Expectations of an end to the US shutdown are growing, and Bitcoin's rebound is strengthening amid a decline in Tether dominance.

Tether dominance falls to 5.19%, restoring risk appetite.
BTC successfully rebounds after confirming support at $102,000 (KRW 150.85 million).
Breaking through the key resistance level of $106,450 is a key variable this week.

Bitcoin (BTC) rebounded on the 10th, fueled by a rebound in buying following its defense of key technical support levels over the weekend. Buying intensified after the weekly support level of $102,000 (KRW 150.85 million) was confirmed, continuing the upward trend from the previous day. However, uncertainty surrounding the end of the Trump administration's government shutdown is fueling concerns about a potential breakthrough of the key resistance level of $106,450.

In terms of macroeconomic variables, Tether dominance (USDT.D) fell from 5.59% last week to 5.19%, reviving expectations of a recovery in risk appetite. Market participants assessed that, "If Tether dominance breaks below the technical support level of 5.17%, additional upward momentum could form across the virtual asset market," and, "Conversely, a rebound could lead to increased pressure for further adjustments." However, some analysts continued to argue that medium- to long-term demand for Bitcoin remains robust, fueled by expectations of ETF inflows and the prospect of year-end policy easing.

The altcoin market was generally mixed.
Ethereum (ETH) showed strength, rising +5.91% to close at 5,341,000 won, while Solana (SOL) gained slightly +1.27%. In contrast, Ripple (XRP) fell -1.22% and Dogecoin (DOGE) fell -0.75%.
In particular, Momentum (MMT) surged +21.81%, showing the most prominent upward trend in the market.

◇ Bitcoin = As of 4:00 PM on the 10th, Bitcoin (BTC) was trading at 157,354,000 won (+1.20%) on Upbit. Bitcoin's market share (dominance) stood at 57.73%.

According to the on-chain platform Sigbit, the long/short ratio in the Bitcoin futures market was tallied at 64.92% long and 35.08% short.

Experts predicted that "the defense of key support lines and the decline in Tether dominance are serving as grounds for a short-term rebound," and that "whether it breaks through $106,450 will be a key turning point this week."

◇ Rising Coin = The coin that recorded the largest increase as of 4 PM on the 10th on Upbit is
World River Financial (WLFI) rose +21.81%.

World River Financial showed a strong short-term rebound, driven by a combination of short-term liquidity inflows and improved network activity.

◇ Fear and Greed Index = The digital asset fear and greed index provided by Alternative has entered the "Fear" phase at 29 points. The fear phase (20-39) is a period of high cryptocurrency price volatility and trading volume, leading to price declines.

The Relative Strength Index (RSI), provided by Sigbit, recorded a neutral level of 66.0. The RSI measures the relative strength of upward and downward pressure on a specific asset's price, and is an indicator that indicates whether a specific asset is overbought or oversold.

Reporter Jeong Ha-yeon yomwork8824@blockstreet.co.kr