Happy days indeed for most people who just bought bitcoin, and hopefully for those who bought the other cryptocurrencies. So far, Bitcoin and Ethereum are doing great for the first few months of the year.
those who bought altcoins these days are having the worst time of their lives because altcoins are dumping hard. that is the known trend from early days. this is also why almost everyone dumps their altcoins at times like this (the altcoin volume shoots up every time bitcoin rises).
ethereum is probably the smallest dump so far. last week it was 0.04 and now it is 0.035 with a 12.5% dump as bitcoin rises.