Recent rebounds across major assets show the market is not dead, but the psychology driving this rally is still fractured.
Bitcoin is recovering around the $78k–$79k range as buyers defend key support after a broad correction from late 2025. Meanwhile, nearly every top 100 coin has seen gains, yet the market overall remains in extreme fear territory according to sentiment indicators. This combination tells us the bounce is reactive rather than driven by deep conviction. What matters now is not the upside move, but whether belief spreads beyond relief to real trend formation