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Cautious Calm Returns to BTC Markets

Bitcoin and Ether are trading above $110,000 and $3,880 respectively, despite a drop of approximately 10% for BTC and 14% for ETH over the last month. Traders have cautiously started to rebuild their positions after a recent selloff driven by Federal Reserve discussions. According to market maker FlowDesk, traders showed net buying in BTC, HYPE, and SYRUP tokens, indicating a shift towards risk appetite, although Solana-linked assets lag behind. The derivatives market witnessed $155 million in liquidations, primarily affecting overleveraged long positions, rather than indicating widespread panic selling. Current lending rates in DeFi protocols on Ethereum have also slightly eased, signaling a potential stabilization period as markets await further catalysts. As the week begins, the overall sentiment in the crypto markets is cautious, with traders maintaining a wait-and-see approach, reflecting a broader market trend toward moderation and consolidation.

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