CoinEx Daily: Bitcoin Shows Signs of Recovery amid Market Neutrality

Daily View

Bitcoin prices have recently shown bullish tendencies, having moved back above the 200-day moving average with expectations for further gains if it breaks above $96,000. Despite this, overall market activity remains neutral as funding rates on major centralized and decentralized exchanges indicate a balanced outlook. On the macro front, the Federal Reserve's cautious stance continues to influence market sentiment, with potential tightening policies hinted by an upcoming Fed chair candidate emphasizing strict liquidity controls.