A bull run is a market condition when asset prices rise significantly over a long period due to positive sentiment, high liquidity, and supportive economic factors. Its characteristics include continuously rising prices, large volumes, and increased investor interest. Examples of bull runs are Bitcoin in 2017 and 2020. Although profitable, bull runs also carry risks such as bubbles and FOMO. The best strategy during a bull run is to remain rational, take profits gradually, and avoid buying at the peak.

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