The current market situation is very similar to that of October last year, when Bitcoin was tested first and then launched, followed by altcoins. However, most retail investors are still pessimistic, and trading volume is still sluggish.

Although there is ETH ETF stimulation now, gas is still in the single digits, and the mainstream market is still skeptical about altcoins and VC coins, and the greed index has just returned to April.

After testing the market in October last year, the market trends of 11, 12, 1, and 2 were all good. Now the Ethereum/altcoin market is brewing, and altcoins are ready to move and are testing the market one after another. This wave of market will continue at least until early July.