This year I was expecting that we would see a main bull run later after halving, in winter, like we see traditionally but today the situation is absolutely different, we saw an all-time high of many coins very soon and the price has been increasing for months, good news after good news, now I can't imagine how long this bull market will last. At the moment, it looks like there is no place for bears and after so much positive news, I can't imagine what should happen to make people start selling.
What do you think, when will bears take advantage and start dominating the market? Is this bull run the major bull run that we will see till the next halving?
Yes, bull runs are always expected after each halving and last for a few months before the bear market takes over. At this point, I don’t think the bear market will take over soon, but even the pumps in many coins, I think, were caused by good news like the ETF approval of Bitcoin. Since we witnessed this new halving, Bitcoin has not pumped like that, so we are really expecting more pumps from Bitcoin and some other altcoins.
I believe, despite the good news coming about cryptocurrency always nowadays as people are expecting more pumps in Bitcoin. Some people will still sell their Bitcoin because their aim was just to invest for a short time and take a profit. There are many investors in the cryptocurrency industry now who are only there because of the bull run. So, some people must sell, and there are some big investors among them. If they start selling, some new investors will start panicking too, and from there, it can start leading to a bear market.