Bitcoin has rebounded strongly, regaining levels above $101,000 after filling an imbalance at $98,000, according to market observations on June 23, 2025. The cryptocurrency showed a daily reversal off critical support, forming a potential bullish flag pattern on the one-day chart. This recovery led to the liquidation of billions in positions and sparked optimism about further upward momentum. Ethereum also experienced a notable bounce back during the same period, contributing to a broader cryptocurrency market recovery.