Today’s move isn’t particularly strong, but it’s a bit steadier than the past two days.

BTC is hovering around 76.8k, at least it didn’t continue to drop sharply; ETH and SOL have also seen some minor recovery, but it’s not yet a true shift to strength.
I think the most worth watching today isn’t how much it has risen, but that the market has finally shifted from “purely defensive” to “just observing for now.”
Additionally, trading volume has increased by over 48%, which is quite significant.
But increased volume doesn’t necessarily mean the market is starting to move; we still need to see if prices continue to follow upward.
The current real state of the market looks more like:
The bears are taking a breather, and the bulls haven’t truly taken control yet.
So my view now is very simple:
This isn’t a confirmed reversal, more like a pause to observe the bottoming process.
Next, the key is whether BTC can leverage the increased volume to hold above 77k.