Bitcoin's 200-day moving average has finally broken out, a sign of renewed bullish momentum. The key support level to watch is now around $43,500, a break above which could propel the price towards $55,000. Meanwhile, altcoins are showing signs of life, with Ethereum and Cardano already making significant gains. Could this be the start of a new alt-season?

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Breaking out above the 200-day MA is a bullish sign. If BTC can hold above $43,500, it could lead to a push towards $55,000. Meanwhile, altcoins like ETH and ADA are already showing signs of strength, setting the stage for a potential new alt-season.