No it's just a massive pump I think due to Bitcoin price recovery but I,m sure it's not better time for trading because crypto market not showing best response so better to wait and watch how market react...
Waiting time by not doing something will obviously be detrimental, so if the market has not seen a positive direction (bull market), of course, to continue to make purchases as much as possible and as much as possible with the available funds, so that when prices start to improve, the impact will be seen , because of the action already done by saving.
it seems that this year there is no indication that the recovery will start soon, it seems that you have to be patient again to wait until the next year and maybe the next halving period. of course there is no good staying silent and waiting until the market shows towards the positive side
For me personally , once bitcoin stopping itself from being in the bearish trend ... the altcoin will get backup first before the bitcoin itself , this time im pretty confident and sure enough about this , as long as it's not hitting the all time low of 2022 ... things gonna be great for altcoin to skyrocketing.
The charts are pretty obvious , we just need to put the buying price at the right momentum of altcoin rising point.
Not always the case but there are instances that altcoins do really make out some initial movement when it do tends to go upwards but most of the time it would really be always be going along with Bitcoin.
Whenever it would be making out some bullish movement then it would really be going along with Bitcoin and this had been a common behavior which we can say which altcoins do really do most of the time.
Pumping on a bull market is pretty common and the main question on here is that do we really know on when it would happen? This is where main questions starts.