The cryptocurrency market is beginning to emerge from depression. It seems to me that people show a strong interest in cryptocurrency. Perhaps large investors will return to this market. I think that at this moment there is a stage of accumulation of the market. This is a good sign.
A mere rise from 3800 to 5500 is not solid grounds to consider it as a market trend reversal. Until btc gets back up in the 7200 range it will be safe to consider the market to be still slumping. Although the 3800 level did display strong characteristics of a strong accumulation zone.