The geopolitical events over the weekend directly caused a sell-off, with Bitcoin briefly dropping below 64k, but then rebounded strongly on Sunday. I looked at the market, and BTC rebounded to 66,843, with a nearly 5% increase over 24 hours, and most major coins surged, with Solana performing the best, jumping 10.8% to 86.42. Ether also followed suit, rising 7.5% to approach $2,000 again. Cardano, XRP, Dogecoin, BNB, and others also gained 5-7 percentage points.

But honestly, this rebound looks quite fragile. Liquidity over the weekend was already thin, and the sell-off on Saturday happened in such an environment, so the rebound on Sunday was also in this context. I think the real test will be when the stock market, oil prices, and bond markets open on Monday. If traditional markets digest the weekend news and institutional funds enter, this surge might stabilize. But if oil prices spike sharply or stocks open lower, the optimistic sentiment in crypto on Sunday could be reversed and crushed.

From the weekly chart, Bitcoin is still in the red, XRP and Dogecoin are also down, only Solana and Ether are barely green. This week's market has been bouncing back and forth in the face of global news, with significant fluctuations but no real direction. It seems we need to keep an eye on the reaction of traditional markets, as that will be the key to whether this rebound can continue.