Bitcoin, Ethereum, and Dogecoin saw a rebound on Tuesday, recovering from the heavy sell-offs that pushed prices down to an 8-week low on Monday. Bitcoin climbed above $62,000, fueled by relief after concerns over Mt.Gox repayment plans subsided. Ethereum also experienced buying pressure, potentially boosted by SEC Chair Gary Gensler's positive comments about spot ETF reviews. While the market showed signs of recovery, with Bitcoin's Open Interest rising, the Cryptocurrency Fear & Greed Index remained in the "Fear" zone, indicating cautious sentiment. Analyst Ali Martinez believes this dip is a prime opportunity to buy Bitcoin, citing the oversold RSI. Rekt Capital points out that Bitcoin is consolidating in a post-halving re-accumulation range, with a resistance level around $71,500.

Bitcoin, Ethereum, and Dogecoin Rebound After Monday's Drop — Will Bitcoin Hit $71,500?
Summary:
Bitcoin, Ethereum, and Dogecoin experienced a rebound on Tuesday.
Bitcoin briefly rose above $62,000, recovering from fears surrounding Mt.Gox repayment plans.
Ethereum saw buying pressure potentially fueled by SEC Chair Gary Gensler's positive comments on spot ETF reviews.
Despite the recovery, the Cryptocurrency Fear & Greed Index remained in the "Fear" zone.
Analyst Ali Martinez believes the dip is a good time to buy Bitcoin due to the oversold RSI.
Rekt Capital notes that Bitcoin is consolidating in a post-halving re-accumulation range, with a resistance level around $71,500.
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