This wave of market activity is not just cryptocurrencies rising; almost all risk assets are strengthening simultaneously. The core reason behind this is quite simple: liquidity is too abundant. In this overall context, the market trend is healthy and not like the previous times driven by news hype and prone to manipulation.
Many people may not have fully realized this yet. By the time they react and understand that this is actually a liquidity-driven bull market, it is often already towards the end of the bull market. So at this stage, it is actually easier to reap the benefits.