DataDash believes Bitcoin could be starting an upward trend based on its recent price movements. Specifically, Bitcoin has been trading above its 21-day moving average for the past 6 days, which is a positive sign.

🩸 However, DataDash cautions that the altcoin market is still struggling. For a broader market rally to occur, the altcoin indices need to show strength as well.

💱 If Bitcoin can continue holding above its 21-day moving average and altcoins start performing better, DataDash is interested in potentially trading altcoins like Stacks (STX), Render (RNDR), and Fetch (FET). He sees these as moderately risky but with good upside potential.

🤖 An important event to watch is Nvidia’s upcoming earnings report. Nvidia is a leading company in the AI industry, and if their earnings are really good, it could drive a major surge in the AI trend, which could positively impact cryptocurrencies related to AI.

Overall, DataDash advises patience and carefully monitoring market conditions before considering any trades. He wants to avoid chasing unsustainable rallies and instead wait for clear signs of a sustained uptrend before potentially entering altcoin positions.