Extend Losses as Bitcoin’s $91K Support Back in Focus
The post Extend Losses as Bitcoin’s $91K Support Back in Focus appeared on BitcoinEthereumNews.com.
Bitcoin hovered around $92,000 on Friday after another failed attempt to break above $93,000 overnight, extending the choppy, directionless structure that has defined the past several sessions. The move reinforces the same pattern that has held since late November of sellers defending the mid-$93,000s, buyers stepping in near $91,000, and neither side gaining enough momentum to establish a clear trend. The one-month chart shows BTC still locked inside a descending structure from early November’s highs, with the latest rebound producing another lower high. Price peaked near $93,500 before rolling over, keeping the broader corrective pattern intact. Momentum remains soft, and intraday recovery attempts are fading quickly — a sign that liquidity is still thin above current levels. A clean break below $91,000 would expose the next support pocket at $90,000–$90,500, while bulls need to reclaim $93,200 to invalidate the short-term downtrend. Large caps were mixed heading into the weekend. Ether traded around $3,150 after modest overnight losses, while solana slipped 4% and XRP fell nearly 5%. Cardano was down about 2%. Market-wide capitalization added roughly 1% in the past 24 hours to sit near $3.2 trillion, continuing a slow recovery that began nearly two weeks ago following a seven-week downturn. ETH led major assets over the past week with gains of more than 5%. Zcash also outperformed with a strong move earlier in the session. ETF flows showed clear divergence. Spot bitcoin products saw net outflows of $14.9 million, while ether funds recorded a $140.2 million inflow, suggesting fresh capital rotated from BTC into the Ethereum ecosystem. Liquidation data across the past day shows BTC with nearly $45 million in long liquidations and $50.7 million in shorts. ETH, meanwhile, saw over $103 million in short-side liquidations — a sign that traders betting against ether were caught leaning the wrong way…
Filed under: News - @ December 5, 2025 7:22 pm