Why do I think the bull run is still on???

In the past month or so, the weekly trends of BTC and ETH have not changed much, remaining in a state of sideways consolidation.
Why do we pay attention to the weekly chart? Because the larger the cycle, the higher the reference value of the trend. Large capital (the main players) must incur costs if they want to manipulate a major trend. Short cycles, such as the hourly or 4-hour charts, are often easily interfered with by players with relatively small capital—such as speculative funds, large holders, or even exchanges. Therefore, even a large-cap coin like Bitcoin can be affected on short cycles, let alone altcoins that are more volatile.
In addition, most people in the market are engaged in short-term trading, and there are not many who really do medium to long-term contracts. Therefore, the main forces will not spend a lot of effort to "set up a game" in the long cycle, because the cost is high and the return is low.
This round of market activity has a very special aspect, which is that many institutions from traditional finance have also joined in. Unlike the retail investors of the past who were harvested, this time it feels like a complete "harvest" without leaving a single survivor. But the problem is, if everything has been cleaned out, who will take over when the market drops next? Logically, it doesn't make sense.
Looking again at the volume of this wave of increase, it is weaker compared to the peak of the 2021 bull run, and even weaker than when it rose to $70,000 last year. In simple terms, although the price has risen, the trading volume is not large, indicating that the chips in the market are quite concentrated, and everyone is reluctant to sell – with no one selling, it naturally rises easily.
From this perspective, the current trend does not seem like a peak. A true peak is usually accompanied by a large trading volume because the major players need to offload their assets, which requires buyers in the market. However, right now, the sentiment within the community is not hot enough, and people do not feel that it is the "bull run peak," so no one is willing to take over. In this atmosphere, the major players cannot offload their assets at all, let alone "distribute."
So I still want to say this - as long as the overall bull run trend hasn't ended, there's no need to worry too much. Ethereum can be observed when Bitcoin truly peaks, and altcoins can be focused on after Ethereum breaks new highs. To put it simply, take it step by step, there's no need to predict too much.
I am not the kind of person who fantasizes about ten times gains when I see a rise and shouts zero when it falls. If one really had the ability, they would have made a fortune by buying at the low point in a bear market and selling at the high point in a bull run, instead of being anxious here. The reality is that most people only sing the blues when the market declines, but remain silent when it rises, acting as if they see through everything, yet end up with nothing.
Especially during the recent period when Ethereum just rebounded from its low point, many people started to play dead again. They were all pessimistic when it fell below 2000, but now that it has come back up, they act as if nothing happened. If you truly believe it will drop to three digits, why haven't you completely liquidated your positions?
Recently, various messages are flying around in the circle, most of which are emotionally driven panic hype, which actually has little impact on prices, at most causing fluctuations on the hourly chart. What really deserves attention are the Federal Reserve's interest rate cuts this year, regulations related to stablecoins, as well as the Ethereum spot ETF and staking policies; these are the key factors that will impact the major market trends.