As Asian stock markets rebounded, BTC also showed signs of life. Buyers stepped in below $80,000, and the market was willing to take on a little more risk. Put simply, this rally is being supported by a recovery in risk appetite. The current price is $81,996.5, up 2.25% in 24 hours 📈. Deutsche Bank is preparing to offer crypto custody in Germany and is targeting Asia, while Circle plans to expand into 40 markets—both have added a little warmth to the crypto market. However, $82,900.5 remains resistance, and $80,066.2 is near-term support, not an unbreakable floor. To be honest, good news is good news, but the trend ahead is still unclear, and it’s not yet clear whether the news and price action are aligned. For now, I’ll wait and see rather than bet on a direction.
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