BTC surged 0.97% in 15 minutes: oversold rebound and late-stage deleveraging trigger technical repair.

June 26, 2026, 13:30-13:45 UTC, BTC completed a +0.97% short-term rebound within 15 minutes, with the price recovering from 58,842.5 USDT to 59,503.5 USDT, a range of 1.12%. This period was part of a repair process after the previous day's break below the $60,000 psychological level and a 21-month low of $58,995, with market attention heating up significantly and volatility increasing.

The main driver of this move was technical oversold rebound demand. BTC fell sharply on June 25 and lost the 60,000 USDT integer level, with the short-term RSI entering the oversold zone, creating repair momentum. At the same time, the deleveraging cycle entered its final stages — a total of $1.265-1.4 billion in liquidations occurred in the market over the past 24 hours, of which BTC liquidations exceeded $413 million, with 82% being long positions. Fragile leverage was largely cleared, and selling pressure was temporarily released.

Second, short-term support triggered short covering. The 59,000-60,000 USDT range, as a key technical support level, attracted short-term buyers after being tested, pushing prices upward in a correction. Additionally, despite the price decline, on-chain activity remained near all-time highs, and the underlying strength of the network was not fundamentally damaged, providing some fundamental support for the technical rebound. However, macro and capital-side bearish factors such as persistent ETF outflows (over $6 billion in the past 30 days), a strong US dollar index (reaching 101.8 on June 25), and whales net selling 45,074 BTC over 8 days have not changed.

The current rebound is an oversold repair rather than a trend reversal. Going forward, attention should focus on the recovery of the 60,000 USDT level and signals of a reversal in ETF capital flows. Short-term volatility risks remain, and it is recommended to monitor changes in key support and resistance levels.