#CryptoMarketRebounds

Gate Plaza｜2/26 Today’s Topic:
#加密市场反弹
The crypto market’s rebound today carries structural weight, not just short-term excitement. Bitcoin reclaiming and pushing beyond the $70,000 level represents a decisive psychological and liquidity milestone, especially after weeks of compression and uncertainty. At the same time, Ethereum and Solana leading gains with moves above 13% signals that this is not a narrow BTC-only breakout but a broader risk-on expansion across high-beta assets. What makes this rebound particularly significant is the timing. The consistent intraday selling pressure that traders had been observing around 10 AM has suddenly vanished, coinciding with legal developments involving Jane Street. Whether directly connected or not, the disappearance of predictable liquidity suppression has shifted short-term order flow dynamics and restored confidence among momentum participants. Markets are deeply psychological systems; when recurring downside pressure disappears, buyers regain conviction and sidelined capital re-enters faster than fundamentals alone would justify.
Beyond market microstructure, macro and cross-asset signals are also reinforcing this rebound. Strong earnings momentum from Nvidia supports continued AI-driven capital expenditure strength, while positive developments around Circle enhance confidence in stablecoin infrastructure, which remains a core liquidity backbone for crypto markets. The key issue now is sustainability. A true structural reversal requires sustained spot inflows, controlled derivatives leverage, and follow-through above reclaimed resistance levels. If funding rates remain moderate and open interest expansion is gradual rather than aggressive, the probability of continuation increases. However, if leverage overheats quickly, volatility expansion could trigger sharp retracements. In my assessment, this rebound has the characteristics of a potential trend continuation phase, but confirmation will depend on discipline in positioning and the absence of excessive speculative build-up over the coming sessions.