The crypto market is showing strong signs of recovery today as Bitcoin ( $BTC ) and altcoins bounce back from recent lows. Here are the key factors behind the rebound:
🔹 Macro Tailwind → Softer U.S. inflation data boosted expectations of a Fed rate cut, sparking fresh optimism.
🔹 BTC Technical Support → Bitcoin successfully defended the $107K support (21 EMA weekly), closing bullish and regaining market confidence.
🔹 Altcoin Momentum → Tokens like $ONDO, $SOL, and $WLD are leading gains, showing stronger relative performance than BTC & ETH.
🔹 Institutional Flow → Capital inflows into ETFs and corporate accumulation are adding demand pressure.
📊 If BTC holds above $107K, analysts see potential targets around $117K–$120K. Meanwhile, signs of an early alt-season are emerging as whales and retail join the rebound.
⚠️ Risks remain high: stronger inflation prints, BTC dominance, and market volatility could still trigger short-term pullbacks.
🚀 Outlook: With supportive macro, institutional interest, and altcoin strength, Q3 could surprise to the upside if momentum holds.
Not Financial Advice (NFA). Do Your Own Research (DYOR).