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Let me say it again
Bullish trend has begun
The main uptrend is already brewing
Without any narrative, BTC rebounded from the bottom of 76000 to 83000, rebounding by 7000 US dollars, stronger than the previous rebound from the bottom of 78000, and we can see a very clear signal. This rebound has led to a strong rebound in altcoins, which is unprecedented. In the past, altcoins were at most oversold rebounds, symbolically rebounding by a few points, while this time PEPE rebounded by 24 points, DOGE rebounded by 16 points, and many others rebounded by tens to dozens of points.
Secondly, this rebound occurred before the release of the CPI data, which means that this rebound in the altcoin market has nothing to do with the news, it is purely a natural rebound. This strong natural rebound is definitely not an oversold rebound, but a manifestation of the altcoin counterattack.
Finally, after the heat of CPI subsided today, it should have plummeted. However, the result was just a symbolic drop, and it rose back up in the evening. What does this mean? It means that it doesn't want to drop anymore, it wants to rise. That's the logic.
#BTC #ETH #PI #GateioInto11 #ContentStar