With the type of bear run experienced between Q4 2017 and the entire 2018, one would simply conclude that the recent pump is a rendition of the upcoming bull run. Over the years bitcoin has been the major moving force for other altcoins. And following the price chart for bitcoin, one could say that we are around the 5th wave for the down trend. In my own opinion, the downward trend requires a very high bullish trend to correct it's effect on the market. So, yeah, we await the bull run.