$BTC - Is the market in the phase of recovery yet? | August 6 Update

After the positive statements from the Fed, the stock market and #Bitcoin (+13%) have shown strong signs of recovery, pulling the broader market along 😘 We are also awaiting positive news on the #BitcoinETFs! especially from BlackRock. 🍷

What trends are likely to lead the recovery for traders' portfolios? 🙂

1. Top gainers: $NEIRO, $ANDY, $BITCOIN, $PEIPEI, $BRETT (on Base), $MIGGLES, $SATS --> The meme coin trend is leading, followed by the #Ethereum, also keep an eye on the #Base. 🥰

2. $TAO - Strong accumulation by Smart money despite the token already rising 49% from yesterday's bottom, monitor TAO closely here $STORJ also surged over 50% ➡️ AI and DeFi-related trends.

3. Crypto50 - Top 50 tokens by market cap, with standouts like $AAVE, $MKR, $MNT, $SOL, $LINK. 😏

#MarketDownturn