Cryptocurrency Market Anticipates Strong Rebound Amid New Highs

According to Odaily, trader Eugene Ng Ah Sio shared insights on his personal channel, noting that despite correctly predicting the recent market uptrend, his actual gains were limited due to being stopped out by volatility. Looking ahead, the recent surge to $100,000 has confirmed the previous support reversal at $90,000, suggesting the market may once again challenge historical highs. This scenario was initially unexpected, but continuous inflows from MicroStrategy and ETFs appear to be driving the momentum. In contrast, until yesterday, most seasoned cryptocurrency players were still observing or even shorting the market. With the anticipation of new historical highs reigniting market enthusiasm, a robust rebound in the total market capitalization of altcoins is expected.