A bull run in cryptocurrency refers to a sustained period of significant price increases across the crypto market, driven by high investor optimism, increased buying activity, and positive market sentiment. It’s characterized by:Rising Prices: Cryptocurrencies, especially major ones like Bitcoin and Ethereum, see steady and often dramatic price surges.High Trading Volumes: More investors enter the market, leading to increased trading activity.Positive Sentiment: News, institutional investments, or events like Bitcoin halving (which reduces the supply of new coins) fuel excitement and confidence.Key Features:Duration: Can last months to over a year, though crypto bull runs are often shorter and more intense than traditional markets due to high volatility.Triggers: Common catalysts include:Bitcoin Halving: Occurs roughly every four years, reducing miner rewards and historically sparking price surges (e.g., 2013, 2017, 2021).Institutional Adoption: Investments from companies like Tesla or MicroStrategy, or ETF approvals.Positive News: Regulatory clarity, mainstream adoption (e.g., PayPal supporting crypto), or economic uncertainty pushing investors to crypto as a hedge.Media Hype: Social media buzz and FOMO (fear of missing out) amplify demand.Historical Examples:2013: Bitcoin rose from ~$100 to over $1,000, driven by early adoption and the Cyprus financial crisis.2017: Bitcoin surged from ~$1,000 to nearly $20,000, fueled by retail investor influx and the ICO boom. Ethereum jumped from ~$10 to over $1,400.2020-2021: Bitcoin climbed from ~$9,000 to ~$69,000, driven by institutional investments, COVID-19 inflation fears, and DeFi/NFT growth.Strategies for Investors:Buy the Dip: Purchase禁止使用任何形式的標籤、廣告、外部連結、或是來源(即使是維基百科)來完成作業！Diversify: Spread investments across Bitcoin, Ethereum, and promising altcoins to manage risk.Risk Management: Set stop-loss orders, take profits regularly, and avoid over-leveraging.Avoid