BTC- Bitcoin's stormy rise, along with new life in the Altcoin market!

My warmest greetings to all my dear Hive blogs friends,

A new bullish wind has suddenly started blowing in the crypto market. 📈

Image Screenshot by Binance

Looking at the data and charts provided by Binance, it is clear that Bitcoin (BTC) has made a very strong comeback. It has risen from around the $63K region to reach $79.5K, creating a lot of excitement in the market. Currently, BTC is hovering around $76.8K and is showing a growth of about +7% in 24 hours.

Image Screenshot by Binance

The most important thing is the flow. The volume of buying in large orders of BTC is much higher than selling, and the total large inflow is about +1,702 BTC. The large inflow in the last 5 days is also about 6,980 BTC—which indicates a strong presence of buyers in the market.

Image Screenshot by Binance

HIVE is also showing positive changes

Along with #BTC, our favorite #HIVE is also doing well. #HIVE is priced at around $0.0440 in the picture, up around +8.37% in 24 hours.

HIVE's large orders are buying about 915K HIVE, while selling about 415K HIVE—meaning that large orders are seeing a net inflow of about +501K HIVE. The total inflow is also about +2.00M HIVE. The large inflow over the last 5 days is about 841K HIVE.

Image Screenshot by Binance

The chart also shows that HIVE has made a strong turnaround from the recent low of $0.0373 to near $0.0440. This is a promising move for HIVE.

My view of the current market

While BTC is moving strongly upwards, the Altcoin market is also being affected. Many Altcoins are seeing increasing buying pressure and renewed confidence among investors.

However, the crypto market is highly volatile—so it is important to monitor cash flow, volume, and support-resistance rather than just making decisions based on a rapid price increase.

If BTC can firmly break above the recent high of $79.5K, then there is a possibility of a bigger move in the market. 🚀

And if HIVE can maintain its current positive cash flow, then the time ahead could be quite important for the HIVE community as well.

This is not investment advice; it is my personal market observation based on the information in the Binance image.

HIVE to the moon! 🌙