Bitcoin is showing signs of recovery after enduring weeks of selling pressure that culminated in a sharp flash crash on October 10, when the price briefly dipped to around $103,000. Since then, BTC has rebounded modestly, now testing resistance near $111,000, a zone where sellers have historically stepped in. Despite the bounce, market sentiment remains fragile, with traders hesitant to call a clear bottom.

According to top analyst Darkfost, Bitcoin may be entering a new phase of disbelief — a stage often seen at the end of major corrections, when investors struggle to trust any sign of recovery. This shift is becoming increasingly evident in the derivatives market, particularly through funding rates, which reflect trader positioning and market bias.

On Binance, which still dominates glo

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