Price Rebound: Bitcoin snapped a aggressive losing streak by surging back above the psychological $70,000 level on Friday afternoon into Saturday. Ethereum recorded its largest one-day percentage gain since October 2025 (+11.13%).
1. Liquidation Slowdown: After a historic $2.51 billion wipeout on February 5-6, forced liquidations have begun to taper as the market finds a temporary floor.
2. External Catalysts: The recovery was largely fueled by a rebound in global technology shares and precious metals as risk assets stabilized following a volatile week.
3. Diverging Trends: While major assets like BTC and ETH rallied, some high-beta assets like Solana (SOL) continued to see negative 24-hour pressure, dropping roughly 7.5% as capital rotated back into more established assets.
