Bitcoin (BTC) has declined 22.5% over the past month. The coin briefly dipped to its lowest level in over a year last week before rebounding. The pullback has intensified debate around historical cycles, technical indicators, and on-chain data that could signal where Bitcoin’s current bear market will finally bottom. As uncertainty rises, several analysts are now focusing on key price zones below $40,000. Bitcoin Bottom Prediction: Analysts Point to Key Levels BeInCrypto Markets data showed that the lar ...

Core Viewpoint - Ethereum (ETH) has experienced volatility, recently dropping below $3,000, prompting analysts to explore potential bottom scenarios for the cryptocurrency market [1][2]. Price Performance - Ethereum's price has declined by 1.67% in the last 24 hours, trading at $2,970.87 at the time of reporting [2]. - A successful move above the $3,000 to $3,050 range could lead to a target of $3,200, while failure to reclaim this area may result in new yearly lows [3]. Analyst Insights - A CryptoQuant analyst noted that the realized price of Ethereum accumulation addresses is rising and nearing the spot market price, indicating that large investors (whales) are accumulating rather than selling [4]. - The realized price serves as a strong support level for accumulation whales, suggesting that they are likely to defend this price zone by increasing buying activity [5]. - Estimates indicate that even with further declines, a potential bottom for Ethereum could be around $2,720, representing a 7% difference from the current price [6]. Technical Analysis - Trader Kamran Asghar identified that ETH has formed its third "huge weekly rounded bottom," which historically has been followed by price rallies, indicating potential upside [6]. - Other analysts, including Bit Bull, have observed a double bottom structure and an inverse head-and-shoulders pattern on the monthly chart, both of which are considered bullish reversal signals in technical analysis [7].

Core Insights - Bitcoin has broken out of a six-week bearish price pattern, trading near $91,300 after overcoming long-standing resistance, indicating a potential trend change as institutional investments continue to flow in through ETFs despite global tensions [1][2] Group 1: Price Action and Market Sentiment - The breakout from the bearish pattern resets investor psychology, with buyers showing renewed conviction after weeks of hesitation [2] - Bitcoin entered 2026 with strong momentum, supported by spot Bitcoin ETFs and corporate treasuries absorbing supply, which influences how quickly pullbacks are bought [2][4] Group 2: Technical Analysis - Bitcoin escaped a six-week descending wedge, indicating that sellers have lost control and buyers have pushed prices higher, which is significant for technical traders [4] - On-chain data reveals that large holders have reversed recent selling, purchasing approximately 10,000 BTC after the price cleared $90,000, absorbing selling pressure from miners and short-term traders [4] Group 3: Institutional Support - Spot Bitcoin ETFs are crucial as they require providers to buy real Bitcoin when investors purchase ETF shares, with U.S. crypto ETFs attracting $5.95 billion during peak inflow periods in 2025, contributing to Bitcoin's price increase above $125,000 last year [6] - The presence of corporate treasuries, which held over 1 million BTC by the end of 2025, indicates a stable demand as these entities tend to hold rather than sell, leading to quick buying during price dips near $90,000 [7] Group 4: Market Dynamics - Increased selling by miners as prices rise can impact momentum, with miner outflows exceeding 600 BTC in a single day, which may slow down bullish phases [8]

Core Insights - Cardano (ADA) has entered an "Extreme Buy" zone as its Market Value to Realized Value (MVRV) ratio has decreased amid ongoing market volatility [1][4] - Conflicting signals are emerging, creating a challenging environment for investors, with technical indicators suggesting potential further downside [1] On-Chain Data and Market Performance - The majority of top cryptocurrencies are showing significant negative returns, with Cardano investors facing some of the steepest losses; the 30-day MVRV ratio for Cardano has dropped to -19.7% [2][4] - MVRV is a critical metric that indicates whether a cryptocurrency is overvalued or undervalued; a ratio below 1 signifies that holders are generally at a loss, marking undervalued periods [3][4] Fundamental Growth and Market Sentiment - Cardano's fundamental growth remains steady, with the number of holders surpassing 3.17 million and 348 million altcoins purchased in early November [5] - Public interest in the crypto sector has declined to its lowest level since June, which has historically preceded notable investment opportunities [5][6] Price Performance and Outlook - Cardano's recent price performance indicates a cautious outlook, with the token having fallen 25.6% over the last month and breaching a key support level at $0.50 [7] - Currently, ADA is trading near $0.46, reflecting a 4.72% decline over the past 24 hours [7]

