For the previous few days, Bitcoin has been stabilising between $31,000 and $40.000. The bulls are presently trying a rebound after the bears failed to keep the price below the range's support. The relative strength index's positive divergence suggests that bullish momentum is building.
I can't believe that the market would able to rebound after Bitcoin reach below $30k because I thought it could be the beginning of the bear market but very fortunate that it rise back and stay in the $32k-$35k price range. However, I was not confident that we could make another huge market rally like we experience early this year but nor to see we could be in deep once again.
As long as the market demand and supply keep on the current momentum, even FUDS couldn't affect the market.