Market Overview - Bitcoin's recent rebound above $90,000 is attributed to short covering and dip buying, indicating a year-end risk reset rather than a crypto-specific surge [2] - The broader market influences cryptocurrency, with persistent inflation, weakening labor data, and credit risks in AI-linked equities complicating the current relief rally [3] Bitcoin and Ethereum Analysis - ETF outflows are a significant headwind for Bitcoin, with prediction markets suggesting it will remain capped near $92,000 through the end of November, reflecting a rangebound trading tone [4] - The likelihood of Bitcoin reaching $96,000 or higher is in the single digits, with support clustered between $80,000 and $82,000, indicating sideways trading unless macro conditions change [5] - Bitcoin is currently trading in a tight band around the low $90,000s, with short covering lifting prices from last week's lows, while Ether is hovering just above $3,000 but struggling to gain momentum [6] Gold Market Insights - Gold prices are consolidating around $4,150 to $4,170, driven by falling rates, a weaker dollar, and rising uncertainty, as investors seek gold as a diversifier amid geopolitical tensions [7]