Market Overview - The global cryptocurrency market capitalization has increased by 3.0% to reach $3.85 trillion, with total trading volume in the past 24 hours climbing to $160 billion, indicating renewed momentum across major digital assets [1][8]. Top Cryptocurrencies Performance - Seven of the top ten cryptocurrencies by market capitalization have posted gains in the past 24 hours, with Bitcoin (BTC) rising 0.4% to $110,796, extending its weekly gain to 3.5% [3][8]. - Ethereum (ETH) increased by 0.1% to $4,039, with a weekly gain of 3.6% [3][8]. - Binance Coin (BNB) rose 0.5% to $1,119, while Solana (SOL) gained 0.3% to $192.83 [4]. - XRP climbed 0.3% to $2.46, and TRON (TRX) was up 0.1% at $0.324 [4]. - On the downside, Dogecoin (DOGE) slipped 0.1% to $0.2006, and Cardano (ADA) fell 0.5% to $0.67 [4]. Market Sentiment and Trends - The overall sentiment remains cautiously bullish as Bitcoin holds above the $110,000 threshold, with most major altcoins stabilizing near weekly highs [5]. - Bitcoin's sluggish recovery is attributed to long-term holders cashing out, with analysts noting that this wave of profit-taking is the main resistance keeping Bitcoin below key price levels [6][8]. Ethereum Analysis - Ethereum is currently facing short-term caution but is expected to show long-term strength, according to NoOnes CEO Ray Youssef, who noted that Ethereum's price action is at a crossroads of technical uncertainty and strong fundamentals [7][9]. - The Fear & Greed Index has dropped to 30, indicating fear in the market [8]. - US Bitcoin ETFs experienced outflows of $366.6 million, while US Ethereum ETFs saw outflows of $232.3 million [8].

Core Insights - Bitcoin's price has been trading sideways, struggling to break resistance at $115,892 while finding support near $111,098, but analysts see potential for recovery towards $120,000 in the near term [1] Group 1: Market Structure and Exchange Flows - Bitcoin's market structure remains strong despite recent challenges, supported by a rise in exchange-to-exchange flows on Binance, indicating increased activity among large traders and institutions [2][4] - Exchange-to-exchange flows have surged 125% over the past week, suggesting heightened trading activity [3] - The increase in flows since early October implies renewed activity among large players, interpreted as neutral to slightly positive, indicating liquidity redistribution rather than selling [5] Group 2: Price Recovery and Technical Analysis - Following a sharp drop on October 11, Bitcoin has stabilized around $110,000, with current flow volumes indicating a healthy recovery compared to the sell-off [6] - The price structure is forming higher lows, with a low probability of revisiting the October 11 low, and a confirmed breakout above $115,000–$120,000 could trigger further upward momentum [6] Group 3: Retail Investor Sentiment - There is a notable accumulation trend among Short-Term Holders (STHs), indicating renewed retail confidence despite recent liquidation events that caused trader reluctance in the futures market [7]

Core Insights - Dogecoin (DOGE) has experienced a modest 5% rebound following a price crash to a September 2024 low during the Black Friday sell-off, but this recovery may lack genuine investor demand [1][2] - On-chain data indicates a steady decline in new demand for DOGE, with a 40% drop in unique addresses interacting with the asset since the Black Friday event [2][4] - The increase in DOGE's liveliness suggests that long-term holders are taking the opportunity to sell their holdings, raising the likelihood of a near-term price correction [4][6] Market Activity - The number of new addresses for DOGE transactions has decreased significantly, with only 18,251 unique addresses recorded recently compared to 30,534 during the Black Friday liquidation [2][4] - DOGE is currently trading below its 20-day Exponential Moving Average (EMA) of $0.249, indicating bearish control and a potential downward trend towards the next support level at $0.167 [7][8] Investor Behavior - The liveliness metric for DOGE has been rising, indicating that long-term holders are moving or selling their assets, which typically signals profit-taking rather than accumulation [5][6] - Without renewed buyer interest or increased network activity, the current price rebound may not be sustainable, putting DOGE at risk of further declines [4][8]