#MarketRebound
Refers to a significant rebound in financial and cryptocurrency markets after a decline. Currently, we are witnessing a bounce in the cryptocurrency market, driven by several factors:
*Key factors of the rebound:*
- *Pro-crypto policies in the U.S.*: The reelection of Donald Trump and the appointment of Paul Atkins as SEC chair have generated optimism in the market.
- *Institutional adoption and ETFs*: The approval of spot Bitcoin ETFs has facilitated the entry of institutional investors.
- *Agreements between the U.S. and Japan*: Investors expect that an agreement between both countries will stabilize the market and reduce uncertainty.
*Cryptocurrencies on the rise:*
- *Ethereum (ETH)*: It has risen nearly 15% in 24 hours, surpassing $1,800 and showing a strong rebound.
- *Bitcoin (BTC)*: It remains above $93,000, with a significant increase in its value.
*Technical analysis:*
- *Bullish indicators*: Bitcoin's MACD has given a buy signal, and Ethereum's monthly RSI has reached oversold levels, suggesting a possible increase in prices.
