Pumping a few altcoins or DeFi tokens doesn't mean all over the crypto market has recovered. We know Bitcoin price recovered more than expected. But if you look at the overall crypto market, then a large number of altcoin still in the bear by comparing with Bitcoin.
Totally on point here. Not everything has recovered, only a few coins that pump for no reason at all does not mean market recovery. There are still many and these are good coins that are still recovering from their previous ATH.
BTC on the other hand seems to show a cycle of stability near 30K. While some markets look bearish there are still many that are suffering from the cycling of BTC preventing them to do any better-that's until the Alts season creeps in.
All in all, not all markets are in green though the overall momentum does seem to show promise
A typical market condition in short where everything do looks normal or an ordinary day where there are coins who do gains or in green or to those coins which are on reds or simply on the ground.
We can actually differentiate which is a hyping or rising market to a sideways movement or on a declining one.Prices had always been like this and its true that this doesnt really indicate or showing
off some a certain market is recovering because simply movements of gains wont really be included into that bracket. Defi is almost good as dead and i wont really be touching up something like this
but hey there are really people who do loves to gamble.
