Crypto Market Update 🚨
$BTC and alts have rebounded strongly after the Sunday dump.
The rally seems to be a mix of spot driven and short squeeze.
The funding rate is still normal across the board, which means this rally could extend further.
2 coins I'm focusing on the most are $ETH and $BNB.
Nano Labs just announced to raise $500M for buying BNB, and this hasn't been priced in.
Bloomberg analysts are calling for ETH staking approval in Q3, and smart money will front run it for sure.
Also, SOL is looking good here because of upcoming ETF approval.
Overall, I think BTC could pump 10%-15% and alts could rally 20%-30% from here before any major correction.