Yesterday's strong rise in BTC did revitalize market sentiment. One of the reasons behind this is that Putin announced the legalization of Bitcoin mining in Russia.
This news is undoubtedly an excellent opportunity for the current market, and it is expected to push the market into the bull market ahead of schedule.
However, the current bull market is still mainly concentrated on BTC and ETH, and altcoins have not yet fully caught up.
If BTC can stabilize at 61,200 and break through to 62,500, the market may maintain a continuous upward trend, and then gradually drive various altcoins into a real bull market.
