Which dip exactly? The dip of the dip? And is that the final one before the next leg up?

📈 Bitcoin Snaps Back Above $106K

• Bitcoin BTCUSD surged more than 1.7% early Monday, climbing above $106,000 per coin after briefly plunging below $99,000 last week in one of its most volatile stretches since June.
• The rebound comes as traders rushed to buy the dip following a weekend drenched in fear, liquidation, and leveraged losses. The move restores some calm to crypto markets that had shed more than $400 billion in total value during the selloff.
• Bitcoin’s latest push coincides with broader relief across risk assets after the US Senate took a major step toward ending the government shutdown, which has frozen economic data releases for weeks.

💥 Ethereum Leads the Recovery Charge

• Ethereum outperformed Bitcoin, soaring nearly 20% from Thursday’s low of $3,000 to trade above $3,600 early Monday.
• The rebound in ETH follows renewed optimism around institutional flows into spot Ethereum ETFs, especially after last week’s heavy outflows.
• As we’ve seen many times before, smaller-cap altcoins tend to rebound faster after deep pullbacks — though just as quickly as they rally, they can stumble.