Sentiment on the crypto market has been changing of recent as market capitalization moves from $131 billion to $137 billion. Also, the surge in the value of Ethereum, Enjin coin, and Litecoin cryptocurrencies has also impacted the change in sentiment. However, this is still not enough to guarantee that the bearish trend is over according to a cryptocurrency analyst.
$4,600 Mark Is Key For Bullish Trend
A technical analyst,
In addition, there has been a surge in the value of Litecoin and Enjin Coin against both Bitcoin and the U.S. dollar in the range of 20 and 100 percent. The volume of Bitcoin has also increased to $11 billion recently
Despite the changes in the crypto market,
The Bulls Gradually Surfacing
Also, though CBOE reportedly drops Bitcoin future in the short term due to lack of volume,