Just noticed that Bitcoin has rebounded from the initial decline and has now broken through the $74.5K area. It dipped yesterday but the support level still remains strong, and now it's crawling back up to the level $70K which was the focus yesterday. From a technical analysis perspective, this price action indicates that buyers are still active in the market.

Interestingly, Bernstein analysts just reaffirmed their target at $150K for Bitcoin. So from a fundamental point of view, they remain bullish in the long term despite this short-term volatility. This is a positive signal if the market still has long-term confidence.

Of course, there's a disclaimer that the crypto market is very volatile and what goes up can also come down quickly. But at least the current momentum looks healthier compared to a few days ago. Worth watching to see if it can hold this level or retest support again.