The trend will not be the same, but there will be some who will still be operational despite not being on the trend anymore.
Hype is long gone.
Well as for the news, it's pretty common that we see a short spike after some good news from projects. Just look at Ethereum's price right now just after Blackrock announced that they are applying for its spot ETF. It surged and surpassed the $2100. Of course both projects are different, but I'm just saying that any good news mean price increase for every project.
A bit of an aside, perhaps there is some connection when price increases occur on a large scale in the space, but I am not too surprised about the news being spread as a way to legitimize the price.
Even with technical analysis, market fundamental analysis, psychology,... I can also make some speculations about the possibility of fluctuations, but honestly everything is just theoretical speculation and the displayed results may be correct or incorrect. What we think of as trends really don't show much value outside of volatility charts.
I also accidentally saw the doubts of many people, but more honestly, it was a regret for not being able to catch up with this price increase. Even though excitement is growing, don't really trust what's being revealed. Even with the latest news about the ETH spot ETF, I don't expect a strong wave here, but of course this brings an exciting atmosphere to the market.
Vitalik! Oh, my goodness!
![](https://ip.bitcointalk.org/?u=https%3A%2F%2Fwww.talkimg.com%2Fimages%2F2023%2F11%2F10%2Ft8Rc3.jpeg&t=665&c=AXt00UMvGYt5mA)