According to Odaily Planet Daily, Matrixport published an article on X stating that Bitcoin has broken the downward trend.
On June 25, Bitcoin reached the “lowest possible level” in the Matrixport Greed and Fear Index, a level that is often associated with a price recovery. On June 26, Matrixport noted that Bitcoin was oversold; then last weekend, Bitcoin broke its short-term downtrend. Although there are still resistances to a continued rebound, from a technical perspective, the rebound has already occurred.
