Crypto news: how to position yourself – rebound on the horizon?

Our friend from Quebec still believed it: a rebound in Bitcoin and altcoins was coming… and that was before today's rebound.»

And he was right. After a sharp correction at the start of the month, the cryptocurrency market finally seems to be regaining momentum.

Good analysis and warning about the pitfalls to avoid in the crypto market.

🌪️ A brutal correction to start the month

November opened with a wave of profit-taking. Bitcoin lost over 12,000,000 in a week, dragging most altcoins down with it.

Ethereum, Solana, Avalanche and even meme tokens like Dogecoin have been battered, some registering drops of 20 to 30 % in a few days.

The causes?

• Profit-taking after a bullish autumn.
• Mixed macroeconomic data in the United States.
• And an increase in volatility on global markets, pushing investors towards safe-haven assets.

🚀 The return of green: a faster rebound than expected

But just a few days later, the market recovered.

Solana and Ethereum have regained ground, the Borg is up by 30%.

This renewed optimism can be explained in particular by:

• Institutional purchases identified on derivatives markets.
• Technical signals are returning to positive territory on the RSI and moving averages.

📈 November: a pivotal month for the crypto market

Analysts are divided.

Some believe that the current rebound is merely a technical respite before a new consolidation.

Others see it as the start of a new upward cycle, driven by the return of confidence and the prospect of global monetary easing.

👉 Several points to watch out for:

• The evolution of the Fed's key interest rate.
• Inflows into spot Bitcoin ETFs.
• And on-chain indicators, particularly the growth of active portfolios.

🧭 In conclusion: caution is still advised

The rebound at the beginning of this month is encouraging, but volatility remains the rule in the crypto universe.

Savvy investors know this: you must avoid getting carried away by euphoria or fear.

The underlying trend remains positive, but the road to new heights will be fraught with obstacles.

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Disclaimer

This article is a journalistic analysis intended to be informative.

This is not financial advice. Cryptocurrency markets are volatile; always invest responsibly.