[Bitpush] Although the crypto market has bounced back in the past couple of days, everyone in the industry knows—the atmosphere is still tense.
That recent Bitcoin sell-off coincided with weekend liquidity drying up, plus anxiety spilling over from the traditional markets, causing prices to take a roller-coaster ride. Right now, everyone is still pondering issues like corporate balance sheets. For example, that Strategy ETF took a serious dive, the MSCI methodology review is still looming, and all these problems are seriously suppressing risk appetite.
Tuesday’s rally did bring some new stories. The new SEC Chair, Paul Atkins, announced plans for an innovation exemption framework for digital asset companies, which finally provided some regulatory direction after months of waiting. Even more dramatic was Vanguard suddenly announcing that its platform will allow trading of crypto ETFs and funds—after funds have been flowing out for so long, this news definitely boosted morale.
But to be realistic, this bounce looks more like a breather after an oversold drop, not a real trend reversal. Market depth is still thin, and a bunch of major coins have only just climbed up from multi-week lows. The real test ahead is: after derivatives positions get liquidated, will spot buyers have enough strength to pick up the slack?
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PumpStrategist
· 10h ago
Looking at the chip distribution, this round of surge is obviously an institutional test run. Any rebound without volume support is weak.
It sounds appealing for pioneers to enter, but you need to see clearly—this is just the opening of trading channels, not the same as institutions actually bottom-fishing. That's a typical retail investor mindset.
The risks haven't been fully released yet, and the RSI hasn't fallen back to a reasonable range. A rebound is just a rebound—don't get carried away by emotions.
The bottom formed by the sell-off over a weekend with poor liquidity is really not necessarily the true bottom—I've seen this happen many times.
What Atkins said was basically meaningless; the framework will take another six months to be implemented. Popping champagne now is honestly a bit premature.
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just_here_for_vibes
· 10h ago
All oversold rebounds are like this—just take a breather and that's it; the real story hasn't even started yet.
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TrustMeBro
· 10h ago
Same old trick again, bounce and bounce, then another dump—it's exhausting to play this game.
The early movers getting in is kind of interesting, but I still can’t tell how long this wave can last.
The SEC’s new framework sounds nice, but actual implementation will take time, so don’t celebrate too soon.
Taking a breather is just taking a breather—I’ve been numb to this for a long time anyway.
Liquidity hasn’t even returned yet, and they’re already hyping up a rebound—what a joke.
Is it really different this time? I still feel a bit uneasy.
Let’s wait and see, feels like it’s going to keep dropping.
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rugged_again
· 10h ago
Stop hyping it up, this rebound is just a fake-out. I bet 5 eth it’s going to drop again.
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"Pioneer entry" sounds impressive, but when will it actually reach my wallet? Who knows—might as well be the year of the monkey.
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LOL, another "regulatory positive" news. Feels like I’ve heard this a hundred times already.
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Liquidity is still being drained, who really dares to go all in? This is way too intense, bro.
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That strategy ETF is truly outrageous, now that’s a real ironclad lesson.
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You really believe in an oversold rebound? Wake up, this is just a breather before it dumps even harder.
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Is Paul Atkins' exemption framework reliable or not? Feels like they're about to change their minds again.
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If the funds really come back in, I’ll eat my screen on livestream. Right now it’s just institutions fleecing retail.
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Tense? I’ve been unable to hold it together for ages—just bleeding out nonstop.
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So regulation is supposed to be friendly, huh? Then why’s it dumping so hard? Can you stop being so fake?
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TradFiRefugee
· 10h ago
This move by Vanguard is honestly a bit late, but better than nothing... As for the Atkins framework, we'll have to see if it actually gets implemented—hopefully it doesn't just become another PPT-style regulation.
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GasFeeNightmare
· 10h ago
Another round of "rebound," but let me just ask—has the gas fee dropped yet? Everyone's hyping up Vanguard entering the market, but I only care about when gwei can get back to single digits. Otherwise, every transaction is another huge loss.
New SEC Framework + Pioneers Entering the Market, Crypto Market Rebounds but Sentiment Remains Tense
[Bitpush] Although the crypto market has bounced back in the past couple of days, everyone in the industry knows—the atmosphere is still tense.
That recent Bitcoin sell-off coincided with weekend liquidity drying up, plus anxiety spilling over from the traditional markets, causing prices to take a roller-coaster ride. Right now, everyone is still pondering issues like corporate balance sheets. For example, that Strategy ETF took a serious dive, the MSCI methodology review is still looming, and all these problems are seriously suppressing risk appetite.
Tuesday’s rally did bring some new stories. The new SEC Chair, Paul Atkins, announced plans for an innovation exemption framework for digital asset companies, which finally provided some regulatory direction after months of waiting. Even more dramatic was Vanguard suddenly announcing that its platform will allow trading of crypto ETFs and funds—after funds have been flowing out for so long, this news definitely boosted morale.
But to be realistic, this bounce looks more like a breather after an oversold drop, not a real trend reversal. Market depth is still thin, and a bunch of major coins have only just climbed up from multi-week lows. The real test ahead is: after derivatives positions get liquidated, will spot buyers have enough strength to pick up the slack?