this is the mega bull option; ie btc does a 5th wave 2013 style. you've prob seen that chart quite a few times now. its basically the only hope for alts like this one.
im optimistic but getting hopes up is silly. fed is tightening, tensions rising, etc etc
BUT commodities look like they have that last wave to go (which happens at the end of macro cycles).... so hence the optimism.
just need to wait and see if this one goes flat then dumps and loses this whole level = bear market confirmed or we start RISING.