#marketrebound Narrative
Why is the Market Bouncing Today?
After a rocky start to the week, we are finally seeing green across the boards! While the macro environment remains shaky, $BTC is holding the line at $68,000, and mid-cap altcoins are leading a relief rally.
Why the sudden pump?
Short Squeeze: Over $220M in leveraged shorts were liquidated in the last 24 hours, forcing buy-backs and driving prices higher.
Institutional Buying: Rumors of sovereign wealth funds entering the "buy the dip" zone are circulating, especially as Bitcoin’s distance-from-trend reaches historical extremes.
Rotation: Capital is flowing back from stablecoins into utility assets like SEI, TAO, and RPL.
The Big Question: Is this a genuine trend reversal or just a "dead cat bounce" before another leg down?
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