"Sharp Turn in Bitcoin; XRP and Zcash Strengthening"

Bitcoin Surges

Bitcoin has made a significant jump by surpassing oversold levels on the Relative Strength Index (RSI). This stage stands out as a region that has historically aligned with short-term recoveries.

Market Liquidity Tightened

More than $206 million in liquidations occurred during weekend trades. This situation indicates that sellers are experiencing fatigue.

Strong Performance in the Altcoin Market

XRP and Zcash (ZEC) have drawn attention among major altcoins with their gains. Notably, Zcash stands out with a rally that has the potential to close the year strongly.