We examine perceptual disambiguation and crossmodal interactions by considering the effect of recent perceptual history on stream-bounce perception. First, we tested the assumption that the audio-visual stream-bounce effect (visual-only trials mostly stream, whereas audio-visual trials mostly bounce) reflects some intrinsic preference for streaming that is broken by sound. Instead, we found that for naïve observers, visual-only stimuli are bistable and bias free. In intermixed trials, sound acts as a polarizing factor (rather than a bounce-inducing factor) and has as much effect on visual-only trials as it does on audio-visual trials. Second, temporal context exerts a comparative influence and exposure to audio-visual stimuli influences responses to visual-only stimuli and vice-versa. Finally, there is a serial dependence in responses and the current stimulus (unisensory or multisensory) is interpreted with a bias to recent interpretations. Recent perceptual history exerts a substantial influence on the perception of stream-bounce stimuli. This influence occurs in the unisensory case and is in line with an extensive literature on visual bistability; it extends to the multisensory case, and there are interactions between the 2 cases. Our combined findings support a role for top-down interpretational influences in the stream-bounce effect and stream-bounce perception more generally. (PsycInfo Database Record (c) 2021 APA, all rights reserved).