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The marketplace is showing a clear V-shaped reversal trend! After experiencing earlier downward pressure, BTC prices are demonstrating strong upward momentum, climbing all the way to 1113 points, with the overall trend being very robust.
This rebound rally started from the low point, accumulating approximately 2300 points of upward potential, indicating that market sentiment is rapidly shifting. Currently, BTC has sufficient momentum, and short-term technical indicators are showing positive signals.
From volume analysis, the upward trend is well-supported by trading volume, suggesting increasing market participation. Notably, this kind of V-shaped reversal often signals that a market bottom may have already formed, and investor confidence is recovering.
Other digital assets such as COAI and BAS are also experiencing varying degrees of rebound along with mainstream cryptocurrencies, and the overall encryption market is showing a resonant upward movement.