
Briefing
Bitcoin has rebounded to the $91,000 level, recovering from a steep 30% correction that was triggered by forced liquidations and a general risk-off sentiment. This recovery is primarily fueled by renewed buying activity and growing institutional interest, particularly through spot crypto exchange-traded funds. The market’s Fear & Greed Index, a key indicator of investor sentiment, has climbed from 11 to 20, signaling a gradual but cautious return of confidence.

Context
Before this rebound, the crypto market experienced a period of intense selling pressure, leaving many wondering if the recent gains were sustainable or if a deeper downturn was imminent. Investors were grappling with a significant correction, with Bitcoin having fallen from its peak of $126,000, and a prevailing sense of “extreme fear” dominated the sentiment.

Analysis
The recent market correction was a classic example of excessive leverage unwinding, leading to “forced liquidations” where automated selling of positions amplified the price drop. Think of it like a domino effect ∞ as prices fell, many leveraged traders were automatically forced to sell their holdings, pushing prices down further in a cascading fashion. The subsequent rebound, however, indicates a shift in market dynamics.
Renewed buying pressure, coupled with improving macroeconomic conditions and sustained institutional interest through Bitcoin ETFs, has provided a solid floor for the recovery. This suggests that while short-term volatility remains, underlying demand is still present, helping the market stabilize.

Parameters
- Bitcoin Price Rebound ∞ Bitcoin has recovered to $91,000, after previously reaching a peak of $126,000.
- Correction Magnitude ∞ The market experienced a steep 30% correction from its recent peak.
- Fear & Greed Index Shift ∞ The index climbed from 11 to 20, indicating a gradual recovery in investor confidence.
- Bitcoin 24-Hour Change ∞ Bitcoin edged up 0.10% in the past 24 hours (as of November 28, 2025).
- Bitcoin Weekly Change ∞ Bitcoin went up by 6.63% in the past week.

Outlook
Looking ahead, market participants should closely monitor Bitcoin’s ability to sustain levels above $91,000. A clean break above the $92,500 ∞ $93,000 resistance zone could signal further upward momentum, potentially targeting the $97,000 level. Key catalysts to watch include potential Federal Reserve policy easing and upcoming developments related to the Ethereum network upgrade, both of which could provide additional tailwinds for the broader crypto market.
