The recent performance of the Bitcoin market is noteworthy! Trader Skew holds a cautiously optimistic view on the current rebound trend, believing that the market seems to lean bullish 📈. He pointed out that the Bitcoin price has risen from $68,000 to $108,000, and the relative strength index (RSI) on the 4-hour chart shows a clear bullish divergence.

Meanwhile, Keith Alan, co-founder of Material Indicators, stated that the Bitcoin price is currently sandwiched between the 21-day SMA (approximately $99,600) and the 50-day SMA (approximately $94,650), with the support level above the 21-day SMA being particularly critical.

Crypto investor Satoshi Stacker believes that due to the closure of the U.S. traditional financial market for holidays, the Bitcoin market may temporarily alleviate selling pressure. Overall, market sentiment is neutral, and investors need to observe cautiously 📊.