Bitcoin pushed back above the $91,000 mark on Sunday, extending the early-2026 recovery seen across major cryptocurrencies. Ether, Solana, and Cardano also moved higher, supported by improving risk sentiment as fresh geopolitical developments tied to Venezuela entered the spotlight.
The world’s largest cryptocurrency was trading near $91,300 during Asian hours, gaining roughly 1.4% on the day and more than 4% over the past week. The advance came after a sharp, liquidation-driven selloff earlier in the week, which flushed out overleveraged positions and helped reset short-term market positioning.
Futures data showed that around $180 million worth of positions were liquidated in the last 24 hours, with short positions accounting for the bulk of the wipeout at approximately $133 million, while long liquidations stood near $47 million.
At the time of writing, BTC was trading at $92,933.
BTC witnessed a sharp fall after making an all-time high of $126,199. The price plunged by nearly 36% to a low of $80,600. The asset found support near $80,000, and the long lower shadow around this level indicated strong buying interest. BTC then staged a relief rally of around 17% to $94,588. Following this move, the asset entered a consolidation phase, trading sideways within a range of $84,000 to $94,000 on declining volumes.
BTC has traded in the green for the past five consecutive days, forming a “higher high, higher low” pattern. However, to sustain a broader rally, it needs to break above and hold the key resistance levels of $95,000 and $100,000.
Key Levels:
| Support 2 | Support 1 | Asset | Resistance 1 | Resistance 2. |
| $80,000 | $85,500 | BTC | $95,000 | $100,000 |
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