#ReboundRally
The support at $92k held strong, forming a double bottom, which led to a rebound up to $99.5k, as anticipated in my previous post.
After reclaiming $96.5k, this level has not yet been retested. However, BTC has also failed to break through $99.5k. Only a breakout above this level could pave the way for higher highs in the short term. In the long term, I still expect a more significant pullback.
The Fear and Greed Index has risen to 64.
On the 15-minute time frame, the MACD and RSI remain positive, indicating a potential minor upward movement.
Market capitalization data shows funds are starting to flow back in (see the attached screenshot).
$BTC remains dominant, holding 57% of the market share. As a result, altcoins are underperforming once again.
This is not financial advice—always do your own research (DYOR).
Feel free to share your thoughts, insights, and research in the comments so we can grow together.
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