Recently, the crypto assets market has shown some interesting changes. From a technical perspective, Bitcoin's trend is characterized by a faster fall than rise, which is typically interpreted as a strong signal of short positions. However, since yesterday afternoon, signs of a rebound have appeared in the market.



This rebound seems to be related to some external factors. A well-known figure stated that he expects the relationship with China to improve, and this remark appears to have positively influenced market sentiment. The U.S. stock market subsequently rose in pre-market trading, and Bitcoin and Ethereum began to rebound after hitting support levels.

From a short-term perspective, the market seems to have formed a bottom-up trend, which provides a certain basis for a short-term Rebound. However, to determine whether it is truly strengthening, we need to observe whether it can break through the downward trend line. Only by breaking through this key position is it possible to see a substantial reversal.

From the perspective of market participants, long positions are gradually entering the market, but it is worth noting that short positions are also continuously increasing. This tug-of-war between long and short forces may lead the market to primarily experience fluctuations in the short term.

Considering that market liquidity is usually low during the weekend, the market is expected to feature mainly oscillation and consolidation. Investors need to pay close attention to various market indicators and changes in external factors when making decisions, as well as important events that may affect market direction, such as the Federal Reserve's policy trends.

Overall, although there have been some positive signals in the market, it is still too early to determine whether a true reversal has occurred. Investors should remain cautious and pay attention to the breakthroughs at key technical levels, as well as changes in the macroeconomic environment.
BTC0.11%
ETH0.37%
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