#MarketRebound
The cryptocurrency market is currently in a dynamic phase, with Bitcoin and Ethereum showing notable movements.
Bitcoin (BTC) has recently recovered from a low of about $92,464 and reached a high of about $95,480. This pattern indicates a volatile trend where both bulls and bears are engaged in a fierce battle at various price levels.
Ethereum (ETH) has also shown resilience, rising from a low of $3,267 to a high of $3,465, indicating strong market dynamics.
Analysts suggest that the recent decline in Bitcoin may be gathering strength for a recovery in 2025, with the range of $90,000 to $95,000 being seen as an excellent retracement zone.
However, some market indicators point to a possible retest of the lows from December, with a W-shaped recovery or filling of the lower shadow expected.
Investors should remain cautious and consider these analyses in trading decisions.