Yesterday, bitcoin price saw a sharp downside correction below USD 32,500 and USD 30,000. BTC corrected over 15% before it found support near USD 29,000. Recently, it started a fresh upward move and it is currently (05:00 UTC) trading well above USD 30,000.
Similarly, there was a strong pullback in many major altcoins. ETH/USD corrected over USD 250 to USD 900 before recovering above USD 1,000.