$BTC and $ETH have made a strong rebound, with BTC moving toward $87K and ETH breaking above $2,800.
From an observer’s perspective, the interesting part is what’s underneath the move. Falling oil prices and Treasury yields helped improve risk sentiment, while short covering added momentum.
The next thing worth watching is whether fresh spot demand can keep supporting BTC and ETH once the forced buying from the squeeze fades on BingX.
#BTC #ETH
From an observer’s perspective, the interesting part is what’s underneath the move. Falling oil prices and Treasury yields helped improve risk sentiment, while short covering added momentum.
The next thing worth watching is whether fresh spot demand can keep supporting BTC and ETH once the forced buying from the squeeze fades on BingX.
#BTC #ETH
