Let’s briefly talk about today. The market saw a rare rebound. Although the strength of the rebound isn’t significant and it’s not enough to reverse the trend, it still helps to stop the recent sharp decline and boost market confidence. In fact, the price movement hasn’t fully found a bottom yet, so every rebound is important. Yesterday’s prices—$80,000 for Bitcoin and $2,600 for Ethereum—do have a certain probability of becoming bottom support. Of course, the real test will come tomorrow, especially when the US stock market opens in the evening.
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Let’s briefly talk about today. The market saw a rare rebound. Although the strength of the rebound isn’t significant and it’s not enough to reverse the trend, it still helps to stop the recent sharp decline and boost market confidence. In fact, the price movement hasn’t fully found a bottom yet, so every rebound is important. Yesterday’s prices—$80,000 for Bitcoin and $2,600 for Ethereum—do have a certain probability of becoming bottom support. Of course, the real test will come tomorrow, especially when the US stock market opens in the evening.