Is the Crypto Bull Run Over? Analysis Based on Miner and Market Data

The question circulating in the crypto market is whether the bull run is over. When prices dip, panic may ensue; however, seasoned investors understand that bull runs typically undergo a gradual cooling rather than an abrupt end. Analyzing miner behavior, ETF inflows and outflows, macroeconomic conditions, and on-chain signals can provide critical insights into this phenomenon. Key indicators to track include miner selling pressure, rising mining difficulty, and potential shifts in ETF flows that could signal a weakening market. Investors should keep an eye on specific metrics related to miner reserves and their behavior in response to price fluctuations. Additionally, the dynamics involving institutional investments and macro signals like interest rate changes play a significant role in defining market trends. By meticulously tracking these indicators rather than succumbing to market euphoria, one can make informed trading decisions.