📊Market Update: BTC Rebounds to $79K—Is the Bottom In?
After a volatile weekend that saw Bitcoin dip briefly below $75,000, the market is showing signs of a relief rally today. BTC has climbed back above the $79,000 mark, up nearly 2% in the last 24 hours.
Key Highlights:
Support Holding: The $75k level acted as a strong "definitive support" zone.
Whale Activity: On-chain data suggests large-scale investors (Whales) are "buying the dip" while retail sentiment remains in the "Extreme Fear" zone (Index at 15).
Altcoin Pulse: Ethereum (ETH) is recovering toward $2,350, while XRP and CYBER are leading today's gainers.
The big question: Can we reclaim the $80,000 resistance today? Watch the volume closely! 🚀