The reason the bull market ends is only one, and that is the exhaustion of incoming funds.
Under what circumstances will funds be exhausted? That is when everyone who should enter has already entered, everything that can be bought has been bought, and when everyone runs out of money and starts to dream of the future.
Ethereum ETF funds are still buying all the way, and funds from publicly listed companies in the U.S. are also buying all the way. Most retail investors have missed out and have not yet sold their cars or houses, or maxed out their credit cards.
So, no matter how it goes in the short term, the long-term trend has not ended. Most people have not made money yet, and they still have money left. How can the market end?
When retail investors no longer shout that the market is over, but instead think of all possible ways to buy coins and increase their holdings, then it won't be too late to consider whether the bull market has ended.
#BTC
#ETH

