Bitcoin (BTC) maintains its steady recovery toward $75,000 on Friday, following the US Treasury announcement of at least $4 billion of long-term bond buybacks. The broader crypto market risk-on sentiment has improved, evidenced by the Fear and Greed Index rising to 68 on Friday, indicating increased greed among investors. Ethena (ENA) and Pump.fun (PUMP) extend rally over the last 24 hours, emerging as the top performers with bulls eyeing a trend reversal. 

Technical outlook: Bitcoin eyes $75,000 breakout

Bitcoin trades around $74,735 on Friday, maintaining a clear bullish bias after surpassing both the 50-day Exponential Moving Average (EMA) near $65,287 and the 200-day EMA near $72,098.

From a…