Bitcoin has surpassed $92,000, showing that buyers are still willing to participate, but the gains are starting to come under selling pressure. ETF flows suggest institutions are taking a cautious approach, with about $1.37 billion leaving spot Bitcoin ETFs between Tuesday and Friday last week, according to SoSoValue. This hesitation was echoed by Fidelity’s global macro director. Jurien TimmerHe pointed out that Bitcoin is now tracking an internet-style adoption curve rather than an aggressive power law movement. He warned that if BTC takes its time to consolidate next year, the $65,000 area could become an important long-term line in the sand. Nonetheless, long-term confidence remains strong among corporate buyers. strategyThe world’s largest public Bitcoin holder added 13,627 BTC last week at an average price of just over $91,500, bringing its total holdings to over 687,000 BTC.
On the DeFi front world free finance We entered the on-chain lending space with the launch of World Liberty Markets. The platform allows users to lend and borrow cryptocurrencies using collateral such as ETH, tokenized BTC, and major stablecoins, signaling new confidence in on-chain trust as regulatory clarity improves. The move follows World Liberty’s application for a national trust bank charter in the United States. It aims to support widespread use of USD-based stablecoins for payments and treasury operations.
Macro uncertainty is also influencing the cryptocurrency story. Criminal investigation involving Federal Reserve Chairman Jerome Powell Political noise was added to the traditional market. While this may lead to short-term volatility, analysts argue that deeper trust in central banks could strengthen Bitcoin’s appeal as a non-state asset. Regulatory winds in Asia are also changing. Korea Financial Services Commission It is preparing to overturn a ban that has been in place since 2017 and allow companies to invest up to 5% of their equity in digital assets. Meanwhile, Ethereum co-founder Vitalik Buterin emphasized that Ethereum must be quantum-resistant, scalable, and resilient enough to operate securely without ongoing core developer intervention.
The broader cryptocurrency market is cautiously constructive but far from risk-free. While it is encouraging to see Bitcoin holding above $92,000, repeated ETF outflows suggest that bulls may continue to face selling pressure in the near term. A sustained move above the mid-$90,000s is needed to shift momentum back to a bull market. Until then, choppy price action and box-bound trading are likely to continue. Although Ethereum’s long-term fundamentals continue to strengthen, its price will still be influenced by macro sentiment and broader market risk appetite. Regulatory developments in Asia are clearly positive for long-term adoption and institutional participation. Political and financial uncertainty in the United States may increase volatility across risk assets. In such an environment, Bitcoin could benefit from a non-sovereign narrative, but patience will be needed. Traders must remain selective, manage risk tightly and look for confirmation before chasing breakouts.
Bitcoin pulled back from the $94,789 resistance level but found firm support at the moving average, showing that buyers are entering the downtrend rather than rushing out. This kind of price action suggests demand is still healthy, even at low levels. Bulls will now try to regain momentum by pushing BTC above $94,789. A clear break and close above this level could open the door for a move towards the psychological $100,000 mark, followed by an extension to $107,500. If that were to happen, it would be a sign that the recent correction may have passed. However, if BTC is rejected again at $94,789 and falls below the moving average, we can see that sellers are still active in the rally. In this case, the Bitcoin price could continue to hover between $84,000 and $94,789 as the market awaits a stronger catalyst.
Ether has rebounded near $3,088 at the 20-day EMA, indicating that buyers are defending this short-term support. This bounce shows growing confidence among bulls who are now looking to push ETH above the triangle resistance line. A break above this resistance could tilt the momentum in favor of buyers and lead the uptrend towards $3,569, with $4,000 likely next. In other words, ETH is not out of danger yet. If the price falls due to resistance and falls below the moving average, it signals indecision and continued range trading. A break below the triangle support could give the bears control and send Ether down to $2,623.
BNB continues to trade at $928, a narrow range between the moving average and overhead resistance, reflecting the balance between buyers and sellers. The rise in the 20-day EMA near $887 and the positive RSI suggest that buyers have a slight advantage. If BNB breaks above $928, a bullish ascending triangle could be confirmed and trigger a strong rally towards $1,066. Conversely, failure to hold above the moving average may show that sellers are aggressively defending higher levels. That scenario could push BNB back to its uptrend line and possibly down to the $790 support area.
Bitcoin will remain constructive as long as it remains above the moving average, with $94,789 acting as a key breakout level. A break above this resistance could quickly attract momentum traders targeting $100,000 and above. Failure of resistance will keep BTC in a wide range, favoring short-term range trading. Ethereum looks slightly stronger with buyers defending the 20-day EMA and fighting against triangle resistance. A breakout in ETH could result in a faster upside compared to Bitcoin in the short term. However, traders should remain cautious until ETH confirms its strength by closing the daily price above the resistance level. BNB is coiling for a bigger move and the tightening range suggests a breakout could be near. As long as the price remains above the rising 20-day EMA, the bulls have the upper hand. A firm break above $928 could trigger aggressive trend-following buying. Overall, the market is cautiously bullish, but confirmation through key resistance levels is still needed before increasing risk exposure.
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