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Yesterday's sharp decline led to an oversold rebound, with short-term funds entering the market to buy the dip, pushing the price upward.
The selling pressure from institutions that was suppressing the price (such as Bitcoin spot ETF outflows) has eased somewhat, and buying interest has slightly returned.
Currently, the overall sentiment in the crypto market remains cautious, in a "fear of further decline" state. This recent rise is just a short-term rebound and does not indicate a complete end to the downtrend. Avoid blindly chasing the rally.
$BTC