Bitcoin's bounce from the lows has renewed confidence among bulls who believe the worst of the correction may be over.
Bitcoin Futures Perpetual Funding Rate shows potential bottom formation as the 7-day moving average turns negative, historically associated with the start of recovery phases.
Bitcoin is facing crucial resistance as sentiment resets, with the recent trade policy shift and ongoing uncertainty weighing on market sentiment.
Bitcoin must hold above the $81K support zone and reclaim the $85K level (200-day EMA) to confirm a bullish setup and regain lost momentum.