Sunday Crypto Market Bounce Amid Seller Exhaustion, Thin Liquidity and $206M in Liquidations
Crypto markets climbed Sunday as Bitcoin flashed an extreme oversold signal and more than $200 million in liquidations helped ease selling pressure across major tokens.
Bitcoin traded near $86,466 as of 1:36 p.m. UTC, rising about 2.7% from where crypto analyst Ali Martinez highlighted the move earlier in the day. Martinez said at 11:19 a.m. UTC that Bitcoin had fallen into “extreme oversold territory” on the relative strength index, a momentum indicator that measures the pace of price changes from 0 to 100. Traders often view readings below 30 as signs that sellers may have pushed the market too far, too quickly.
The chart he shared showed that Bitcoin’s last two dips into this zone in 2023 and March 2025 were…
