Over the past 24 hours, we saw continued growth in $BTC , but most of the activity was in altcoins, according to Santiment.
The situation currently appears ambiguous, as the main asset's dynamics are quite weak and occurring on relatively low volumes.
Locally, everything points to an imminent reversal:
1) Selling pressure on $BTC is easing, and there are the first signs of a reversal. Selling volumes are declining, which is a good sign of market recovery.
2) Analysts are noting a strong surge in capitulation among short-term $BTC holders; such surges usually herald a short-term market bottom.
3) Rumors have resurfaced about the imminent creation of a strategic reserve in BTC and the signing of a corresponding document by Trump.
For now, we are cautiously optimistic. This doesn't mean there won't be another round of correction, but signs of an end are already appearing.
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📊 The market continues to rise slightly.
Over the past 24 hours, we saw continued growth in $BTC , but most of the activity was in altcoins, according to Santiment.
The situation currently appears ambiguous, as the main asset's dynamics are quite weak and occurring on relatively low volumes.
Locally, everything points to an imminent reversal:
1) Selling pressure on $BTC is easing, and there are the first signs of a reversal. Selling volumes are declining, which is a good sign of market recovery.
2) Analysts are noting a strong surge in capitulation among short-term $BTC holders; such surges usually herald a short-term market bottom.
3) Rumors have resurfaced about the imminent creation of a strategic reserve in BTC and the signing of a corresponding document by Trump.
For now, we are cautiously optimistic. This doesn't mean there won't be another round of correction, but signs of an end are already appearing.