#加密市场反弹 The market is experiencing a prolonged rebound that violates expectations, with key resistance levels facing a test! 🚀
Major cryptocurrencies are generally rising. Bitcoin (BTC) has increased approximately [X]% in the last 24 hours, currently priced at [Y] dollars; Ethereum (ETH) has risen about [Z]%, currently priced at [W] dollars.
Points to observe in this rebound:
· Changes in macro expectations: The market's expectations for the Federal Reserve [for example: interest rate cuts] may be one of the main driving forces.
· Technical recovery: After a continuous decline, there exists a technical demand for a rebound due to excessive selling.
· Capital and sentiment: Attention should be paid to whether the rebound is accompanied by a significant increase in trading volume, and whether the market's "fear and greed index" has moved away from the extreme fear zone.
Key positions: Strong resistance above BTC is located near [for example: $92,000], and if it can break through with volume, the rebound space is expected to open; below [for example: $88,000] is an important support level that needs to be maintained.
In summary: Is this rebound a technical recovery within a downtrend, or the starting point of a new market cycle? It remains to be seen whether it can effectively break through key resistance and receive continued support from the fundamentals.
What is your view on the sustainability of this rebound?
