NewsSignals AI analysis·Oliver Knight·Nov 4, 2026

Bitcoin rebounds from midterm dip as DeFi leads gains

Grade Abullish AI signal$BTC$ETH$INJ$ZEC$NEAR$DFX$VVV$GRASS$BONK$MORPHO$ENA$PEPE$TRUMP$WLFI

Bitcoin recovered from an early dip to around $75,600, climbing back above $78,000 as cryptocurrencies rebounded and DeFi tokens led the market gains. Ethereum gained 2%, the DeFi Select Index surged around 5%, and Injective advanced 6.2%, while Bitcoin derivatives showed a modest buying bias and liquidations reached $469 million. Continued buying interest and strengthening DeFi momentum could support further crypto gains, although Friday's U.S. jobs report could trigger renewed volatility.

Bullish strength: 70/100

Bitcoin recovered from approximately $75,600 to above $78,000.
Ethereum gained 2% and outperformed Bitcoin.
DeFi Select Index advanced around 5%, with Injective gaining 6.2%.
Market-wide taker volume ratio flipped to a buying bias of 51.6%.
Bitcoin options downside protection demand faded as volatility and skew declined.

Bearish strength: 30/100

Liquidations increased 22% to $469 million.
Crypto market sentiment remained in fear territory at 37.
Ether options activity showed greater demand for puts than calls.
Fresh questions over crypto legislation followed Democratic control of Congress.

This is automated NewsSignals analysis of third-party reporting, not independent original reporting or investment advice. AI scores are not price predictions.

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