Bitcoin rebounded from $74.5k and is already trading about +5.5% higher. The market is still nervous, but technically a short-term relief-rally scenario is forming.
📊 What’s happening with price
— A huge CME gap has formed: ~$77.4k → ~$84.4k
— The largest gap of the cycle and the biggest weekend move in months
— Historically, such gaps tend to get filled, making the $84k–$85k zone a magnet
🧲 Liquidity points the route
— A cluster of sell orders around $80k
— The next major pool sits just above $85k
— A break above $80k = risk of a short squeeze that could quickly push price higher
📐 Fair Value Gaps
Titan of Crypto notes:
— first FVG: $79k–$81k
— second FVG: $84k–$88k
If the recovery continues, price most often gravitates to these zones.
💸 ETFs show signs of life again
— +$561.9m inflows into spot Bitcoin ETFs
— The first inflow day of February already surpassed all of January
— No ETF recorded outflows
This is a classic signal: institutions are buying fear.
😱 Sentiment at the bottom
Santiment records maximum FUD since November 2025.
Historically, such points often produce relief rallies.
Plus, the MVRV Z-score is at all-time lows, typically aligning with “fire-sale” zones.
📌 Conclusion
This is not a cycle reversal, but a technical bounce.
As long as price stays below key MAs, it’s a liquidity-and-fear trade.
$80k → $85k looks like a logical path if shorts start getting squeezed.
