Institutional funds entering at a low have driven Bitcoin to rebound 11% from its low, returning above $65,000

Bitcoin has rebounded after experiencing a sharp decline, with the price once rising above $65,000, rebounding approximately 11% from the previous low of below $60,000. The market had previously undergone a large-scale deleveraging in a short period, with Bitcoin's pullback from its historical high of about $126,000 in October 2025 expanding to around 50%.

Institutional funds are considered an important support force for this round of rebound, with the overall risk exposure of crypto hedge funds significantly increasing. The U.S. spot Bitcoin ETF recorded a record trading volume despite a certain net outflow, which is seen by the market as a clear buying on dips behavior. Analysts point out that the $58,000-$62,000 range constitutes an important short-term support zone, with around $58,000 corresponding to a key long-term moving average level. If the price maintains above this range, it may signal a short-term phase low.