If this way is going to happen for long then i think it will surely affect the bullrun as then their wont be any new newbies to invest in market due to fear of market crash. Newbies should understand that this is not a short term profit making if they go for long term they can get huge profit.
What I described in my previous post will keep happening for several reasons, the first is the greed of the people, they are going to see the market going up and they will want a piece of the action and the profits for themselves, that is just the way people think and it is never going to change, and the second reason is that the adoption of cryptocurrencies is still very low so there is a very large pool of untapped newbies ready to invest.