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Analyst: The crypto market is struggling to rebound; Bitcoin. must hold above $95,000 to confirm the uptrend
Svmuu News: IG analyst Chris Beauchamp stated that the cryptocurrency market is gradually recovering, but gains remain limited as investors remain cautious and capital continues to flow out of crypto funds.He noted that prices lack the fresh capital inflows needed for a strong rebound, and Bitcoin must hold above $95,000 to confirm a sustained uptrend. Currently, market attention is focused on U.S. inflation data, bank earnings reports, and the upcoming Senate hearing on the structure of the cryptocurrency market.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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