🤨 BTC bounced back, but the market does not believe in a reversal〽️
Let's talk about what everyone is thinking and saying. What to expect next?
Bitcoin and altcoins showed growth after a severe sell-off.
BTC showed +4.2% in 24 hours and the price returned above 78,000 after a wave of liquidations.
But here is the important "but" 🤷♂️
What are the thoughts in the crypto community right now?
🔹️Technical bounce. After mass liquidations, the market often rebounds - this is normal mechanics, not a trend change.
🔹️There are no fundamental drivers. So far, we do not see strong ETF inflows, and there are also no signals of a quick easing of the Fed's policy, no positive macro indicators for further growth.
🔹️At this moment, all we have is a strong dollar, tight financial conditions, and nervous headlines, with a weak appetite for risk in the community.
🔹️Technically, BTC is below key moving averages, momentum is weak, and volumes are not convincing.
💡 The current growth is nothing more than a relief after pain, not the beginning of a new uptrend. The market remains fragile; any negative headline can easily break this bounce.
💬 The model where the price rises a bit but traders' confidence is low 🤷♂️
#BinanceSquare #BinanceBitcoinSAFUFund #BTC $BTC
