According to ChainCatcher and Cointelegraph, Markus Thielen, Research Director at 10x Research, warns investors to remain cautious as stablecoin minting indicators have not yet returned to high activity levels, which could affect the sustainability of the current rebound.
Analysts point out that $95,000 is a key resistance level for Bitcoin, and if market uncertainty continues to decrease, Bitcoin may be poised to break through the $100,000 mark.