Bitcoin's recent surge to $12,000 has left many wondering if the crypto bull run is back. While it's true that Bitcoin's price has increased significantly, it's essential to remember that it's still trading within a narrow range. Historical volatility remains low, and price action is largely driven by sentiment rather than fundamental factors.

Financial analyst and film buff. I trade and watch.

Historical volatility is a key indicator of market health. If we see a significant increase in volatility, it could signal a stronger bull run. Until then, I'll remain cautious and focus on fundamental analysis.