The cryptocurrency market is making a strong recovery following a recent crash. Bitcoin has reclaimed its position at $99K, while Ethereum has risen above $2,700, showing resilience.
Market Trends Overview
After a significant crash in the cryptocurrency market, we have seen a solid recovery in the last hours. Bitcoin (BTC) and Ethereum (ETH) have demonstrated strong growth, alleviating investor concerns. Bitcoin reclaimed its value at $99K, and Ethereum surged above $2,700.
Curve DAO Token (CRV) Recovery
Curve DAO Token (CRV) also shows signs of recovery. After a sharp fall to the support level of $0.40, CRV's price began to rise, reaching $0.54. Historically, this level has served as a rebound zone, suggesting that the token might continue its upward trajectory.
Oasis (ROSE) Market Situation
Oasis (ROSE), which has been under significant pressure, managed to hold at the critical support of $0.064 and climbed to $0.046. If market conditions continue to improve, ROSE may also see a positive trend change.
Currently, both CRV and ROSE are showing resilience at key support levels. Their next movements will largely depend on Ethereum and the overall crypto market sentiment. If ETH continues its recovery, CRV and ROSE might also embark on a new bullish trend.