BTC rebounds 0.95% in 15 minutes: technical repair and liquidation pressure release drive short-term rebound

From 03:45 to 04:00 (UTC) on June 26, 2026, BTC rebounded 0.95% in 15 minutes, with the price rising from 59478.9 USDT to 60128.3 USDT, an amplitude of 1.09%. The price had dropped to $58,995 the previous day, hitting a new low since October 2024, and short-term oversold conditions triggered technical rebound momentum.

The main drivers of this fluctuation are the concentrated release of technical repair demand and liquidation pressure. The price received buying support when testing the psychological level of $60,000, and the rebound momentum accumulated during the previous consecutive declines erupted at key technical levels. Meanwhile, 82% of long positions were forcibly liquidated during June 25-26. After the significant clearing of high-leverage longs, the remaining short covering demand and bargain-hunting buying formed a short-term balance at the support level.

In addition, the phased slowdown of whale activity provided room for the rebound. CryptoQuant data shows that the net inflow of whales to exchanges peaked in mid-June and then fell back on June 25-26, easing the phased selling pressure. At the same time, long-term holders and some whales continue to accumulate coins. On-chain data shows that the 'shark' tier holding 100-1,000 BTC is showing buy-the-dip behavior, providing support for the price.

On the risk side, institutional capital outflow pressure remains unresolved. The spot Bitcoin ETF has seen net outflows of over $6 billion in the past 30 days, setting a record for the longest consecutive net outflow streak; the Fed's dot plot has shifted toward strengthening rate hike expectations, and macro liquidity continues to tighten. The technical moving average system remains bearish, and the rebound height may be limited. Attention should be paid to the effectiveness of the $60,000 support and changes in ETF capital flows.