Global markets, including Bitcoin, U.S. equities, gold, and silver, experienced a sharp rebound following a significant sell-off. According to NS3.AI, this recovery was driven by technical buying and a reduction in macroeconomic fears. The rebound came after a major deleveraging phase that alleviated excess leverage and reduced forced selling pressure across various markets. Positive U.S. consumer sentiment data further fueled hopes for a near-term Federal Reserve rate cut, contributing to the short-lived recovery. However, this does not indicate a long-term trend reversal.