#MarketRebound
Bitcoin Reclaims Momentum & Key Levels to Watch
The crypto market is flashing green as Bitcoin (BTC) makes a powerful move, fueled by cooling U.S. inflation data and positive regulatory progress with the CLARITY Act. Sentiment is shifting rapidly toward the "Bullish" side as the total crypto market cap pushes toward the $3.25T mark.
📊 Key Market Highlights:
Bitcoin (BTC): Currently reclaiming the $95K+ zone. While some traders are eyeing the short-term resistance at $72,000 for a confirmed breakout, the overall trend is picking up significant steam this weekend.
Ethereum (ETH): Holding steady above $3.3K, despite minor daily fluctuations, maintaining its position as the bedrock for altcoin sentiment.
Binance Coin (BNB): Trading around $628.85, showing steady strength as the ecosystem continues to expand.
🔍 Technical Overview & Sentiment
The primary driver for this rebound appears to be Macro-Economic factors. The drop in inflation provides a "risk-on" environment, allowing institutional and retail investors to move back into digital assets.
Trader’s Note: Keep a close eye on the $72,000 level for BTC. A clean break and hold above this price could trigger a massive "short squeeze" and lead to a run toward new psychological highs.