Evening recap! BTC holds steady at 63K, ETH rebounds over 5%.
Hey fam, what a rollercoaster today being Monday! The morning saw BTC surge from 61.5k to over 63100, then it oscillated at high levels all day, closing firm at 63k without dropping back. ETH was even more impressive, jumping from 1.59k straight to around 1.66k-1.67k, with a 24-hour gain of over 5%. Altcoins are finally catching a breather.
For tonight's recap, just one line:
The oversold rebound strength exceeded expectations, and there's clear accumulation happening, but the resistance at 64k above 63k is still there. ETF outflows and macro risks haven’t completely subsided, so short-term trading is still primarily driven by sentiment. Chasing highs now could easily lead to getting cut.
Hey fam, what a rollercoaster today being Monday! The morning saw BTC surge from 61.5k to over 63100, then it oscillated at high levels all day, closing firm at 63k without dropping back. ETH was even more impressive, jumping from 1.59k straight to around 1.66k-1.67k, with a 24-hour gain of over 5%. Altcoins are finally catching a breather.
For tonight's recap, just one line:
The oversold rebound strength exceeded expectations, and there's clear accumulation happening, but the resistance at 64k above 63k is still there. ETF outflows and macro risks haven’t completely subsided, so short-term trading is still primarily driven by sentiment. Chasing highs now could easily lead to getting cut.