Recently, altcoins have shown upward potential in the market, especially as the price of Ethereum (ETH) quickly rose from a lower point to $2337.81, boosting overall market sentiment. Bitcoin (BTC) also reached $102699.00, and the rise of these major cryptocurrencies seems to provide upward space for altcoins. Altcoins often continue to rise after a pullback, but it is important to note that short-term volatility may lead to adjustments.

Ethereum's strong performance appears to have driven overall market sentiment, which may be favorable for altcoins. My investment strategy will primarily involve spot trading while using futures contracts to capture market fluctuations.