Bitcoin attempted to bounce back near the convergence zone.
This was a phenomenon that occurred as the Coinbase premium surged.
This can be interpreted as a situation where it joined the stock market rally that relieved anxiety due to the CPI announcement.
Now that it is gradually running towards the end of the convergence zone, the possibility of showing direction is increasing.
Positive news continues to come out in the cryptocurrency market.
Recently, due to the sharp rise and fall, the number of open interest has been cleared a lot, and the stablecoin market cap has surpassed the all-time high of $200 billion.