ELIZA TOWN increased by 532.44% after launching Alpha, current price 0.0027737 USDT

K33: Bitcoin enters an extreme weekly oversold zone, with selling pressure easing and a potential for a temporary rebound brewing

The K33 analysis report indicates that Bitcoin has entered an extremely oversold zone after experiencing selling pressure. Recently, selling pressure has eased, and the market shows signs of stability. Historical data shows that Bitcoin often rebounds after an extreme bearish cycle, although it takes time to form a bottom. However, overselling and supply recovery suggest a rebound opportunity. Nevertheless, the options market still exhibits a strong bearish sentiment.

XRP Wedge Play: Dip to $1.20, Then 25% Pump to $1.50?

XRP is currently consolidating around $1.35–$1.40 after a previous high near $1.67. Analysts highlight a critical support level at $1.20, where a bounce could trigger a potential 25% rally towards $1.50. However, broader market conditions remain uncertain, necessitating caution from traders.

Analysis: The CLARITY Act's expected warming effect combined with the fiat devaluation logic regression is driving BTC to strengthen against the trend

Under the influence of the Middle East conflict, Bitcoin has risen against the trend, reaching a one-month high, and the overall crypto market is recovering. Factors driving the increase include expectations of fiat currency devaluation, optimistic sentiment about conflict easing, and the upcoming passage of the CLARITY Act, which is expected to benefit the legal status of stablecoins.

Analyst: This round of Bitcoin price increase is driven by position resets and reduced supply elasticity

Bitcoin price recently rebounded and broke through $71,000, supported by ETF capital flows, position resets, and improved liquidity. Analysts believe that the trend is closely related to the global liquidity environment, but under geopolitical uncertainties, the likelihood of a sustained increase is low, and a significant price drop is also unlikely.

Analysis: Bitcoin bullish sentiment heats up, with $80,000 potentially becoming the next target for this rebound.

Bitcoin rose 5.21% on Wednesday, breaking above the upper trendline of the "bearish flag" pattern, with a price of approximately $71,900. Analysts believe that $80,000 could be the next target, and if it does not encounter selling pressure at $74,000, the probability will increase to 40%.