Crypto sentiment is deeply bearish, yet BTC is bouncing first — classic setup for a dead-cat bounce. These rebounds often come from short-covering and oversold conditions, not fresh conviction.
Until Bitcoin reclaims key resistance with strong volume, this looks more like a temporary relief rally inside a broader downtrend, not a confirmed trend reversal.
⚠️ Translation for traders: treat pumps cautiously — structure still favors volatility and potential lower retests.$BTC
BTCUSDT
Perp
66,360.2
-1.04%
ETHUSDT
Perp
1,939.59
-1.43%
BNBUSDT
Perp
603.65
-1.78%