A Bull Run refers to a period when the prices of cryptocurrencies rise significantly over a sustained time. During this phase, investor confidence grows, leading to increased demand and buying activity. Bull Runs are often driven by factors such as positive news, advancements in technology, regulatory changes, or broader market trends. Social media and influential figures can also play a role in amplifying enthusiasm. As prices surge, more investors, including those who may have been hesitant, are likely to jump in, further driving up prices. This momentum can lead to a sense of euphoria, where the expectation is that prices will continue to climb. However, Bull Runs don’t last indefinitely. Eventually, market corrections occur, leading to price declines. It’s essential for investors to approach these periods with caution, as the rapid rise can be followed by a sharp drop, sometimes referred to as a Bear Market. Understanding market dynamics is key for making informed decisions during these fluctuations.