#MarketRebound Hello community! 👋
After weeks of high volatility and mixed sentiment, the cryptocurrency market is showing clear signs of recovery:
Bitcoin (BTC) has surged above $93,000,
Ethereum (ETH) has regained ground and is trading around $1,700,
And most altcoins are in the green, with daily movements of +5% to +20% in various layer 1 projects and DeFi tokens.
🔍 What is driving this rally?
1. Return of institutional interest:
Investment funds, ETFs, and banking entities have increased their exposure to BTC, especially after greater regulatory clarity.
2. Technological advancements:
The development of Web3, the expansion of L2 such as Optimism, and new DeFi solutions are gaining traction.
3. Positive sentiment in the media:
A shift in public narrative has encouraged the return of retail traders.
⚠️ Rally or cycle change?
Although many celebrate this movement as the start of a new bullish phase, some technical analysts warn that we may be facing a relief rally, typical in bearish intermediate phases. There is still resistance in key areas, and it is important not to trade solely based on emotion.
🧠 My advice: analyze the context, adjust your strategy, and never forget to manage risk.
💬 What do you think? Are we facing a major breakout or is it just a pause in the storm?