Crypto bull runs work like this.
PART 1: Bitcoin pumps so hard you mistake it for a shitcoin.
PART 2: ETH starts pumping alongside it and reaches ATHs faster than you imagine.
PART 3: Capital rotates into high-cap cryptos (top 20ish), and they start pumping hard!
This is when retail truly comes back. They are hardly back now.
PART 4: Now, this is where the fun starts.
This is when capital rotates into low-cap shitcoins and they start printing ridiculous returns.
That is the anatomy of a bull run.
We are barely at the start of PART 2.