The crypto market is showing signs of life after a sluggish start to the year. Bitcoin has broken above its 50-day moving average, a key technical indicator, and is now testing the $40,000 level. Altcoins are also gaining traction, with Ethereum and Solana leading the charge. As risk appetite increases, investors are taking a closer look at undervalued assets, such as Cardano and Polkadot. Could this be the start of a new bull run?

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With Bitcoin breaking above its 50-day MA and altcoins gaining traction, it's definitely an encouraging sign for the market. The 40k level is a key resistance, so we'll see how Bitcoin performs if it breaks above it.