(BTC) and Ether (ETH) are buying and selling above the psychologically necessary ranges of $30,000 and $2,000, respectively, suggesting that crypto winter could also be on its final legs.
Some analysts name for begin of alternate season, however it could be too early for that. When most crypto bears flip bullish, Bitcoin will seemingly drop sharply and shock late entrants. This might harm short-term sentiment and trigger a sell-off in altcoins. As soon as the weak palms are shaken off, the crypto markets might stabilize and begin a sustained uptrend.