Bitcoin’s Comeback Shocks Market, Dogecoin Stuck & Solana Surprises

Bitcoin’s recent price action has been a rollercoaster ride. After flirting with breaking below $100,000, the cryptocurrency made an impressive rebound to reach above $105,000, showcasing the resilience of bulls in a volatile market. This dynamic displayed a classic fakeout trend, as traders scrambled for short-term profits and long positions were flushed out. However, Bitcoin’s strength is being tested, with its volume currently decreasing, hinting at a possible brief period of exhaustion before the next move.