What indication will this rise bring

[looterrific]

I don't really see this as a "Hope" or an indication that a bull run will start. I think it is just a pump that those whale shills. I know it kinda sucks but we have to face the truth, the prices will decline again in a few days or weeks. Let's just hope that bull run happen soon.

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[nasipadang]

The last 24 hours see a 5% rise in Ethereum with $11 billion gains in Crypto markets though with a low volumes. Can we say this is a new hope for altcoins and a good trends for the Cryptocurrencies as a whole.

Now the price is down again, the current market is not so bringing hope to go up, what we need is whales and good news, maybe if people are experts or respected in the eyes of the world express the greatness of technology blockchain and crypto, maybe we will be in bullish.

[50ouncebrew]

I don't think that it brings any indication. If all the years I have spent in crypto has amounted to anything, it has shown me that every little increase in price does not mean that the market is going into a recovery. A lot of the times, it means that the price is going to plummet again which is what happened. It could take another couple of weeks for us to see a price recovery.

[berezov_petro]

The last 24 hours see a 5% rise in Ethereum with $11 billion gains in Crypto markets though with a low volumes. Can we say this is a new hope for altcoins and a good trends for the Cryptocurrencies as a whole.

The crypto market is still in place, but it seems to me that we will soon see a rapid growth. ETH course just fluctuates there and back, but this is not a market growth.

[ivlvov]

The last 24 hours see a 5% rise in Ethereum with $11 billion gains in Crypto markets though with a low volumes. Can we say this is a new hope for altcoins and a good trends for the Cryptocurrencies as a whole.

This is a good trend for the entire cryptocurrency market, but this does not mean that Ethereum will start instantaneous growth right now. Changes in the course are constantly taking place and as practice shows, every year altoins are stagnant, and recovery begins in a few months. So do not be confused.

[Azzhan]

Yet it is still falling, and any rebound looks weak.
A bear market has come, and it will take a long time.