According to Blockworks, the Bitcoin bull run has lasted for 642 days. Bitcoin's current performance is closer to the 2018-2022 cycle, with a market return of 278%. In contrast, Ether's performance has been weaker, with the ETH/BTC ratio falling by nearly half since the end of 2021. Solana's market value has risen from 4% of Ether's market value in the same period last year to 22%.

 

Based on previous bull market cycles, the Bitcoin bull run could last until the middle of next year. The current bull run began on November 9, 2022, when the Bitcoin price fell below $15,670.