On Saturday morning, the cryptocurrency market experienced a mild rebound. As of now, the total market capitalization is around $3.0 trillion, with a 24-hour increase of 0.8%-1.2%.

Looking at the major coins, Bitcoin (BTC) fluctuates between $87,500 and $88,800, with a daily increase of 0%-1.44%; Ethereum (ETH) hovers between $2,920 and $2,970, with a daily increase of 0.45%-1.02%. Overall, mainstream coins show a divergence, with market trading volume maintained at $8.6-10.5 billion, indicating moderate activity.

From the sentiment perspective, the Fear & Greed Index continues to hover around 27-28, indicating that market sentiment remains cautious.

Why is there a rebound? Several factors are driving this. First, during the holiday period, market trading volume was sluggish, and bottom-fishing buyers started entering the market; second, institutional-level ETF inflows continue to provide incremental funds; third, the FOMO sentiment after Thanksgiving is fueling the rally. More importantly, December has traditionally shown strong seasonal characteristics—historical data indicates an average increase of 9.7% in this month. This positive historical trend has persisted to this day, effectively offsetting previous liquidation pressures and providing a foundation for the market rebound.