The weekend rebound in Bitcoin and major altcoins can be an early indication of a broader market recovery rather than a short-lived bounce from a bull trap of sorts.

Historically, November has been one of Bitcoin’s strongest months, with average gains of around 42%, and the recent easing in retail capitulation suggests the market may be forming a near-term bottom.

Ethereum’s move back above the $2,800 range is driven by anticipation around upgrades such as Fusaka, which are set to enhance network efficiency, DeFi activity, and overall scalability.

Together, these signals point toward a maturing and increasingly durable crypto ecosystem.

Ignacio Aguirre, CMO at Bitget

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