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 bulls are back in the market, but now it doesn't look like a perfect bullish trend. For some reason this growth pattern will continue, because traders keep on scalping to generate profit. This keeps the volume in a stabilized manner than moving downside. With ethereum the London fork has made a big demand on ethereum through its burn. This is now getting reflected on its growth.