Latest developments in the bid sum / ask sum on major exchanges support a bullish development, at least short term.
Also there is a possibility to form bullish double bottoms in 12h, 24h and 3D MACD, with respect to the April lows.
However, even if these bullish developments become real, the following rally could turn out to be a wave B.
What are you looking at in bid/ask sum developments?
I see the ask having bottomed out in fiat relative to post crash levels. This is probably the most bullish signal.
Bid has been steadily increasing since the start of the fall from 8xk. Bid depth tends to inch up during glades.