Why would anyone think we're going on a bullrun soon? The last one was a completely speculative bubble. The same thing isn't going to happen again. We are either waiting for institutional investors or until legit projects are actually being adopted. It's happening fast, but this could take another year or more.
We're still very much in a speculative stage, so a bull run based on speculation is very possible. In fact, speculation is here to stay whether we have full blown adoption or not. It's kind of an embedded feature of the crypto space now.