#MarketRebound
Today, global markets are showing a powerful rebound after recent declines: the S&P 500 ETF (SPY) is trading around $599.7, closely approaching recent highs. In crypto, Bitcoin is nearing $108K, fueled by the activity of large long positions (20× longs — see whale trade), and is preparing for a possible breakout of ATH in the next 1–2 weeks.
📊 What have been the drivers?
Statements from the US and China about reducing trade tensions have increased risk appetite — stock and crypto markets responded with growth.
The technical picture in Bitcoin according to RSI/MACD shows ghostly strength — plus altcoins are coming back to life, capital is returning.
Analysts are expressing cautious optimism: the rebound might continue, but sustainability is in question — a temporary correction is possible.
🔍 For traders, this means:
1. The rebound is a chance to enter on a retest.
2. Move your stop-loss under the nearest technical levels.
3. Keep an eye on the news — if trade negotiations intensify, there may be a continuation of growth.
4. If the rebound is weak — this is a warning, a fake "dead cat bounce" is possible.
In summary: on one hand — short-term optimism and profits from risk, on the other — high volatility and risk of correction.