DAX as picture? lol

I think its more a general pumping at the moment. For example, right just now from the first 20 coins on Polo only the first, Ripple, is in the reds, the others all show +

The lending market there also is crazy, rates about 0,2% for nearly 2 days now. Which I translate as a big speculation on upwards coin prices.

So I guess it is a coinmarket-bubble. That will pop somewhere.
Of course that does not say anything about the after-popping prices of coins.