Last night, after a seemingly calm chime, the crypto world was once again violently awakened.
If you are still scrolling through liquidation screenshots and staring at the red and green candlestick charts—it's advisable to put down your phone and seriously look at these two major news stories that occurred in the past 24 hours, as they may reshape the landscape for the next 3–6 months.
🔥 The first blow — Bitcoin rebounded strongly, once breaking through $93,000.
• After several days of significant sell-offs and panic cleansing, Bitcoin welcomed a fierce counterattack yesterday. While the market was generally pessimistic, it quietly rebounded from around $84,000, briefly standing above the $93,000 mark.
• Not only Bitcoin is rising — mainstream assets are also being driven, with Cardano, Solana, XRP, and other Altcoins making moves simultaneously.
• What drives this round of increase is not just the short-term sentiment recovery of funds, but also the push of macro expectations — the market's warming up to the upcoming interest rate cuts gives risk assets another 'breathing opportunity'.
In other words: this round of increase may not be an ordinary rebound, but a 'structural rebound' under the accumulation of 'liquidity & capital sentiment + technical support'.
🛠 The second knife — Ethereum mainnet 'Fusaka upgrade' officially launched: the era of on-chain infrastructure has begun
Just as Bitcoin's market fluctuates, Ethereum also completed a key upgrade at midnight — Fusaka. The mainnet block slot 13,164,544 has become a historical node.
The core of this upgrade is not speculation or hype, but real 'improvements in throughput & infrastructure expansion'.
• After the upgrade, Ethereum will be able to better support large-scale transaction flows from multiple Layer-2/Roll-up.
• For the entire ETH ecosystem, DeFi, bridging, Layer-2 expansion, and USD stablecoin inflow — it is a bottom-line benefit.
While most people are still focused on price fluctuations, this 'chain reform' message is actually more like a 'ticket to the future': those who can truly play long-term and seize the next round of capital inflow and ecosystem expansion may benefit the most in this round.
👀 Why these two pieces of news will become key factors affecting market trends in the coming weeks/months
Perspective Significance
Capital flow + market sentiment restart This rebound shows that the current market still has sufficient liquidity and room for capital inflow — it is not completely frozen. If the macro environment continues to favor easing (interest rate cut expectations, capital entry), this 'bottom rebound + sentiment repair' may continue.
Infrastructure + long-term logic reconstruction The Fusaka upgrade means that the ETH ecosystem welcomes a new foundation, and in the future, Layer-2, DeFi, bridging, and stablecoin liquidity may surge. For long-term holders, project participants, and institutional layout planners, this is a more important basis than short-term price fluctuations.
Risk reshaping — the boundary between bear and bull is blurred On-chain indicators are not consistent, with some analyses pointing out that multiple on-chain indicators for Bitcoin are weak. Without macro liquidity support, it may enter a bear market cycle. This means that the current rebound may just be a test of the 'hypothetical bull market' — future liquidity & fundamentals need to truly cooperate.
In short: this is not an ordinary 'rebound'; it may be a structural test at the boundary of bull and bear.
📌 If you are still observing/looking to lay out — I suggest you do this
1. Short-term traders: If you frequently make swings and have a habit of shorting/going long, pay attention to the risks — although the rebound is fierce, on-chain data & some market sentiment still hold worries. Don't treat this wave as an opportunity to 'make steady profits'.
2. Medium to long-term holders/value players: The Fusaka upgrade provides a new foundation for the ETH ecosystem. Whether directly holding ETH or focusing on Layer-2/DeFi, it is recommended to pay attention to the changes in liquidity & capital flows after the chain reform.
If you've recently felt the market is chaotic and cryptocurrency prices are falling, it might be wise to pause and seriously remember the above two points:
This rebound of Bitcoin may just be a restart; the Fusaka upgrade of Ethereum may be the real starting point for the next bull market.
In the coming weeks, the crypto space will not just be filled with smoke signals — there will be liquidity warming up, capital layout restarting, and also ecosystem expansion, project re-evaluation, and stablecoins clustering.
If you are still bearish, it might be a good idea to calm down and understand this 'structural opportunity';
If you are ready to take action, you need to distinguish between the 'short-term' noise and the 'mid-term' trend.
Wishing that in this round of turmoil, there are fewer missteps and more opportunities seized.$BTC
