Assalamu Alaikum friends,
A few days ago, the Iran-Israel war had a huge impact on the crypto market. For example, the market dumped a lot. It dumped so much that it even beat normal dumps. Due to this, many traders have gone bankrupt in this situation. The Iran-Israel war is currently on pause due to the intervention of President Trump. The two countries have promised that no one will engage in war for the time being.
This type of news creates bullish momentum in the crypto market. This pumps the market. If there is no bad news in the market in the next few months, then the market may see a major bullish momentum. That momentum will be considered as the start of Alt Season 3.0 for us.
The current market conditions are largely positive. The market is slowly trying to recover from recent dumps. While Bitcoin has recovered its dump, the rest of the altcoins have not yet recovered. However, if this condition continues, the market will be able to recover all its dumps.
At this moment, eyes will be on world politics. The hope is that no bad news will come and the market will recover all its losses.
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