Analysts: Bitcoin rebounds modestly, market sentiment remains cautious.

Bitcoin continued its rebound to $88,000, with the entire crypto market cautiously rising ahead of a series of delayed US macroeconomic data releases. This week, BTC has been fluctuating between $85,000 and $89,150, continuing the weekend's upward trend, and the total market capitalization of cryptocurrencies has returned to approximately $3.07 trillion. Ethereum remained stable around $2,900, while Solana rose nearly 6% to around $136, supported by continued rotational inflows into spot ETFs. However, overall market sentiment remains cautious, with large-cap coins leading the rebound, while mid-cap tokens continued to underperform after last week's large-scale deleveraging. Despite this, the overall crypto fund market remains under pressure. Timothy Misir, Head of Research at BRN, stated that this reflects a broader risk pattern: Bitcoin remains the primary "de-risking" tool, while ETH and SOL have become structural rotation targets for long-term funds. (TheBlock)