Just of yesterday I have seen a strong move of the ethereum gaining about 10 percent from the previous price and I was triggered to know if the bull about to kick off.
What do you smells from it?
It does seem like you are only looking at the Ethereum price from a small time scale. If you look at the daily price chat for Ethereum price, you would realize that this small pump was since Friday 21, Oct about 7 days ago with like 27% pump but we are actually going down since yesterday 27 Oct.
and this is normal even in a bear market if you zoom out you would notice that a similar incident has happened since the beginning of this downtrend.
I think that we are still in a bear market phase, and little by little the market can recover soon.
Didn't expect that the BTC will go pump up hitting $21k but my speculation is that it will go reach below $20k and then go pump again.