Is the market making a bullish comeback?

[Zeddicus]

   The market wasn't looking good but from the recent looks at SEI, SOL & ETH which are trying to make a bullish comeback could be the stepping stone but could they maintain the momentum?
 While SEI had broken the Adam & Eve pattern stabilizing above the 0.236 Fibonacci level suggests a strong investor confidence; SOL also has tested the $135 support & corrected losses hoping to clear $144 resistance, and ETH on the other hand is targeting a comeback as it has tested the $2320 support and aiming for a fresh increase above $2420 resistance. Also potential projects like COMAI & the likes launching on ETH could boost its potential IMHO.

This could be the mark of a bullish market should they successfully continue with the momentum but you know market is a funny thing & highly unpredictable.

[0t3p0t]

   The market wasn't looking good but from the recent looks at SEI, SOL & ETH which are trying to make a bullish comeback could be the stepping stone but could they maintain the momentum?
 While SEI had broken the Adam & Eve pattern stabilizing above the 0.236 Fibonacci level suggests a strong investor confidence; SOL also has tested the $135 support & corrected losses hoping to clear $144 resistance, and ETH on the other hand is targeting a comeback as it has tested the $2320 support and aiming for a fresh increase above $2420 resistance. Also potential projects like COMAI & the likes launching on ETH could boost its potential IMHO.

This could be the mark of a bullish market should they successfully continue with the momentum but you know market is a funny thing & highly unpredictable.

I don't know about SEI but I can see it performs well today better than the others you've mentioned so if you got some of SEI then you probably are in profit for holding but if not then I don't know what makes them green maybe they are just part of the normal volatility in the market.

[bounceback]

I don't think promising yet with current price of SEI after dropping under $0.42 from current price hit above $1, recently not only with SEI coins but also all coins have dominance with downtrend performance exactly with my top potential altcoin holding Ethereum. Invested last two months ago when Ethereum price above $3,3k and right now price of Ethereum decreasing drastically until dropped to $2,4k with difficulty return back to higher price.

Seems bullish moment will easily come true near future, have been longer time holding some top altcoin and recent bitcoin price still drop under $61k with the last ATH price above $73k.

[Mia Chloe]

The market wasn't looking good but from the recent looks at SEI, SOL & ETH which are trying to make a bullish comeback could be the stepping stone but could they maintain the momentum?
 While SEI had broken the Adam & Eve pattern stabilizing above the 0.236 Fibonacci level suggests a strong investor confidence; SOL also has tested the $135 support & corrected losses hoping to clear $144 resistance, and ETH on the other hand is targeting a comeback as it has tested the $2320 support and aiming for a fresh increase above $2420 resistance. Also potential projects like COMAI & the likes launching on ETH.

Well I didn't actually check the charts of a couple of altcoins as at yesterday when there was some sort of panic which was stirred up by the US government and FUD in addition to the drama HBO decided to put on which actually successful raised bitcoin fees and also dropped the price a little below $60k. Anyways I think the whole panic these events and news brought up are gradually fading off. When last I checked bitcoin has gotten back to over $60k once again.

Just now I decided to glance through some popular altcoins and I wasn't surprised that they are actually progressing in Price within the last 24 hours including solana.

[albon]

I would like to give my overview of new crypto industry trends which i believe are coming soon. I'll highlight ideas to get you thinking and drawing your own conclusions. As an investment you should always make your own decisions and research which coins you should buy.
However, new liquidity is increasing from institutional investors. So many banks and large institutions will allocate a portion of their assets to cryptocurrencies. So this year will get a big pump in crypto if it processes quickly. The current bear market lays a foundation for tremendous growth in mass adoption during the coming cycle when record numbers of new users are likely to join the crypto space.
Investing in crypto in the future will have huge profit potential so you should buy good coins at this moment.

[Ovbiebo praise]

   The market wasn't looking good but from the recent looks at SEI, SOL & ETH which are trying to make a bullish comeback could be the stepping stone but could they maintain the momentum?
 While SEI had broken the Adam & Eve pattern stabilizing above the 0.236 Fibonacci level suggests a strong investor confidence; SOL also has tested the $135 support & corrected losses hoping to clear $144 resistance, and ETH on the other hand is targeting a comeback as it has tested the $2320 support and aiming for a fresh increase above $2420 resistance. Also potential projects like COMAI & the likes launching on ETH could boost its potential IMHO.

This could be the mark of a bullish market should they successfully continue with the momentum but you know market is a funny thing & highly unpredictable.

I don't know about SEI but I can see it performs well today better than the others you've mentioned so if you got some of SEI then you probably are in profit for holding but if not then I don't know what makes them green maybe they are just part of the normal volatility in the market.

I think most alts have bottomed out generally. And we just need a stable BTC trend to achieve something better. AI tokens like COMAI are doing well.

I noticed gamefi and memes too..

[yhiaali3]

There are many tokens that have seen significant increases over the past period on the Ethereum and Solana networks, for example, from the projects based on Solana that have achieved significant growth over the past period, there is currently the SUI token on the Solana network, which Cointelegraph indicated that 27% of SOL liquidity goes to SUI last month and the token rose about 100% within a month.

But despite these temporary increases and the rise of some altcoins, this does not mean that we have actually started a bull market unless we see a significant rise in Bitcoin, as you mentioned, the market is unpredictable.

