A sharp rebound in major digital assets is colliding with stubborn technical resistance, leaving traders to gauge whether the worst of a liquidation-driven sell-off has passed. Bitcoin reclaimed the $82,000 level on October 16 after sliding toward $79,700 a day earlier, while Ethereum fought its way back above $2,360. The recoveries, however, remain hostage to broader market forces that erased nearly $943 million in leveraged positions within a single 24-hour window.

The immediate trigger for the rout was a hotter-than-expected U.S. inflation report. September’s Consumer Price Index showed annual inflation accelerating to 3.7 percent from 3.4 percent, surpassing the 3.6 percent consensus forecast. Core inflation climbed to 2.6 percent….