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#CryptoRebound2026 🚀
Market Update: Are Bulls Back? 📈
Looking at the overall market structure, leading assets, especially Bitcoin ($BTC) and Ethereum ($ETH), have shown a strong reaction from their key support zones. After recent declines, the market has experienced an "Oversold Bounce" that is revitalizing investor sentiment.
Key Highlights:
Bitcoin ($BTC): BTC has defended its major demand zone between $60,000 and $63,000. Closing above $64,000 has broken the short-term bearish momentum, and traders are now eyeing the $68,000 resistance.
Ethereum ($ETH): ETH has shown a strong recovery from the $1,800 - $1,900 range. After whale accumulation and leverage washout, Ethereum seems ready to retest the psychological level of $2,100.
Market Sentiment: The Fear & Greed Index, which was at "Extreme Fear" (11), is now moving toward recovery. Re-entry of spot ETF inflows and liquidation of short positions have fueled this rally.
Technical Perspective:
As long as Bitcoin holds the support level at $64,500, we can expect a "Relief Rally." But remember, macroeconomic factors and volatility are still high, so risk management is essential. 🛡️
What do you think? Is this just a "Dead Cat Bounce" or are we heading toward new highs? 👇
#Bitcoin #Ethereum #CryptoAnalysis #TradingUpdate