ChainThink report: Starting this Monday, the crypto market exhibited an accelerated rebound, with both Bitcoin and Ethereum reaching their highest levels since February 5. Given the uncertain situation in Iran and macro liquidity risks, this rebound may be more of a technical rally rather than a fundamental shift. ChainThink reviews the current market dynamics as follows:

This weekend, technical analysts such as Peter Brandt and Ali Charts led the "short-to-long" flip, openly bullish on crypto. Peter Brandt has repeatedly shared charts since March 10, signaling an imminent short-term uptick for Bitcoin. Yesterday, he updated his outlook, stating that Ethereum has formed a "small daily bottom" within its long-term historical support zone, suggesting Ethereum could surge toward $2,600.

Meanwhile, Ali Charts also issued early warnings prior to the market rebound. At 2 AM Beijing time on Monday morning, Ali Charts unusually stated, "The probability of a Bitcoin rebound is now 100%." Yesterday, he added his analysis on Ethereum, noting that the Ethereum Super Trend indicator "has turned from sell to buy for the first time since September last year. In the two previous instances when this signal appeared, Ethereum prices rose by 52% and 174%, respectively."

With technical analysts calling for entry, figures like Saylor and Tom Lee are actively accumulating positions. According to Monday’s announcement, Strategy increased its Bitcoin holdings by 22,337 BTC last week, while Bitmine added 60,999 ETH, both showing clear acceleration.

Notably, Garrett Jin, the previously high-profile pro-BTC "OG insider whale" representative who failed in past bullish calls, has emerged as one of the few current pessimists. He has repeatedly expressed concerns that the ongoing Iran situation could trigger a market crash. When asked about his view on the crypto market, Garrett Jin said, "I don't yet have sufficient confidence to accumulate. I'm currently leaning toward trading other clearer investment opportunities."