bull started?

[d3nz]

Just of yesterday I have seen a strong move of the ethereum gaining about 10 percent from the previous price and I was triggered to know if the bull about to kick off.
What do you smells from it?

It does seem like you are only looking at the Ethereum price from a small time scale. If you look at the daily price chat for Ethereum price, you would realize that this small pump was since Friday 21, Oct about 7 days ago with like 27% pump but we are actually going down since yesterday 27 Oct.

and this is normal even in a bear market if you zoom out you would notice that a similar incident has happened since the beginning of this downtrend.  

I think that we are still in a bear market phase, and little by little the market can recover soon.
Didn't expect that the BTC will go pump up hitting $21k but my speculation is that it will go reach below $20k and then go pump again.

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[dlightag]

Everyone are expecting bull Run, any small move of Bitcoin that created a lot of noise in the cryptocurrency market, which is just a sign of improvement time coming, currently market is fluctuating for candles stake correct. Just a matter of time, Bull Run we start as well all expecting.

[Ziskinberg]

Just of yesterday I have seen a strong move of the ethereum gaining about 10 percent from the previous price and I was triggered to know if the bull about to kick off.
What do you smells from it?

just like the others, I have no feeling for this will be an indication of a possible Bull market, it wasn't the time yet. Because as we all know, the bull season will seem to start after halving and we're not done yet. With such a few pumps we've been seeing this time as just a short pump, not related to a bull market, in fact, if we are to imagine it was too far from it.
I don't want to disappoint people thinking about it but it was more disappointing to expect a thing that is not true.

[serjent05]

Just of yesterday I have seen a strong move of the ethereum gaining about 10 percent from the previous price and I was triggered to know if the bull about to kick off.
What do you smells from it?

This is not a bull trend yet but a good sign of recovery, we can only confirm this if the whole market able to break the resistance level and continue it’s momentum.

This recovery can be considered a bull trap too.  Faking the market to be bullish then a sudden dump might happen.  As we see the price recovery become stagnant and we see some corrections making the market price to downtrend a bit.

Let’s not get hyped by this current movement, this might be a bull trap as well so be careful and buy only when you think the price is good. Many hope that this is a bull trend, and see if there’s a confirmation for this possible trend.

True, it is early to get hyped. we need a lot of good news and lots of new institutions adopting cryptocurrency but it isn't that many yet.  So I also think that the current price surge is somehow a bull trap.

Everyone are expecting bull Run, any small move of Bitcoin that created a lot of noise in the cryptocurrency market, which is just a sign of improvement time coming, currently market is fluctuating for candles stake correct. Just a matter of time, Bull Run we start as well all expecting.

We all think that the bull trend will come sooner or later but at this point, the transition isn't happening yet, we might see another month of boring sideway.

[Inwestour]

just like the others, I have no feeling for this will be an indication of a possible Bull market, it wasn't the time yet. Because as we all know, the bull season will seem to start after halving and we're not done yet. With such a few pumps we've been seeing this time as just a short pump, not related to a bull market, in fact, if we are to imagine it was too far from it.
I don't want to disappoint people thinking about it but it was more disappointing to expect a thing that is not true.

Hoping for the best is normal, each of us would like the market to start rising now, but if we look at previous cycles, we will see that bear markets last much longer. Accumulation periods must be long, because it is difficult to buy a large quantity of coins in one transaction and not make the market react to it, so this is a long process. I've said it before, but I'll say it again, it's also good for us who invest in bitcoin, because we will have more time to buy at a low price.

[AzamNurWahid]

Just of yesterday I have seen a strong move of the ethereum gaining about 10 percent from the previous price and I was triggered to know if the bull about to kick off.
What do you smells from it?

Not yet but hopefully, there's still a lot of gap to fill and I think bull run will only begin once the top coins able to fill it.
There are still bad news and good news though, it can affect cryptomarket so stay focus with the news in the coming days that can help confirm the trend. FED hike might happen early next week, that could change this up trend into another panic, let's see the effect of that into cryptomarket. US market are still important for the growth of cryptomarket.

Right. Some external events have a big influence on price developments. But if we look at what is happening at the moment, the price is going very positively, although it is not increasing as fast, but this is a very good thing.  At least we all still have hope that things will get better

[traderethereum]

Everyone are expecting bull Run, any small move of Bitcoin that created a lot of noise in the cryptocurrency market, which is just a sign of improvement time coming, currently market is fluctuating for candles stake correct. Just a matter of time, Bull Run we start as well all expecting.

