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I noticed that Bitcoin has bounced back about 7% from its lows this month. It’s currently trading around 72.93K, although it recently dropped to 71.43K. It looks like an attempt at stabilization, but cryptocurrencies overall are still under pressure during trading in the US.
It's interesting to observe how March has become quite volatile for the market. Despite Bitcoin’s rebound, the altcoin season has not yet started — most altcoins remain sideways. It seems that major players are waiting for some signals before making a serious move.
So for now, it’s more about tactical buying on dips rather than a serious reversal. I’ll be watching to see if this level holds.