(BTC) and Ether (ETH) are buying and selling above the psychologically essential ranges of $30,000 and $2,000, respectively, suggesting the crypto winter could also be on its final legs.
Some analysts are calling for an altseason to start, however it might be too early for that. When most crypto bears flip bullish, Bitcoin will doubtless 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 arms are shaken out, the crypto markets could stabilize and start a sustained uptrend.
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