Of course, everyone who invests in bitcoin really expects a bull run because, at that time, we can get back to getting huge profits like before.
But unfortunately, we will never know when the bull run will come back and we can only guess and get ready.
The current state where the bitcoin price can return to $20k gives us hope that a bull run is coming soon, although it is still a mystery.
And at least we can still buy bitcoins and keep them until the bull run returns.

[Mr. Magkaisa]

Just of yesterday I have seen a strong move of the ethereum gaining about 10 percent from the previous price and I was triggered to know if the bull about to kick off.
What do you smells from it?

-  You know in truth, the movement you saw in Ethereum was just following the movement of bitcoin, that's what was observed. That's why some in the crypto industry say that Ethereum has always been behind bitcoin. In short, when there is a normal pumping in the price of bitcoin, expect Ethereum to follow suit, and when the value of bitcoin falls gradually, expect the same to happen to Ethereum.

So what you saw yesterday movement is just a common movement here in the world of crypto trading dude. We are still far from the bull run that many here in this field are expecting.

[Liz Truss]

There's nothing special in this kind of pump, the market is just fluctuating and faking the market. The bull season is not even close yet, keep filling your altcoins bag tho

[justdimin]

Just of yesterday I have seen a strong move of the ethereum gaining about 10 percent from the previous price and I was triggered to know if the bull about to kick off.
What do you smells from it?

Unfortunately bear market is not over yet. The increase is just a minor recovery and in fact already followed by correction (if you check the current price now).

If the bull starts to take over you'll notice the consistent price increase without correction happening. Traders and investors are lively again together with positive news about crypto with newbies joining the ride and engaging themselves. So for now what you can do is buy cheaper coins, hold and forget for a while the market to not be tempted to sell.

I do agree that bull wouldn't be this small, when the bull starts it is going to be something huge and we wouldn't be asking if it has already started or not, we are going to know about it. I personally think that the best thing to do about bitcoin right now would be waiting without getting excited about the smallest of moves. If you see it go to 21k or something like that, do not get yourself ready for anything.

Just be capable of understanding that it is going to be something profitable for you, and you have to wait a lot longer. Obviously if it becomes 30k+ in a week then you can get excited, but even then you should wait for it to grow even further with time.

[super bako]

Currently it is too early to say something like that, the "pump" has been good and special. If this will now go on for 2 weeks and we see prices of 28,000$ and more, then we can scream a little louder Bullrun, i think not yet. There are since two days more positve News about Bitcoin, one looks on twitter and binance, a cooperation could arise here. Binace is said to be interested in buying Elon Musk and want a share.

I think if bitcoin goes back to the big price of 28,000$ there will be a temporary dump of this big whale. but subsequently more than 28k can happen. maybe this will happen in november, will experience a green market and investors will be happy, i hope this is not a trick by big rich people taking a chance, there is still time to enter the market before it is significant

[KaliLinux]

Just of yesterday I have seen a strong move of the ethereum gaining about 10 percent from the previous price and I was triggered to know if the bull about to kick off.
What do you smells from it?

It does seem like you are only looking at the Ethereum price from a small time scale. If you look at the daily price chat for Ethereum price, you would realize that this small pump was since Friday 21, Oct about 7 days ago with like 27% pump but we are actually going down since yesterday 27 Oct.

and this is normal even in a bear market if you zoom out you would notice that a similar incident has happened since the beginning of this downtrend.  

I think that we are still in a bear market phase, and little by little the market can recover soon.
Didn't expect that the BTC will go pump up hitting $21k but my speculation is that it will go reach below $20k and then go pump again.

It might not be soon as most are expecting, that is why with every little correction upward of the Bitcoin price most people will think that the market is going into a Bull season. We could see the market trading between the last low of $17k to $21k, which could be the range for some time or could even drop below. Just understand that the market will indeed reverse, but I don't think that will be soon.

[MinoRaiola]

$28k is a very high expectation this month and November. October is coming to an end so that's unlikely but November we face a rate hike that I believe will drive us down rather than help us hit new highs. I don't expect too much from this rally, it looks more like a trap than a strong rally.

I wrote "go on for 2 weeks", not this month. The price +40% to now, that is before the $30k. If that happen, then you could say a little louder: its a bullrun. I wouldn't say with these prices that we are back in a bullrun. If you see rising prices and big news over many weeks, with great  acceptance should increase. Then a new trend and the chances be good for a bullrun.

