Yes, we need to understand, that we are far from recovery in the ETH and Waves prices of 900 and 12 $$$ this is certainly not the moon, just a slight geowth
LoL waves is another shitcoin which helped promote some scam/pump and dump ICOs and then then its shows some movement recently along with bitcoin pump and also when bitcoin dumped. You can buy some for the long term but there is no singal of any growth at the moment.
Why does it annoy you? I think that people mean that such a small growth may be the beginning of a new bullish trend, and this event is good for the entire crypto currency market.
A small growth or a small drop does not mean anything in particular. It can be some old holder recently dumped their coins or some new young blood bought some coins at the market price. The overall reaction to bitcoin ETF gave it a bull push and lets see what happens after ETF declares its terms.