This area is holding up quite well for now. Also, the crypto market is currently slightly buoyed by optimism in the stock market. Over the weekend, Goldman Sachs set a target of 5100 for the S&P 500 within 12 months, indicating more than a 10% growth. Therefore, at this moment, it would be challenging for bears to reach the 38500 level to close the gap, although I still think the gap will need to be closed, just a bit later. For now, I'm prioritizing sideways movement and slight growth. Also, news like this is constantly coming in, which gives optimism to the market:
Needham survey says financial advisors expect 5% to 10% of clients to buy Bitcoin ETF exposure
Needham survey says financial advisors expect 5% to 10% of clients to buy Bitcoin ETF exposure
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