Wintermute: BTC finds support at the 200-week moving average; a clear macro environment is needed to resume upward movement

BTC0,22%

Foresight News reports that Wintermute stated, “The recovery of the crypto market depends on the clarity of the macroeconomic situation. The 200-week moving average still provides support, and the absence of structural damage suggests that when the recovery occurs, the rebound could be stronger than market sentiment implies. Currently, we are in a range-bound and slightly downward trend, with leverage factors dominating short-term market movements. Recently, $70,000 remains a resistance level. A recovery in the second half of 2026 is possible, but to achieve this, most participants will need to have exhausted their patience.”

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