What do you think about this bull run right now? BTC recently breaks $8000, is it a bull trap or a real deal? FOMO?
i don't know what you mean by "real deal" but it is neither bull run nor bull trap. this is basically bitcoin going back to where it belongs after hitting the bottom last month. and when a rise happens like this there is always FOMO which contribute to that rise and make it bigger.
people converting their Alts to BTC?
when you for example, go to Binance and dump an altcoin for bitcoin, the bitcoin price doesn't change! because it is not on BTC/USD market but instead on BTC/ALT market.
I have many questions right now bought BTC from $7800 should I get out? or ride this wave, It's very difficult to anticipate market now because of bitcoin ETF.
it is difficult to anticipate because you got in way too late.
what you should have done was to buy bitcoin when it was at the bottom around $6000-$6200 and was building up to rise or at least you should have bought when the rise began around $6500-$6800 not wait until last minute to get in after about a 30% rise.