Bitcoin rebounds past $91K after steep 30% correction triggered by liquidations

Bitcoin has rebounded to $91,000 level on Friday after a steep 30% correction from its peak of $126,000, driven by forced liquidations and risk-off sentiment. The cryptocurrency was trading at $91,303 level.

The cryptocurrency edged up 0.10% in the past 24 hours, whereas Ethereum fell 0.93% in the same period. Among the major altcoins, XRP, BNB, Solana, Dogecoin, Cardano, and Hyperliquid went down over 2% in the past 24 hours and Tron went up 1.11% in the same period.

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Sathvik Vishwanath, Co-Founder & CEO, Unocoin, says that renewed buying, improving macro conditions, and strong institutional interest via ETFs are supporting the recovery. However, volatility remains high as Bitcoin now behaves more like a risk asset, reacting sharply to interest-rate expectations and global market sentiment.

Vishwanath added that key levels include support near $80K–85K and resistance around $110K–120K and short-term consolidation between $90K–100K is likely, with momentum dependent on macro data and institutional flows. Overall, Bitcoin is stabilizing but remains vulnerable to sharp swings.

In the past week, Bitcoin and Ethereum went up by 6.63% and 7.51% respectively. Among the major altcoins, XRP, BNB, Solana, Dogecoin went up over 10% in the past week and Tron, Cardano, and Hyperliquid went down over 3% in the same period.

CoinDCX Research Team mentioned that the crypto markets have remained composed in the past 24 hours, without being volatile, as the crypto seems to be preparing for the next move. Bitcoin and Ethereum trade above their gained levels at $91,000 and $3,000, respectively.

Market perspective

Riya Sehgal, Research Analyst, Delta Exchange

The cryptocurrency market saw a mild correction over the past 24 hours, with total market capitalization easing to $3.1 trillion and trading volumes down more than 23%, reflecting cooling momentum after recent gains.

From a sentiment perspective, the Fear & Greed Index has climbed from 11 to 20, signaling a gradual recovery in confidence. Looking ahead, potential Fed policy easing and the Ethereum upgrade could act as catalysts for renewed upside momentum. However, short-term volatility may persist.

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WazirX Trading Desk

Experts have noted a rebound for Bitcoin above roughly $89k–$90k in recent sessions. The recovery is still fragile, and sentiment can be easily reversed if macro news indicates any setback.

A clean break above $92.5–$93k could spearhead the next breakthrough movement, with aspirations predicted to reach 97k levels before the next resistance. A mild correction in the last 24 hours isn’t a sign of immediate downward movement, but it doesn’t rule out correction completely, which could potentially see prices go back down to 80k levels.

Experts have warned of low risk limits for traders with no certain trajectory determined for BTC. The upside bias could be limited to BTC and ETH only, but will be crucial in testing their next resistance levels.