#MarketRebound 👀 Cryptocurrency Market Overview.

〽️ The market is gradually recovering. Currently, there is widespread FUD from new retail investors who have entered the market in the last couple of months. Historically, when retail investors start to panic sell, whales buy back and create a rebound.

🪙 BTC is trading around — $93,946

🔷 ETH is fluctuating around — $3,396

📈 The biggest growth over the past day was shown by — VIRTUAL +22.22%

📉 The largest decline was shown by — FTM -6.64%

📊 Indicators:

😨 Fear and Greed Index — 73

💲 Altseason Index — 51

📈 Long/Short Ratio — 51/49

💰 Cryptocurrency Market Capitalization — $3.22 trillion.

👑 Bitcoin Dominance — 57.69%

😇 Apollo Global Management claims that the Fed may start raising interest rates in 2025, with a probability of 40%.

🔮 Forecast:

We are hovering around the MA100, which is keeping the price from further dumping. Now, in the run-up to the holidays, all the action with Bitcoin may quiet down. However, altcoins may show upward movement if Bitcoin remains in a sideways trend and its dominance continues to decline.