(BTC) and Ether (ETH) are buying and selling above the psychologically necessary ranges of $30,000 and $2,000 respectively. This implies that the crypto winter could also be on its final legs.
Some analysts are calling for an altseason to start however it could be too early for that. When many of the crypto bears flip bullish, Bitcoin is more likely to flip down sharply and catch the late entrants off guard. That would damage sentiment within the quick time period and trigger a sell-off in altcoins. After the weak fingers are shaken out, the crypto markets might stabilize and start a sustained uptrend.
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