I just finished reading a good analysis about bull runs and want to share some interesting points with everyone.

Actually, what is a bull run? It’s simply periods when the crypto market prices keep rising steadily, as investors rush in, demand surges, and prices climb accordingly. There are many factors that trigger a bull run—from positive news, new technology, to a sudden increase in public attention.

When the market is in a bull run phase, you'll notice investors' sentiment is very optimistic. Good news in the economy and politics encourages everyone to buy in. This creates a supply and demand imbalance—fewer sellers, more buyers—causing prices to naturally go up. The Fear and Greed Index also reflects this heightened excitement.

But that’s just theory. In reality, a bull run always comes with a danger— the bull trap(bull trap). Many investors see signs of a bull run and go all-in, not realizing it’s just a trap. Prices continue to fall instead of rising. To avoid falling into this trap, you need to learn technical analysis, understand market psychology, and most importantly, set stop-loss orders.

Looking back at history, the 2017 bull run is a classic example—BTC hit $20,000, then sharply declined in 2018. This shows that bull markets and bear markets always go hand in hand; when one ends, the other begins.

Currently, BTC is at $68.91K with a 2.55% increase, ETH at $2.11K (+2.29%), BNB at $601.50 (+1.48%). The market seems to be showing positive signals. But before you decide to join the next bull run, make sure to prepare thoroughly, learn from experienced investors, and never forget that a bull run can also be a trap if you're not careful.