Bitcoin rebounds after a sharp drop to the low $80,000s…"Short-term bounce but structure remains vulnerable"

Bitcoin (BTC) briefly rebounded after being pushed down to the low $80,000s during the week due to large liquidations and selling pressure.

On the 24th (local time), according to The Block, Bitcoin recorded $87,645, up 1.8% from 24 hours earlier. Earlier, Bitcoin had fallen to about $81,000 on Friday. Major altcoins such as Ethereum (ETH), XRP, and Solana (SOL) also saw rebounds of 0.5~2%, and the overall cryptocurrency market rose 1% in a day.

Market experts characterized the move as a 'short-term bottom bounce (post-flush bounce)' but said it is difficult to confirm its sustainability. Vincent Liu, chief investment officer (CIO) at Chronos Research, said, "Liquidity is thin and buying and selling flows are fragmented," and predicted that "a narrow box-range consolidation will continue in the $85,000~$90,000 range." The fear and greed index is at 13, still in the 'extreme fear' stage, suggesting that improvements in investor sentiment are limited.

Raquel Lucas, a BTC Markets analyst, assessed, "After the deepest drop in this correction cycle, Bitcoin holding above $86,000 is constructive in the short term but remains structurally vulnerable." She said that a clear recovery above $88,000 would confirm the rebound base, and warned that failure to regain that level could risk a retest of $80,000. Lucas added, "Institutional investors have not left the market but are in a position-adjustment phase," and "ETF net outflows are a risk-management move, and long-term demand remains robust."