#ReboundRally Do you see the green color dominating the market? Don't you know why the market is recovering? Here are the details of what is happening now ♕

Do you understand what is happening now!!!!

And what does this mean for investors????

It is (Santa Claus)

It is a seasonal trend for the market where prices historically rise in the last week of December,

And as we approach the end of 2024, crypto investors are wondering if this rally has already faded or if it still has the potential to push the markets higher.

Current Market Overview

Bitcoin [BTC], the market leader, is currently trading at around $95.00, reflecting an increase of less than 1% in the past 24 hours.

Ethereum [ETH$] follows suit with an increase of less than 1%, at a price of around $3,291. Solana [SOL] and Binance Coin [BNB] are also showing slight gains, with the total crypto market cap hovering near $3.5 trillion.

Despite the slight pullback, trading volumes remain strong. Bitcoin’s dominance, now at 55.08%, confirms its pivotal role during this seasonal period.

Furthermore, the Fear and Greed Index, currently at 70 (Greed), indicates that market sentiment remains bullish, albeit cautiously.

Has Santa Claus’s March Lost Steam?