Bitcoin, Ethereum, and other altcoins are beginning to see significant upward moves as the month of April comes to an end. Though, I can't say for sure whether the bull season has fully started or not, but many experienced traders are still cashing out through futures and spot trading. Meanwhile, the majority of token trading pairs are in USDT and USDC, which is why my attention has been drawn to the ongoing USDC trading event on BingX where traders can participate for a chance to win exclusive rewards before the event ends on May 6th. I thought of sharing this, as there might be someone out there ready to participate.
Basically it's hard to say that the market is in a bullrun, although the signs are there, starting with prices rising significantly, breaking resistance after resistance, making new highs which means demand is greater than supply, then there is market sentiment, a large wave of investors buying massively, believing that prices will gradually rise.
However, what is happening now is that although the price has risen significantly recently, it is still a short-term category, because currently the market is in a sideaways condition, the price moves up and down in a small range, investors also tend to be still afraid to enter the market due to the vulnerability of price manipulation with news that often comes out suddenly, resulting in a price drop in a short time.