#MarketRebound
refers to a significant rebound in financial and cryptocurrency markets after a downturn. Currently, we are witnessing a bounce in the cryptocurrency market, driven by several factors:
*Key factors of the rebound:*
- *Pro-crypto policies in the U.S.*: The re-election of Donald Trump and the appointment of Paul Atkins as SEC chairman have generated optimism in the market.
- *Institutional adoption and ETFs*: The approval of spot Bitcoin ETFs has facilitated the entry of institutional investors.
- *Agreements between the U.S. and Japan*: Investors expect an agreement between both countries to stabilize the market and reduce uncertainty.
*Cryptocurrencies on the rise:*
- *Ethereum (ETH)*: Has risen nearly 15% in 24 hours, surpassing $1,800 and showing a strong rebound.
- *Bitcoin (BTC)*: Remains above $93,000, with a significant increase in its value.
*Technical analysis:*
- *Bullish indicators*: Bitcoin's MACD has given a buy signal, and Ethereum's monthly RSI has reached oversold levels, suggesting a possible increase in prices ¹.