#MarketRebound Crypto Comeback: Bitcoin & Alts Lead Market Rebound

‎Crypto markets surged on a wave of renewed risk appetite – total cap jumped about $85B in a single day to roughly $3.6T. Bitcoin climbed ~3% (from ~$112K to ~$114.5K), and Ethereum topped $3.5K. Large-cap altcoins joined the rally: XRP, ADA and DOGE each rallied ~4–5%, while smaller tokens like XLM and HBAR spiked ~10% in 24h.

‎Market Momentum & Drivers

‎The bounce is being fueled by institutional flows and positive catalysts. On-chain data shows a whale accumulating roughly 300 BTC/day buying the dip. Several firms (e.g. SharpLink, MicroStrategy) are boosting crypto treasuries; notably, SharpLink Gaming expanded a $6B stock sale to acquire more ETH. Regulatory clarity is improving sentiment: the U.S. SEC’s new “Project Crypto” initiative (for market tokenization) and recent pro-crypto legislation (e.g. GENIUS Act) have traders bullish.

‎‎Macro tailwinds add to the upside. Traders are eyeing the end of Trump’s 90-day tariff truce on Aug 12 and mid-month U.S. CPI/PPI data; a benign inflation print could spark another leg up. Softer trade tensions and a weakening dollar have lifted the hedge appeal of Bitcoin, and CME FedWatch shows ~80% odds of a Fed rate cut by September. All told, the mix of institutional demand, regulatory news and looming macro catalysts is keeping market momentum firmly upward.

‎Key Levels & Signals

‎‎Bitcoin ($BTC ):

‎Cleared near-term resistance; now carving support ~$112–113K. A decisive breakout above $120K (recent ATH) would open a new bullish leg.

‎‎Ethereum ($ETH):

‎Holding the $3.5K zone after reclaiming it. The next major hurdle is around $4,000 (a prior high) – a close above would confirm bullish momentum.

‎‎Altcoins:

‎Large alts have already caught up ($XRP , $ADA, $DOGE ∼+4–5%), and others like $SOL/$AVAX are following as ETH dominance ticks up. Watch for continuation if ETH/BTC ratio keeps rising.

‎‎Volume & Sentiment:

‎The recent pump came on subdued weekend volume (~$131B, 12% below average), so look for higher-volume confirmation. Crypto’s Fear & Greed index sits in neutral territory – a measured pullback could firm up confidence.

‎Traders:

‎Mark those zones and stay alert to upcoming catalysts (inflation data, Jackson Hole, etc.). Plan entries around supports and lock in gains at resistance. Manage risk on spikes – this rebound has legs, but key levels and macro events will determine the next big move. Trade smart!

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