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While the market has spent the last few days being dragged down, crypto is looking like it might have bottomed. After dipping below key support overnight, BTC has reclaimed the $91K level and is flashing early signs of renewed confidence. Fear hasn’t vanished, but the tone has shifted: instead of panic selling, traders are now positioning for upside.
Over the last 24 hours, Bitcoin has reclaimed $90K territory, recovering from its low and pushing back into a range that matters both technically and psychologically. While the daddy of crypto is the strongest indicator of where the market is headed next, it’s by no means the only source of alpha. Other signals, such as significant demand for the EV2 presale, which went live this week, also attest to a recovery being on the cards. Better times are ahead.
The recent pullback, which peaked on November 17, has flushed excessive leverage out of the system. Once forced liquidations ran their course, spot demand started to step back in. Funding rates have normalized, open interest reset, and price rebounded from a region that traders had already marked as strong support. Bitcoin has now reclaimed its short-term moving averages, hinting that buyers are willing to return.
Institutional accumulation also hasn’t slowed down. Continued inflows into large Bitcoin holdings via ETFs and corporate treasuries signal that bigger players aren’t waiting for perfect market timing. Onchain data also continues to show BTC leaving exchanges – a strong indicator that holders are preparing to sit tight rather than sell.
With recovery underway and volatility coming off extreme levels, traders are now evaluating whether BTC’s reclaim of $91K is just a relief bounce or the start of a push back toward recent highs. Real-time sentiment can be checked on the Fear & Greed Index, which is currently leaning toward cautious optimism. Bitcoin may be regaining altitude slowly, but importantly, it’s doing so on cleaner footing, while BTC dominance now stands at 58%.
Alongside Bitcoin’s recovery, a new narrative is gaining traction. EV2, a lush space-combat title built inside Funtico’s gaming ecosystem, has just launched its token presale – and the spate of early inflows suggests investors are hungry for projects that blend tangible utility with significant upside potential.
EV2’s pitch is straightforward: AAA-quality gameplay first, blockchain quietly powering ownership behind the scenes, all wrapped in an MMORPG that promises endless hours of immersive entertainment with battles featuring prominently. The key to surviving the intergalactic duels is kitting your character out in the toughest space armor – and naturally, $EV2 holders will get the pick of the best wearables.
Unlike past cycles where presales were little more than speculative token drops, EV2 is positioning itself as a gateway into a broader gaming economy. That doesn’t eliminate the inherent risks of early-stage projects, but it’s enough to attract attention from traders rotating out of slow-moving majors and into higher-velocity plays.
As Bitcoin pushes off its lows, altcoins are finally showing signs of life. Tokens that refused to break support during the drawdown are now the first to rally. Various gaming and privacy-related assets have posted double-digit gains in the past 24 hours, reflecting renewed appetite for risk across the board. Top gainers include QNET and TYCOON.
For traders chasing outsized returns, these rebounds aren’t random. When liquidity returns to the market, capital typically flows in the following order: Bitcoin → large-cap altcoins → mid-cap narratives → early-stage tokens and presales. We’re now entering the second act of that sequence.
Bitcoin reclaiming $91K doesn’t guarantee a full reversal, but it shows that buyers are willing to defend key territory. The next hurdle sits near the $95K resistance region. If BTC breaks that level on strong volume, the route toward retesting recent highs becomes clearer, with BTC price predictions suggesting $110K could be on the cards by the month’s end.
Crypto has suffered a bout of mid-flight turbulence over the past week, prompting the cabin lights to flicker and passengers to grip their armrests. Now, the aircraft has leveled out. It’s not cruising altitude yet, but the panic has subsided. The bottom line is that the market looks healthier than 48 hours ago. Risk appetite is returning and opportunities are forming.
Stay nimble, stay curious, and don’t ignore what Bitcoin’s dogged refusal to be dragged lower often signals — that the market recovery may already be in motion.
Website: https://ev2.funtico.com/
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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.
