#CryptoMarketBouncesBack That surge definitely has the "green candle" dopamine hitting hard, doesn't it?
Seeing Bitcoin jump to $71,113.6 (+6.0%) and Ethereum reclaim $2,070.22 (+5.32%) is a massive relief, especially after the recent geopolitical tension.
Here is the breakdown of whether this is a true trend reversal and how you should play your hand tonight.
1. Is this the start of a new trend?
It’s a "Short Squeeze" relief rally, but not yet a confirmed bull trend.
While the price action is aggressive, we are currently seeing a classic short squeeze. Deeply negative funding rates (caused