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Andy-加密不落客
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Today, Bitcoin and Ethereum experience a strong rebound, mainly driven by technical support and improved macro sentiment.
Bitcoin rose from below $64,000 this morning to a peak of $66,306, while Ethereum recovered the $1,900 mark, reaching a high of $1,926.
Analysis of the rebound reasons:
1. Technical buying support: Bitcoin has tested the $63,000-$64,000 range multiple times without effectively breaking down, forming a short-term bottom structure, and the rebound accompanied by increased trading volume indicates that funds are entering the market; Ethereum successfully held the key support at $1,840.
2. External market assistance: The US tech stocks rebounded (NASDAQ rose 1.1%), and Asian stock markets fully warmed up, driving funds from safe-haven assets back to risk markets. The market expects an increased possibility of the Federal Reserve cutting interest rates in April, which also provides liquidity support.
Analysis of the rebound reasons:
1. Technical buying support: Bitcoin has tested the $63,000-$64,000 range multiple times without effectively breaking down, forming a short-term bottom structure, and the rebound accompanied by increased trading volume indicates that funds are entering the market; Ethereum successfully held the key support at $1,840.
2. External market assistance: The US tech stocks rebounded (NASDAQ rose 1.1%), and Asian stock markets fully warmed up, driving funds from safe-haven assets back to risk markets. The market expects an increased possibility of the Federal Reserve cutting interest rates in April, which also provides liquidity support.