The post Bitcoin Price Rally May Need to Wait as Bearish Cross Looms appeared on BitcoinEthereumNews.com.

Bitcoin’s November start has once again disappointed traders. The price has dropped 2.4% in the past 24 hours and is down 6.2% over the past week. While the market has been stuck in a pattern of short rebounds and deeper pullbacks, on-chain data now points to another dip, possibly significant, before the next rally phase begins. Sponsored Sponsored NUPL Suggests the Market Bottom Isn’t Fully In The Net Unrealized Profit/Loss (NUPL) metric shows how much profit or loss Bitcoin investors are holding. When NUPL values drop sharply, it signals that holders are losing incentives to sell — often setting up the next bottom. Currently, Bitcoin’s NUPL sits at 0.47, the lowest level since April 8, when it fell to 0.42. During that earlier cycle, Bitcoin’s NUPL declined in three stages — 0.48 on February 26, 0.44 on March 10, and 0.42 on April 8 — before Bitcoin rallied from $76,000 to above $125,000. Bitcoin NUPL Needs To Drop Lower: Glassnode Want more token insights like this? Sign up for Editor Harsh Notariya’s Daily Crypto Newsletter here. This time, the metric started falling in late October. And the current reading matches the first stage of that earlier drop, the level on February 26. If this structure repeats, the next leg lower — toward 0.42–0.44 — could occur by early to mid-December, marking the next accumulation phase before a recovery takes hold. As NUPL drop involves shaking out the weak hands, it might be followed by a steady BTC price drop. And that looks likely, now! Sponsored Sponsored Bearish Crossover Could Be the Trigger — and It’s Happening Now A “bearish crossover” happens when a short-term exponential moving average or EMA (like the 50-day) crosses below a long-term one (like the 100-day). On Bitcoin’s daily chart, this crossover is forming right now — and…

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Filed under: News - @ November 4, 2025 5:27 am