#MarketRebound #MarketRebound

The crypto market rebound, with Bitcoin near $110K (just 2% below its all-time high) and Ethereum reclaiming $2,600, shows bullish momentum but faces critical tests. Here’s the breakdown:

Factors Supporting a Breakout:

- Bitcoin Strength: Holding above $100K support after flushing $1.9B in leverage . Spot ETF inflows (e.g., $936M on April 22) signal institutional confidence .

- Altcoin Season: 47 of 56 altcoins outpaced Bitcoin recently, with tokens like SUI (+4.5%) and HYPE (+7%) leading .

- Macro Catalysts: U.S.-China trade talks and upcoming CPI data could fuel momentum if positive .

Risks Suggesting a Relief Rally

- Ethereum Resistance: Repeatedly fails to hold above $2,700 (tested 3x in 30 days), indicating sell pressure .

- Technical Warnings: Bitcoin forms "lower highs" on 4-hour charts; a break below $100.8K could trigger an 8% correction to $93K .