A lot of people were expecting crypto to dump this week. Instead, the market surprised everyone with a solid bounce.
$BTC held the $75K level, bounced around 7% from the low and is back above $80K.
$ETH defended $2,350, gained about 10% from the low and climbed back above $2,550.
ALTs also made a strong comeback, up 17% from the recent low and back above $225B.
The total crypto market cap held $2.5T and recovered around $200B.
What matters most is that the key support levels survived despite all the pressure.
Now BTC needs to close the week above the 50W MA around $78,760 and break $83K. ETH needs to stay above $2,600.
For now, it’s a strong bounce. We still need more confirmation before calling it a new bull trend.
$BTC held the $75K level, bounced around 7% from the low and is back above $80K.
$ETH defended $2,350, gained about 10% from the low and climbed back above $2,550.
ALTs also made a strong comeback, up 17% from the recent low and back above $225B.
The total crypto market cap held $2.5T and recovered around $200B.
What matters most is that the key support levels survived despite all the pressure.
Now BTC needs to close the week above the 50W MA around $78,760 and break $83K. ETH needs to stay above $2,600.
For now, it’s a strong bounce. We still need more confirmation before calling it a new bull trend.
