We are not there yet, that is why you are not seeing the bear run yet. We may not be even over with bull run yet, sure it is not looking like it's growing, it has some small drops so far and I understand it.
However, that doesn't mean bull run is over, there is no guarantee that we won't go even higher, and I believe we will.
When the real bear market comes, you are going to see 70% or more drop from peak price once again, that is inevitable and it always happens and it will happen again.
If you want to guess different from what market always does, be my guest and do it, but I have been around long enough to know what market does, and I am going to keep sticking to what I have always seen, until I am provided something else.
Even if you are an early adopter from the time of Satoshi or even if you are Satoshi. Like all of us, you have no idea what the market will do in the future.
Do you know what bitcoin price and market performance will be like tomorrow or next month, let alone the further future? The future is unknown, and predictions are just that, predictions. This may or may not happen, regardless of your experience and knowledge because bitcoin volatility is not linear and cannot be easily predicted just by relying on the past.
Only time will tell whether Bitcoin will experience a sell off like in previous cycles, or just a mild correction as the bear season come.