In the last few days, the ethereum price keeps rising while the giant of crypto Bitcoin was relying on between $47k to $48k but in the last 24 hours, the entire market has changed Bitcoin is heading to 50k while ethereum is in a new all-time high of $3750 since April 2021.
Will this market signal a new season for all the other cryptocurrencies, as the entire market looks bullish at this point?
I think the position of altcoins is improving, even less dependence on Bitcoin and Ethereum changes. I think the concept this year is much different from the previous one. Pumps will occur on certain coins with a high value. But this kind of pump will not last long, so we need to be careful. Of course there will be a big dump for the coin. We also need to analyze the movement of Bitcoin, so that we can see the condition of crypto in general.