#MarketRebound
The recent rise in the crypto market is indeed intriguing! Bitcoin's increase to $93K and Ethereum's rise to $1,700 have sparked optimism, driven by factors such as easing US-China trade tensions and renewed institutional interest. Altcoins have also risen, with significant gains across the board.
However, analysts warn that Bitcoin may face resistance around the $95K-$97K range, which could challenge the sustainability of this rally. Whether this is the beginning of a larger breakout or just a relief rally depends on how the market navigates these obstacles.