BTC +197.21% in 24 Hours on Short-Term Volatility Surge

Bitcoin surged 197.21% in the last 24 hours as of SEP 2 2025, reaching $111,480, driven by a sharp reversal in short-term market sentiment. This rapid gain followed a 104.4% drop over the previous seven days, highlighting the asset’s high volatility in the near term. While the longer-term trends remain positive—with a 290.57% increase over one month and 1,903.88% over the past year—the recent 24-hour rebound has reignited speculative interest among traders and institutional participants.

The price action reflects a classic overcorrection pattern, where extreme short-term losses trigger rebalancing and buying activity from algorithmic and discretionary traders. On-chain data indicates increased activity in the $100,000 to $110,000 range, with large whale movements and a reduction in short positions contributing to the upward momentum. Analysts project that continued inflows into Bitcoin could extend the current rally, especially as market participants look to lock in gains from the broader bullish trend.

Technical indicators suggest a potential continuation of the upward trajectory. The 50-day and 200-day moving averages are aligned in a bullish configuration, with price currently above both. The RSI has moved out of the oversold territory, signaling a reduction in downward pressure. Meanwhile, the MACD line crossed above the signal line, reinforcing the likelihood of a near-term upswing. Traders have been closely monitoring volume patterns, noting a recent increase in buying pressure that supports the view of a short-term recovery phase.

The confluence of these technical signals has prompted several market observers to reassess their near-term outlooks. While the 7-day decline of over 100% initially triggered defensive strategies, the reversal has led to a shift in positioning. Institutional traders are now more active in the options space, with calls at the $115,000 and $120,000 levels seeing increased open interest. This suggests expectations of further upside in the coming weeks, though volatility remains a key factor to monitor.