Over the last 24 hours, we have witnessed the crypto market bouncing back in a big way, including most altcoins. If we actually look at the daily here, XLM up almost 12%, HBAR up almost 9%, Ethereum itself up 4%, XRP up almost 8%, ALGO 8.5. We are seeing a nice bounce along the altcoin market.

Even if we look at Bitcoin, Bitcoin has been bouncing about 2% today. And if we look at the weekly, we are still red on the weekly. So, we still have a lot of work to do, but we are starting to see some old coins bouncing in a big way today. And even in the last hour, we're still seeing those nice gains.

Now, the big question here is, is this just a dead cat bounce? Are we going to go lower or are we going to have that big breakout? Well, in this video, I'm actually going to go over a few things and I'm actually going to give you guys my thought process here, but the main thing to look at is the strength on Bitcoin, right? We're still focused on Bitcoin. And I know that you guys hate to hear me say that, but yes, Bitcoin is still the main driver here.

Ethereum is definitely in second place still. I do think that as we start to see Ethereum really kind of break over $4,000 plus dollars, that's when we'll see the big shift in the market. But Bitcoin 115K roughly. Ethereum 3500 plus. XRP back above $3. We love to see it. Uh if we look at XLM up to 41 plus cents. Sooie $3 and almost 50. HR around roughly 25. So no major change at all. We're still hovering around some, you know, lower price action levels.

But the good news here is that the market cap of most of the space is up in a big way. If we actually look at the market cap, 3.73 trillion. And we could also see the big jump on the 100 index, this is, you know, the top 100 cryptocurrencies. But in terms of the actual market today, we are bouncing off of some significant lows, which we'd love to see. Uh, fear and greed around 52. We could also see that, you know, spike here on fear and greed from the low of like 48 back to 52. Not too bad.$BTC