In the past few days, those altcoins related to Ethereum have shown performance. If Ethereum can lead the rise, it will definitely be great news for the entire altcoin market!

However, there isn't enough money in the market right now, and the atmosphere isn't that hot. It's unrealistic to expect all coins to rise together; the most likely scenario is that different types of coins will take turns rising.

If Ethereum can start off well and drive this 'turn-taking rise' situation, it will be a shot in the arm for altcoins, increasing confidence and willingness to invest.

To summarize: If Ethereum can rise steadily and for a longer period this time, we can expect more small coins to follow suit.

Is this wave of increase a rebound or a reversal? The key lies in two points:

Can Ethereum really stand strong on its own, not following the ups and downs of Bitcoin, and walk independently?

Secondly, the demand for Bitcoin is not high; as long as it can maintain stability and not fall, even if it just stays flat, that would be the best situation for the current market.