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The familiar story is playing out again: BTC rises, and the group chats start talking about a bull market; BTC falls, and everyone immediately starts analyzing the bear market.
To be fair, sentiment in the crypto market shifts faster than the weather forecast.
BTC returning to around $76,000 has indeed given the market some hope for a rebound. But I think what really matters isn’t the sudden price jump—it’s whether buying continues afterward.
If money keeps flowing in and the price can hold key levels, market confidence may gradually recover. On the other hand, if the rise is driven only by short-term money and the price quickly drops back after surging, this move may just be a technical rebound.
I won’t change my entire outlook because of one bullish candle, nor will I write off the whole market because of one bearish candle.
After all, the most expensive lesson in crypto trading often comes from one phrase: “This time is definitely different!”
Do you think BTC is bottoming out now, or is this just a rebound within a downtrend?$AMD