[hugeblack]

The bull market sign starts from Bitcoin, not SEI, SOL, and ETH. The movement of these pairs, up or down, is usually related to the pair itself without affecting the market, as SOL can rise by 30% without the market moving, but if Bitcoin rises by 30%, all altcoins will rise.

[Bobcrypto]

   The market wasn't looking good but from the recent looks at SEI, SOL & ETH which are trying to make a bullish comeback could be the stepping stone but could they maintain the momentum?
 While SEI had broken the Adam & Eve pattern stabilizing above the 0.236 Fibonacci level suggests a strong investor confidence; SOL also has tested the $135 support & corrected losses hoping to clear $144 resistance, and ETH on the other hand is targeting a comeback as it has tested the $2320 support and aiming for a fresh increase above $2420 resistance. Also potential projects like COMAI & the likes launching on ETH could boost its potential IMHO.

This could be the mark of a bullish market should they successfully continue with the momentum but you know market is a funny thing & highly unpredictable.

One important area to look into when analyzing these altcoins market is taken a critical look on the Bitcoin trends, though most altcoins try to put up some strong resistance level to the Btc dominance, it of note that most altcoins largely depends on the Bitcoin price stability to get a good pump over times.
As for Ether, I read about some massive selling pressure  from a company called PlusToken, a planned sales of about 524k eth($1.3b) check here: https://x.com/ErgoBTC/status/1844117289123410303

Sol is doing very well, but may depend on the Bitcoin next moves.

[Azharul]

We know that cryptocurrency market is recently started to pumping in this time. I also believe that gradually it’s position will increase. We know that bitcoin is one of the best profitable crypto in cryptocurrency market. So when bitcoin price will increase then others crypto will increase gradually. We also see that new liquidity is increase in investors. I think it also the best prefer for cryptocurrency market. So i believe that crypto currency market will pump in this year. I also think that every investors will expect for pumping in crypto.

[MUGNIA]

SEI price is pretty good right now, but I won't be back on this Coin I'd rather keep SOL than SEI, it can be said that I was disappointed by SEI before
the market is indeed unpredictable let alone crypto for others it's the same so if it's considered funny it's one thing that doesn't make sense because that's the state of the crypto market, stocks even the vegetable market is difficult to predict

[God Of Thunder]

I do not want to rely on those altcoins, to be honest. Altcoins pump dump does not matter. If a single coin pumps, it won't help the market to move forward. However, if Bitcoin moves forward, which has 56% dominance, the entire crypto market will start to move. So, I am focusing on Bitcoin at this moment. The halving was done, and ETF approval was given as well. All we are waiting for is good momentum. The scarcity won't increase in a day. I believe some altcoin crypto airdrops have helped people learn more about crypto. I hope they will eventually discover Bitcoin and make their first Bitcoin transaction. As long as the number of Bitcoin users increase, the bull run will eventually come and you will be surprised.

[Baofeng]

Those are unknown Altcoins to be honest, so I'm not sure how it can trigger a bullish sentiments in the market. Perhaps only a couple of investors have been enjoying those, but for the rest of us, they are still in the Sol, or Tron, or Ethereum project.

And if we wanted to know if we are really in the bull run, then we will have to wait for Bitcoin, I mean we all know that it is the prime mover, so wherever it goes, the whole market moves. And so far it is still in the sideways patterns and so we are not yet in the bull run that we all wanted to see.

[jeraldskie11]

   The market wasn't looking good but from the recent looks at SEI, SOL & ETH which are trying to make a bullish comeback could be the stepping stone but could they maintain the momentum?
 While SEI had broken the Adam & Eve pattern stabilizing above the 0.236 Fibonacci level suggests a strong investor confidence; SOL also has tested the $135 support & corrected losses hoping to clear $144 resistance, and ETH on the other hand is targeting a comeback as it has tested the $2320 support and aiming for a fresh increase above $2420 resistance. Also potential projects like COMAI & the likes launching on ETH could boost its potential IMHO.

This could be the mark of a bullish market should they successfully continue with the momentum but you know market is a funny thing & highly unpredictable.

I like the chart of SEI it will be more confidence in me to analyze the market than the others. It already confirmed that the price EOF is up trend but we really don't how deep it will fall since it didn't break the current weak high. Personally, when I want to know what will possibly happen to the overall trend of market, I will analyze Bitcoin. But if I want to trade I will analyze the chart of that coin I choose to trade.

[MrSpasybo]

There are many tokens that have seen significant increases over the past period on the Ethereum and Solana networks, for example, from the projects based on Solana that have achieved significant growth over the past period, there is currently the SUI token on the Solana network, which Cointelegraph indicated that 27% of SOL liquidity goes to SUI last month and the token rose about 100% within a month.

But despite these temporary increases and the rise of some altcoins, this does not mean that we have actually started a bull market unless we see a significant rise in Bitcoin, as you mentioned, the market is unpredictable.

Yeah, I don't think the bull run can officially start until we see a strong growth in the total market cap. The recent recovery of a few ALTS is just technical and under the positive impact of the FED interest rate cut.

BTC.D continues to rise, most ALTS have underperformed BTC, and BTC has yet to make a new ATH. These are signs that we need to continue to be patient with this market. We've reached Q4 of the halving year, and I believe the bullrun will start soon, within a few weeks, enough to trigger excitement and FOMO in the market.