The characteristics of a bull market are that the market inexplicably rises, and you have no positions at all, even wanting to short.
Have you noticed this kind of market? There are no large upward movements of ten points in an hour, only a gradual rise, inching up. This is a true bull market, with increasing capital driving it. Remember, a gradual rise = bull market.
Only by holding long positions can you maximize profits in a gradual upward trend; large and short positions cannot capture all the small upward movements. $BTC $ETH $SOL