[Jating]

$28k is a very high expectation this month and November. October is coming to an end so that's unlikely but November we face a rate hike that I believe will drive us down rather than help us hit new highs. I don't expect too much from this rally, it looks more like a trap than a strong rally.

I wrote "go on for 2 weeks", not this month. The price +40% to now, that is before the $30k. If that happen, then you could say a little louder: its a bullrun. I wouldn't say with these prices that we are back in a bullrun. If you see rising prices and big news over many weeks, with great  acceptance should increase. Then a new trend and the chances be good for a bullrun.

Not sure, maybe it's quite high for November to reach that price. Yes, October is ending, could be in positive note, but isn't it this is the price like 4 months ago? $20k'ish? so we are just back from where we have been in the previous months. So for me, there is no bull run yet, even if we reach $28k. This is still a bearish cycle to me so the price could still nosedive next. So it's better not to put too much expectation at this so called rally.

[Cryptomiles1]

Naturally market might regain a bit without waiting till the next bitcoin halving, you know how whales manipulates the market and control the prices. So I don't get surprised if any changes occurs so suddenly within just few days, it was at 18k then to $19k finally enters +$20k if not carefully analyzed one might thought is already bull.

[harizen]

So I don't get surprised if any changes occurs so suddenly within just few days, it was at 18k then to $19k finally enters +$20k if not carefully analyzed one might thought is already bull.

Try to refer to the bitcoin price way back in July this year and sees the progress up to this date. It seems the bull price is showing some signs there when the price hits $24,000 last August from $18,000 in July. But from there til now, we can conclude that the price is swinging from $18,000-$21,000. No bullish trend, no bearish trend but just a usual market behavior.

Just take things easy and play it slowly but surely.

[BitcoinPanther]

Do not expect any bull market until the next bitcoin halving is complete, at this point only very few spikes will happen and we will keep going sideways for months until a slow recovery begins, if you aren't Dollar cost averaging already I don't know what you are waiting for.

I agree, the current crypto market hype is just a relief rally, a recovery or a bull trap.  It is already known that Bull market often happen near Bitcoin halving because of a huge hype of the idea of Bitcoin getting rarer and more scarce. So, we should hold our horses and don't get over excited over this market price recovery.

Just of yesterday I have seen a strong move of the ethereum gaining about 10 percent from the previous price and I was triggered to know if the bull about to kick off.
What do you smells from it?

-  You know in truth, the movement you saw in Ethereum was just following the movement of bitcoin, that's what was observed. That's why some in the crypto industry say that Ethereum has always been behind bitcoin. In short, when there is a normal pumping in the price of bitcoin, expect Ethereum to follow suit, and when the value of bitcoin falls gradually, expect the same to happen to Ethereum.

So what you saw yesterday movement is just a common movement here in the world of crypto trading dude. We are still far from the bull run that many here in this field are expecting.

True, ETH market price surge is influenced by Bitcoin uptrend.  There isn't any good news about ETH market development to trigger the ETH bull run, is there?  

[bittick]

it will be bullish if bitcoin actually surpass the current value that is going beyond $25K since nowadays it seems bitcoin is just stuck around $20k and just keeps having fluctuation in that value mark.
if BTC could ever make some breakthrough and this breakthrough is rather sustaining for quite few weeks and then still go beyond then I could assume that's going to be bullrun, otherwise if the value increase was just temporary it most likely just gonna become fake bullrun that's eventually gonna lose its value again. moreover I think the bullrun isn't going to come until the current economic crisis is settled honestly.

[wheelz1200]

Just of yesterday I have seen a strong move of the ethereum gaining about 10 percent from the previous price and I was triggered to know if the bull about to kick off.
What do you smells from it?

False flag.  The new year I expect to bring some pain.  Just some pumps pre end of year here I think.  I don't think we see a bull until sometime after the next bitcoin halving.  I hope I'm wrong but a couple good days doesn't do it for me.  I need to see more.

[agustina2]

The same as before, when the market shows some lengthy green bars, the most impression would be, the bull run would now be started.

As much as I want a bull run to happen we should have already learned our lesson that a bull run is not really healthy at some point. That BTC price from around $60,000 down to $18,000 within just a few years is something that we don't want to see again.

I'd rather want to see a slow movement going upward rather than a quick leap.