#MarketRebound

The recent upswing in the crypto market—highlighted by Bitcoin's rise to $93K and Ethereum's stabilization around $1,700—has certainly drawn attention. Following several weeks of volatility, this renewed momentum has sparked debate among traders and investors: is this the beginning of a major breakout, or just a temporary relief rally? On one side, Bitcoin’s move past crucial psychological and technical thresholds points to growing confidence, potentially fueled by institutional interest, macroeconomic pressures such as inflation, or excitement surrounding the next halving. The fact that many altcoins are also gaining supports the idea of improving market sentiment.

Still, caution remains necessary. While trading volumes and on-chain metrics present some positive trends like increasing inflows, other indicators suggest that profit-taking may have already started. Moreover, global political tensions and regulatory unpredictability continue to pose risks that could swiftly dampen enthusiasm. Relief rallies often follow sharp downturns, typically driven by short squeezes and oversold conditions. Until Bitcoin holds steady above key resistance levels and Ethereum gains more strength, it's too early to declare the start of a bull market. The next few weeks will be pivotal—watch for consistent volume, favorable news developments, and broad market movement before making bold moves.