Crypto Market Bounces Back Amid Technical Resistance and Macroeconomic Uncertainty

The cryptocurrency market has experienced a notable rebound in recent days, with Bitcoin reclaiming the $68,000 mark and Ethereum breaching $2,000.

This resurgence is attributed to substantial net inflows into spot Bitcoin ETFs, amounting to $257 million, and over $400 million in short liquidations that amplified an upside squeeze. However, beneath this apparent strength lies a more complex picture.

Analysts highlight mixed ETF flows, with recent weeks seeing both outflows and inflows. This pattern indicates short-term price fragility, even as institutional interest in regulated products remains a significant driver.