Bitcoin Bounces Back After Weekend Slump Defying Expectations

Why It Matters

Market focus now centers on whether BTC can hold an intraday floor around $111,000–$112,000 (failure risks a revisit of $108,000) with $117,000 the next upside target, while $4,000 is the critical threshold for ETH.

Summary

Bitcoin rebounded sharply after a weekend slide, climbing from $106,189 on Sunday to $113,650 by Tuesday night—a roughly 7% rally in under 48 hours as buyers returned. The bounce followed a liquidation reset that erased nearly $20 billion in over‑leveraged positions the prior week and about $528 million in forced selling over 24 hours, clearing out weak hands and forcing short-covering; Ethereum tracked closely, rising from $3,830 to $4,103. Market focus now centers on whether BTC can hold an intraday floor around $111,000–$112,000 (failure risks a revisit of $108,000) with $117,000 the next upside target, while $4,000 is the critical threshold for ETH.