Is the Crypto Rebound a Trap or a Launchpad?

The market just reclaimed the $2.3T - $2.4T level, but we aren't out of the woods yet. While the 2.45% bounce looks green on the screen, the real story is hiding in the "Safe Haven" rotation.

🟡 The Gold-Tether Connection

Tether ($USDT) is no longer just a digital dollar—it’s a gold whale. Holding $23B in gold (148 tonnes) means Tether now has more bullion than many actual countries.

The Play: As Gold pushes past $5,000 due to global payroll shocks, keep a close eye on $PAXG or $XAU . If traditional markets stay shaky, the "Digital Gold" narrative for $BTC will either decouple or follow the physical metal's lead.

📉 Bitcoin’s Tug-of-War

Despite the market cap rise, $BTC is hugging the $69,800 zone.

Support: We need to hold $69,000 firmly.

Resistance: A clean break above $71,000 is required to confirm this isn't just a "dead cat bounce" fueled by buy-the-dip sentiment.

💡 My Strategy Today:

I’m not FOMO-ing into the 2% bounce. I’m watching the $2.3T market cap floor. If we dip below that, the "payroll shock" might trigger a deeper liquidity flush. For now, I'm staying heavy in $USDT and looking for entries only on high-conviction alts that show relative strength against BTC.

What’s your move? Are you buying this "Gold-backed" rebound or waiting for a $BTC retest of $67k? Let’s discuss below! 👇