Bitcoin has stabilized above $113,000 following a 2.3% decline on Monday, which was triggered by a $1.7 billion liquidation event. The drop was attributed to high leverage and reduced trading volume after the Federal Reserve's rate cut. Retail and whale investors have played a crucial role in supporting Bitcoin's recovery, with large holders accumulating 56,000 BTC since late August. Technical analysis identifies $112,500 as a critical support level for Bitcoin. Market sentiment remains optimistic, bolstered by low interest rates and strong institutional demand, which are expected to drive robust performance in October.