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📉 The Dump to $100K

• Initial Drop: Bitcoin experienced a ~4–5% dip, falling from around $105–107K down to $100K—triggered by a major $3.7 billion futures open interest liquidation, cooling overheated positions.
• Support Found: Despite the drop, strong buying near the $96–104K zone—particularly around $102–104K—halted deeper declines.
• Market Context: Analysts described this as a healthy reset, clearing speculative leverage and reinforcing bullish fundamentals.

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📈 Rebound Begins (~$102K to ~$110K)

• Buy the Dip Reaction: Traders stepped in around $102–104K support, drawing from short-term realized price levels (average cost basis).
• Momentum Shift: A sharp recovery pushed BTC above $107K, stoked by ongoing ETF inflows and renewed institutional demand.
• Resistance Retest: Price flirted with $110K, crossing it intraday and signaling renewed bullish sentiment.

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🔁 Rally Toward ATH and Retest of $112K

• Breakout to New Highs: Bitcoin surged past $110K and approached the ATH ~112K, triggering a short squeeze as leveraged shorts were forced to cover their asses.
• Partial Retake of ATH: The high hovered near $111–112K but met resistance—seen as a test of market strength.
• Consolidation Phase: After testing the ATH, price settled in the $108K–$110K range. Intraday volatility peaked between about $107K–$110.3K.

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⚖️ Technical & On‑Chain Context

• Key Support Zones: $102–104K and $100K resisted deeper corrections, supported by liquidation and short-term holder metrics.
• Overhead Resistance: The $110K mark acted as a pivot, with $112K marking the psychological ATH zone.
• RSI & EMA Signals: Momentum indicators remained clearly bullish, though short-term overbought signals suggest caution.

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🔮 What Comes Next?

🔺 Bullish Scenario

• Consolidation above $108K–$110K could pave the way for a breakout above $112K, potentially targeting $115K–$120K .

🔻 Bearish Scenario

• If OTP holds below $107K–$108K, we might see a test of $104K, or deeper support around $100K, which historically has acted as a major floor.

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✅ Summary Table

📅 Date	📉 Action	📊 Price Range
Day 1	Liquidation-led dip, strong buy dip	$107K → $100K
Day 2	Buy-side recovery, retest near $110K	$102K → $110K
Day 3	ATH retest & consolidation	$110K → ~$112K peak

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🧩 Takeaway

The past three days have showcased a textbook “healthy correction → rebound → ATH retest” cycle. Sentiment remains overwhelmingly bullish, with institutional flows and leveraged positioning pushing toward new highs—though a sustained break above $112K is still needed to confirm the next leg up.