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.
we are still in a bearish trend and the main indication of cryptocurrency is bitcoin. as long as bitcoin is still in a bearish trend i guess its hard to get altcoins pumped up. Usually what happens is that bitcoin will experience an increase in the bullish season until it forms an area of consolidation, and finally the season for altcoins comes, there will be many altcoins experiencing an extraordinary increase, and of course the crypto market will become a trending topic around the world