Exercise caution regarding the crypto market rebound; the short-term bottom remains uncertain

According to HashChain News, QCP Asia's latest market analysis indicates that whether the current rebound signifies a short-term bottom still needs to be observed.
Recent reasons for the rebound:
• BTC and ETH have recovered from lows, with sentiment temporarily improving.
• Spot ETF funds are flowing back: BTC saw a net inflow of $145 million yesterday, totaling $371 million last week; ETH has turned into a net inflow of $57 million.
• Some institutions continue to increase holdings, indicating a revival in Ethereum demand.
Macroeconomic impact:
• US employment data is weak, with the market betting on a rate cut in March.
• This week's non-farm payroll and CPI data will determine interest rate expectations and risk appetite trends.
Risk warning:
• The Fear and Greed Index remains in "Extreme Fear" (9).
• Implied volatility is still high, and overall liquidity and risk appetite have not significantly improved.
Before the release of key macroeconomic data, whether the short-term bottom is established remains unclear. It is recommended to operate cautiously and avoid blindly chasing gains.
#加密市场 #Bitcoin Market #Non-farm Payroll