Bitcoin is attempting to stabilize after a sharp downturn earlier this week that triggered heavy liquidations and a wave of panic selling across the crypto market.
Based on the latest Binance pricing, BTC is trading near $87,287, gaining roughly 1% in the past 24 hours. This comes after Friday’s brief fall toward $81,000, one of the steepest intraday drops seen recently.
The broader market is experiencing mild recovery as well:
ETH: up 0.5% to $2,834
XRP: up 2.65% to $2.09
SOL: up 2.5% to $133
Overall, crypto markets added around 1% on the day.
Analyst Perspective
Market specialists say the current price action looks more like a technical rebound than the beginning of a sustained upward trend.
Vincent Liu, CIO at Kronos Research, explained:
> “Bitcoin’s movement resembles a post-liquidation recovery—low liquidity, scattered order flow, and cautious buying. Long-term holders are still accumulating, but we expect BTC to remain range-bound between $85K and $90K due to thin liquidity and continued stop-loss pressure.”
Sentiment Still Weak
Investor mood remains shaky.
The Crypto Fear & Greed Index stands at 13, slightly higher than earlier in the week but still firmly in “extreme fear.”
Rachael Lucas of BTC Markets noted:
> “BTC is stabilizing after the deepest pullback of this cycle. Staying above $86,000 is encouraging in the short term, but the overall structure is still vulnerable.”
According to Lucas:
A breakout above $88,000 could confirm a local bottom.
Failure to hold support levels may send BTC back toward $80,000.
Short-term traders are monitoring:
Funding rates
Liquidation clusters
Volatility spikes
Long-term investors, meanwhile, remain confident in Bitcoin’s underlying fundamentals.
Lucas added:
> “Institutions are reallocating, not exiting. ETF flows indicate risk adjustment rather than capitulation. Crypto as an asset class remains supported, though short-term volatility continues to create opportunities.”
$BTC $ETH #BTCVolatility #USJobsData #ProjectCrypto #CPIWatch #WriteToEarnUpgrade