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Crypto Market10 days ago· 2 min read

📈 BTC Rebounds to $69.8K After Positive US Inflation Data — But Is It Sustainable?

Bitcoin
Bitcoin

Bitcoin recovered to $69,800 following unexpectedly positive US inflation data.

However, analysts at Santiment caution that macro-driven Friday rallies are rarely sustainable without confirmation at the start of a new week.

📉 Falling trading volumes A sharp drop in volume may indicate the market is preparing for its next major move.

🛒 Retail still buying Ongoing retail accumulation suggests that a full correction bottom may not yet be in place.

Interestingly, Santiment notes that the memecoin sector could rebound sooner than expected.

A growing social media narrative suggests:

  • “The meme era is over”
  • The sector is “completely dead”

Historically, such collective dismissal often marks capitulation.

When the crowd fully writes off a sector, that’s often when it becomes worth watching again.

BTC’s bounce is constructive — but macro spikes need follow-through.

At the same time, extreme pessimism in memecoins may be quietly setting the stage for a surprise reversal.

The market now faces a classic setup: 📊 low volume 😨 mixed sentiment ⚡ potential volatility expansion ahead

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