Volatility has finally arrived. After a period of silence in the crypto world, the market has shown a significant rebound in the past two days—BTC broke through a nearly two-month high yesterday, and ETH also increased by 7%, with a good momentum.
However, to be clear, this upward movement is a rebound, not a reversal, so don't overthink it. In the short term, look towards the 100,000 range.
Interestingly, privacy coins are moving particularly strongly. After XMR led the rally, DASH, ZEN, ARRR, and DOLO all followed suit, showing clear energy in the sector. Additionally, coins related to the World Cup concept like CHZ also started their rally early, indicating that market hotspots are rotating.
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Volatility has finally arrived. After a period of silence in the crypto world, the market has shown a significant rebound in the past two days—BTC broke through a nearly two-month high yesterday, and ETH also increased by 7%, with a good momentum.
However, to be clear, this upward movement is a rebound, not a reversal, so don't overthink it. In the short term, look towards the 100,000 range.
Interestingly, privacy coins are moving particularly strongly. After XMR led the rally, DASH, ZEN, ARRR, and DOLO all followed suit, showing clear energy in the sector. Additionally, coins related to the World Cup concept like CHZ also started their rally early, indicating that market hotspots are rotating.