📈 The market experienced a strong rebound of over 6% in the last 24 hours, due to the interaction of these key factors:
1️⃣ Positive news about interest rates
Expectations for interest rate cuts from the Federal Reserve have sparked optimism among investors, driving high-risk assets like cryptocurrencies to rise.
2️⃣ Increased interest in Bitcoin ETF funds
Bitcoin ETF funds saw strong inflows, with new investments reaching approximately $150 million, positively impacting the prices of BTC and Altcoins.
3️⃣ Liquidation of losing positions
After a series of corrections, many traders closed short positions, leading to a new wave of buying.
4️⃣ Easing geopolitical tensions
The alleviation of concerns following positive developments in international relations contributed to increased confidence in the markets, driving investors towards riskier assets.
🔍 Summary:
Expectations for interest rate cuts support the market, positive inflows from ETF funds boost prices, and the liquidation of short positions opens the way for further rises. These moments are considered opportunities for traders with clear strategies.
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