Why do I think the bull run is still on???

In the past month or so, the weekly trends of BTC and ETH have basically not changed much, remaining in a state of consolidation.
Why do we pay attention to weekly charts? Because the larger the cycle, the higher the reference value of the trend. Large funds (main players) have to incur costs if they want to manipulate a large-scale trend. Short cycles, such as hourly or 4-hour charts, are often easily disturbed by players with smaller capital—such as speculative funds, large holders, or even exchanges. So even Bitcoin, being a major coin, is affected in short cycles, let alone altcoins that are more volatile.
In addition, most people in the market are engaged in short-term trading, and there are not many who truly engage in medium to long-term contracts. Therefore, the main players will not put in a lot of effort to "set up" in the long cycle, as the costs are high and the returns are low.
This market cycle has a very special aspect, which is that many institutions from traditional finance have also joined in. Unlike the retail investors who used to get chopped, this is a root-and-branch type of "harvesting", leaving no survivors. But the question is, if everyone is harvested clean, who will take over when the market drops next? Logically, it doesn't make sense.
Looking at the volume of this wave of increase, it is weaker compared to the peak of the bull run in 2021, and even weaker than when it rose to $70,000 last year. In other words, although the price has risen, the trading volume is not large, indicating that the chips in the market are quite concentrated, and everyone is unwilling to sell—no one is selling, so it naturally rises easily.
From this perspective, the current trend does not seem to be a peak. A real peak is usually accompanied by a large trading volume because the main players need to offload their positions, which requires someone in the market to take them on. However, right now, the sentiment in the circle is not hot enough, and people do not feel that it is the "bull run peak," so no one is willing to take over. In this atmosphere, the main players cannot offload their positions at all, let alone "distribute."
So I still say this — as long as the overall bull run trend has not ended, there is no need to worry too much. Ethereum can be observed when Bitcoin truly reaches its peak, and altcoins can be focused on after Ethereum breaks new highs. To put it simply, take it step by step, and there's no need to predict too much.
I am not the type of person who fantasizes about tenfold gains when I see a rise, and calls for a zero when it drops. If someone truly had the ability, they would have bought at the lows during a bear market and sold at the highs during a bull run, making a fortune, instead of being anxious here. The reality is that most people only sing the blues when prices fall, and when they rise, they remain silent, acting like they see everything clearly, but in the end, they earn nothing.
Especially during the recent period when Ethereum just rebounded from its low, many people started to play dead again. When it broke below 2000, there was all sorts of pessimism, and now that it has come back up, it's as if nothing happened. If you really think it will drop to three digits, why haven't you sold everything?
Recently, there are all kinds of messages flying around in the community, most of which are emotionally driven panic hype, which actually has little impact on prices, at most causing fluctuations for an hour. What really deserves attention are the Federal Reserve's interest rate cut plans this year, regulations related to stablecoins, and the Ethereum spot ETF and staking policies; these are the key factors that will affect the major market trends.
#BTC #ETH #SOL #PI #PEPE