The long-dormant cryptocurrency market seems to have welcomed a gentle spring breeze recently, quietly rippling with signs of rebound. Bitcoin was the first to show movement, with its price curve slightly lifting after months of decline. The previously relentless downward trend has been interrupted by a few small upward waves, as if a sleeping giant is gradually awakening and shaking off its slumber.
Ethereum closely follows, with trading volume starting to steadily rise, and inflows of funds significantly exceeding outflows over the past few days. This not only injects a dose of adrenaline into holders but also attracts the attention of off-market funds. Those keen investors and small funds have already begun to reposition themselves, changing from a previously cautious stance.
On the technical indicators front, the MACD indicator has shown a golden cross in the trends of some cryptocurrencies. This classic reversal signal seems to be the market's signal light, indicating that buying strength is quietly building up. The number of new retail investors entering the market is also on the rise, and discussions related to this topic on social media are heating up. Novices, full of aspirations and curiosity, are cautiously trying to enter the market under the half-believing experiences shared by seasoned players, adding fresh fuel to the market.
However, the cryptocurrency market has always been full of twists and turns. Whether the current signs of rebound are the dawn breaking or a fleeting moment of brightness still needs to be judged by time. While participants hold onto hope, they are also on edge, preparing to face the unknown changes of the next moment.
