70. But before that, markets need to stabilize their base.
What really interests me is knowing when the next bull run will truly kick in. Will it be after the approval of the ETFs? After the SEC decisions? Personally, I think the current consolidation is necessary before the next big move. Experts remain optimistic for 2025-2026, but patience is still key. Memecoins have lost ground recently, but that could be an opportunity for some.