(7/16, Fri) btc rebounded above $31k showing it will play box trading again

Yesterday(7/15 00:00 - 24:00, UTC+0), bitcoin price recorded its starting as $32806, its lowest as $31114, its highest as $33169, its closing as $31868. After reaching a high one hour after the start of Thursday, Bitcoin continued to decline, breaking below $32,000 at 10:30 and hitting a low at 17:00 before rebounding, ending a final -2.9% decline.

Bitcoin, which went to the bottom of the box on the daily chart, rebounded above $31,000, which can be seen as a move to the top of the box again, but I guess it's too early to be reassured since the trading volume for the uptrend is still low. It is correct to view the overall market as a Bitcoin box market.

In the financial market, indicators are showing signs of changing day by day without continuing the trend. The dollar index rose again to 92.6, and the yield on the 10-year U.S. Treasury bond fell again to 1.30. Nasdaq and crude oil fell again and gold is rising to 1830/usd. Overall, it appears to be a preference for safe assets for fear of a recession, which I guess is not what the US Fed wants and is expected to reverse soon. Anyway, the preference for safe assets is favorable to the cryptocurrency market, and it would be great if other good news were added to it.