#MarketRebound As of December 24, 2024, the cryptocurrency market is exhibiting a volatile trend, with Bitcoin and Ethereum experiencing slight rebounds.
Analysts suggest that Bitcoin's recent pullback may be building momentum for a potential rebound in 2025, with the $90,000 to $95,000 range considered an excellent pullback zone.
However, some traders, like CrypNuevo, anticipate a possible retest of December's lows near $90,000, expecting a W-shaped recovery or a complete filling of the lower shadow.
It's important to note that the market remains highly correlated with the U.S. stock market, and factors such as U.S. economic data and Federal Reserve actions continue to influence cryptocurrency trends.
Given the market's volatility, it's advisable to stay informed and exercise caution when making investment decisions.