Will cryptos go into Bull season?

[livingfree]

Majority indicate the UST pegging an issue for the ongoing bearish move of the market. I don't think so, because the market used to have bearish and bullish moves. After a long the market have turned bearish, and people started to make a connect with the UST as a reason for this. This time it looks like it'll take some good time for the recovery of the market. When the recovery happens the same will be connected with the incident happening by that time.

I think it helped to the bearish season that we've got now.

The Terra Luna's foundation have contributed too much with the shorting of bitcoin that they've accumulated long ago. As they short, the focus is to put back UST into $1 pegged.

But what has happened, the market has keep on dropping and both of their coins are going down.

[Tony116]

No one really knows when, 4 months after you post this, and the market is still just go up and downs, not bullish. It will likely go sideways until at least the halving of bitcoins. Except the altcoins can fully independent not affected by bitcoin price, but that things is also unlikely in near future. So, I think everyone should just expect a sideway market for the meaning time. And for the question about eth and btc? I don't think ethereum can catch bitcoin in near future, or even it will never, bitcoin is too strong.

We entered a bear market no longer sideways and now all altcoins are bleeding in bitcoin, no altcoins can exist independently on the market without depending on bitcoin. Take a look at the market at this point you will see.
Ethereum is having some trouble with gas fees but eth is really the best altcoin to invest in, I consider it the second safest investment after bitcoin. But hard to surpass bitcoin, bitcoin will still be the big brother of cryptocurrency.

if update on ethereum about sharding applied ,i am believe it could reduce gas fee significantly.i know some projectt using sharding and really it have low cost fee and high transaction fee. with this condition , ethereum will be best smart contract platform again in market.whales now waiting ethereum price below 2k before they accumulate it, no matter with bitcoin price as long as update released in ethereum it will give huge impact.

The most anticipated Ethereum upgrade this year, it can be said that this event is as important as the bitcoin halving, hope all goes well for ETH.

Although ETH is struggling with gas fees, it is still the most popular contract platform. Aside from bitcoin, eth will be the important rest of the market if the ETH2.0 upgrade goes as planned (this year.) It will have a positive impact on the market.

[rodskee]

Cryptos have been counting the ups and downs in a balanced way lately. A coin that increased by 15% today, 2 days later we see that it has decreased by 25%. To what do you attribute this fluctuation?
When will cryptos enter Taurus month? Does anyone have any enlightening information on this subject?

When can ETH catch up with BTC?

The answer is Uncertain mate , Because Ethereum will always be second to Bitcoin and this will took long years before we can consider this catching Up BTC or even breaking the capitalization and price of Bitcoin.

https://coinmarketcap.com/

Look How huge the difference of capitalizing Bitcoin and Ethereum and that can show you completely that this will remain as a Dream for Ethereum over Bitcoin supporters .