How do we term this phase of crypto currency wherein all the altcoins are bleeding including the mighty Ethereum but Bitcoin is trending strange wherein when we expect no recovery it's pumping up (short-lived) and then we witness falls and these falls are not quick they fall gradually and then raise gradually as well which has led to frequent price fluctuations. are these price fluctuations a boon for us to make use of it and trade in order to achieve profits or else it's a despair situation wherein we are clueless and don't know what to do ?
Actually in general fluctuations are the times when one can make a hell lot of money despite of the direction of the market as this is the state when most of the market participants change their stance about the market so a little scalping in the right direction could earn you a bit. But currently BTC is not fluctuating in any calculative move which in itself is pretty curious and weird. Currently market isn't totally sideways as you are saying it's rising gradually but facing some lower peaks than the one previously made which creates a descending triangle which is another sign of bearishness.
Altcoins bleeding is common. It will stop bleeding and start sucking like a hooker pretty soon as bitcoin recovers. You just need to wait. But for guys like me, these fluctuations don't matter. My 1 btc was worth $18,000 when I bought last year. This year it has already been worth a 6th of that. I am only hoping to see the day I can cash out my btc at 18,000 or above.
Another thing is that Altcoins might stop bleeding but shitcoins would never stop. By this I mean those useless tokens who get almost no volume and their sole purpose is to be used as a PUMP token for certain Telegram groups such coins would no more survive when the market pushes up this time.