On Monday, Bitcoin moved back above $115,000, resulting in a 0.9% gain, while Ethereum’s price surged by 6%. Despite recent declines in trading volumes, analysts suggest a buy-the-dip approach may emerge if Bitcoin ETFs see renewed inflows.
QCP analysts view last week’s drop as a correction, not capitulation, citing structural support for recovery. They indicate that stabilization signs may encourage renewed investments and that cautious sentiment prevails as traders wait for clearer signals.
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