In the past two days, the market for Bitcoin has shown a rebound and upward volatility, oscillating around 83500-84000 for two days. After breaking through yesterday, it followed the rebound of the US stock market last night, reaching a high of around 89000.
Additionally, MicroStrategy increased its holdings of Bitcoin by 600 million dollars in the past week, giving the market a breather. Exchanges are accelerating the listing of VC tokens, the US stock market rebounded significantly, and the US plans to narrow the range of tariffs. These several favorable factors combined prompted Bitcoin to rise by several thousand points within two days.
After this wave of increase, it is likely reaching a short-term peak. It will fall back to where it started from, roughly to 84000-85000, before making further arrangements.
Altcoin Market: The public chain SOL has rebounded significantly, with market maker Jump making a comeback. Recently, there is an OTC need to offload. On the SOL chain, AI projects like ARC, ALCH, and BUZZ have seen slight rebounds. Remember to take profits when earned, as altcoins are quite volatile, and avoid giving back profits.
The public chain BERA is rising, launching a reward mechanism for POL liquidity proof, with mining yields as high as 200%. BERA is an EVM-compatible DeFi public chain. A few days ago, I bought it around 7U, thinking it would break through that day, but it unexpectedly fell before taking off again. Currently, it is still in a state of floating profit.
Other altcoins are generally in a state of oversold rebounds; indeed, they have fallen too much. Currently, the rebound is still of little use…
