The current market is completely dominated by news, with a speed that far exceeds market expectations. Such a level of volatility itself does not support a slow and steady pace.
The market moves very clearly: after stabilizing, it directly transitions to a sharp rise, forcing all hesitant shorts to cover.
Ethereum leads the charge, aiming for a target of 4800; once this momentum is established, Bitcoin is likely to set its sights on 120000.