Key Highlights
- Bitcoin (BTC), Ethereum (ETH), XRP, and Solana (SOL) gained 6–11% this week after a sharp capitulation event pushed BTC to $80K.
- BTC reclaimed the Active Investors Mean ($88.6K) but still trades below major reclaim zones and deep supply clusters.
- On-chain and structural metrics show the market remains in a relief rally, not a confirmed trend reversal.
Bitcoin (BTC), Ethereum (ETH), XRP, and Solana (SOL) have staged a broad bounce this week, recovering from last week’s violent flush that briefly dragged BTC to $80K. The rebound looks strong on the surface, with major assets posting positive weekly gains. Bitcoin has climbed back to $91,421, up 7.07% over the past seven days, while Ethereum gained 8.3%, XRP jumped 11.42%, and Solana rose 6.66%
| Asset | Current Price | 7-Day Change |
|---|---|---|
| Bitcoin (BTC) | $91,421 | +7.07% |
| Ethereum (ETH) | $3,016 | +8.30% |
| XRP | $2.19 | +11.42% |
| Solana (SOL) | $139.95 | +6.66% |
The broad bounce is driven partly by:
- dip-buyers entering after panic selling,
- short-term short liquidations, and
- improved weekend liquidity conditions.
However despite the green weekly candles, on-chain resistance remains heavy, as the data suggests the recovery may not yet represent a true trend reversal.
Where does BTC sit?
Bitcoin has recovered to $91,421, reclaiming the Active Investors Mean ($88.6K), a level mid-term holders usually defend during corrections. That’s the one constructive signal in the current setup.

But beyond that, BTC remains well below:
- The prior breakdown zone: $100K–$105K
- The Short-Term Holder Cost Basis: ~$109K
- All major higher-timeframe moving averages
- The previous lower-high structure around $110K+
That combination suggests the bounce is inside a downtrend, not above it.
CryptoQuant CEO Ki Young Ju, noted that Bitcoin’s recent rise has not changed the underlying trend.
Quick look by asset
Here’s a quick take on what each major currency holds for traders and investors.
Bitcoin (BTC)
Reclaiming $90K and AIM is positive.
Still far below its last major lower high → relief rally until $100K–$105K is broken.
Ethereum (ETH)
Now at $3,016 but remains below the $3,300–$3,600 resistance band. No structural reversal unless ETH closes above $3.6K.
XRP
Up 11% this week but still trapped in its multi-month range. The real breakout zone remains $2.5–$3.0.
Solana (SOL)
Recovering to $139, but still capped under $150–$160, a major reclaim band. Trend does not change unless that zone is flipped.
Reversal or dead-cat bounce?
Given the current positioning:
- Last week’s violent dump
- BTC still below major reclaim levels
- ETH, XRP, and SOL still under higher-timeframe resistance
- BTC only back above AIM, but far below STH cost basis
- Heavy supply walls overhead
The market is showing the characteristics of a dead-cat bounce / relief rally, not a confirmed reversal.
It could expand into a true recovery — but as of now, the structure has not shifted.
What would turn this into a real reversal?
For analysts to call this a true trend reversal rather than a relief rally, several conditions must align:
1. Higher highs + higher lows on both daily and weekly timeframes.
2. Major resistance reclaimed and held, including:
- BTC above $100K–$105K
- ETH above $3.6K
- SOL above $160
- XRP above $3.0
3. Strong and rising spot volume, not declining participation.
4. Normalized funding and open interest, avoiding aggressive long leverage.
5. Easing on-chain stress, such as declining realized losses and stabilizing short-term holder metrics.
Also Read: Bitcoin Hits $91K, ETH Floats to $3K Amid Crypto Market Rebound
