It's more than just Ethereum right now, the London fork did some trick on adoption but BTC price is bullish too making other altcoins to follow too so yeah I can say bulls are back but be careful cos this might be a huge bull trap and will unlock the door to the real bear market
You know that when these two goes on high.
Both of them are also going up but it's a sign for bitcoin first and then Ethereum goes next. The london hard fork did really a lot on this pump that we're seeing.
The bulls are back but we don't know how low and how long it'll stay.
The London fork was maybe just the perfect timing for whales to give Ethereum a little push. The fork itself did probably not improve that much for the individual user in the sense that the user experiences it right away. It is rather an update that lays the foundation for many more updates to come. It was a critical update so to say but without too much impact on user experience. Correct me if I am wrong here. The real impact on the user level will arrive once we are going to see Ethereum 2.0 with full staking functionality.