Crypto sentiment index sinks to lowest score since February

Usual is holding an open talk (AMA) about the new UIP-11 proposal before the big vote. This can matter for price, because the way users and the team respond will shape the future of the protocol. If the questions are answered well and the community likes the changes, price can go up. If there is confusion or worries about the new plan, price could stay flat or fall. The AMA is a signal for trader feeling (sentiment), so listen for what users say and do. source

The new Xertra Passport gives easy, single access across many parts of the Xertra ecosystem. This can help bring more users to the project, making life easier for both new and current users. If Passport increases activity or new partnerships, then demand for STRAX may also grow, which could make the price move up. However, if users do not find value in the new system or problems come up, there might be little price impact. Success depends on how well the Passport works and how people use it. source

WOOL is cutting its total supply from 100 billion to 10 billion. This change makes WOOL much more rare. Lower supply usually makes prices go up if demand stays the same or grows. People can claim old WOOL until January 2026, and the big launch comes early 2026. This move could attract traders who like scarcity, as there will be fewer tokens in the market. However, if users lose interest or new rules are not trusted, price excitement may not last. More news will affect price reactions. source

Ki Young Ju from CryptoQuant laid out the cleanest roadmap for Bitcoin today, saying that capital is still flowing into the asset, and that is the most important thing. For him, it is OG whales who just need to stop selling, and macro sentiment only has to lighten up a bit for Bitcoin to rebound anytime. 

Right now, BTC trades near $96,000, down from $105,800 earlier this week after a 10% lose in just three days.

Ju's first trigger is backed directly by data. Realized cap climbed to $1.12 trillion, the highest level ever recorded, and that number only rises when new buyers take coins at higher prices, so even with spot dropping more than 10% in three days, deeper capital kept coming in. Over the last week alone, estimated inflows sit between $2.6-3.1 billion, which historically does not match a real trend breakdown.

The second trigger is the OG whale flow, and they are already easing the pressure. According to Glassnode, long-term holders moved 24,000-27,000 BTC per day this month on a 30-day average, up from 12,500 BTC/day in July, but the part that matters is fading intensity. Those huge 1,000-1,400 BTC per hour transfers from 7+ year wallets that dominated headlines already slowed this week.

Old coins are still active, but the peak pressure appears to have passed, and in previous cycles, this exact cooldown marked the start of price stabilization.

And...finally

The third trigger sits outside on-chain data. Bitcoin fell from $114,000 to the mid-$90,000s, while dollar strength and real yields pressed risk assets across the board. Ju’s point is that if macro sentiment stops tightening — even by a small margin — the combination of inflows and reduced whale selling gives Bitcoin enough fuel for a recovery without a special catalyst.

Stripped to the core, the message is that the structure underneath the pullback is intact, the drivers needed for a rebound are measurable and all three are now visible on-chain and in macro feeds.

Bitcoin has slipped below the $100,000 mark, now trading around $97,000 for the first time since May, as selling pressure intensifies across the market. Bulls are struggling to defend critical support, and sentiment has turned decidedly fearful, with traders scaling back leverage and rotating into stablecoins amid heightened volatility. Despite this weakness, on-chain data suggests that large buyers may already be positioning for a potential rebound.

According to CryptoQuant analyst Maartunn, massive bid walls have been spotted on Binance Futures, signaling that aggressive buyers are stepping in to absorb the recent wave of selling. Historically, such large-scale bids have often coincided with local bottoms, as whales and institutional traders accumulate into weakness.

This emerging liquidity pattern may suggest growing confidence among deep-pocketed players that Bitcoin’s downside could be limited. However, with macro uncertainty still weighing heavily on the market, traders remain cautious.

Aggressive Buyers Step In As Bid Walls Signal Dip Accumulation

According to CryptoQuant analyst Maartunn, recent order book data reveals a strong layer of support forming on Binance Futures, where two major bid clusters have emerged — one around 800 BTC and another stacking up to 2,000 BTC. This concentration of buy orders suggests that large traders, often referred to as aggressive dip buyers, are actively accumulating Bitcoin at current levels around $97,000.

Bid walls of this size are significant because they indicate a willingness among deep-pocketed investors to absorb selling pressure and defend price levels perceived as undervalued. In practice, such large orders create a temporary price floor, making it harder for BTC to fall further without massive selling volume. This behavior is often observed in early phases of market reversals. Smart money begins building positions while retail sentiment remains fearful.

Maartunn notes that these clusters reflect renewed confidence from high-volume traders who see long-term value despite the recent correction. If these orders remain active and continue to absorb liquidity, Bitcoin could stabilize above the $95,000–$97,000 range. Historically, periods of strong bid support have preceded short-term relief rallies, suggesting that the current dip may be setting the stage for a broader recovery.

Bitcoin Tests Key Support After Losing $100K

Bitcoin’s price action has turned increasingly fragile, with the asset now trading near $96,800, its lowest level since May. The three-day chart shows a decisive break below the $100,000 psychological threshold, confirming a short-term bearish shift as sellers dominate. Volume has spiked notably in recent sessions, suggesting panic-driven liquidations as traders unwind leveraged positions.

The 50-day moving average has crossed below the 100-day, signaling fading momentum, while the 200-day moving average — currently near $88,000 — stands as the next central support zone if selling pressure persists. Despite the breakdown, price is showing early signs of stabilization around current levels, hinting that dip buyers may be stepping in.

Market structure remains corrective but not fully bearish. Bitcoin has repeatedly found support above its 200-day MA during previous mid-cycle retracements. A pattern that often precedes recovery once selling exhausts. The RSI (not shown here) is likely near oversold territory, reinforcing this view.

If BTC can reclaim and hold above $100,000, a short-term relief rally toward $105,000–$108,000 could unfold. However, failure to defend $95,000 may accelerate the decline toward $90,000. Overall, the chart reflects a market in consolidation, balancing between capitulation risk and early accumulation.

Featured image from ChatGPT, chart from TradingView.com

Shiba Inu recently recorded an astounding -64.89 billion SHIB net outflow in the last 24 hours. Despite the initial appearance of that figure, the metric actually supports a bullish reading rather than a bearish one. At this scale, net outflow indicates that tokens are exiting exchanges rather than joining them. Supply typically moves toward cold storage, staking or long-term holding when it leaves exchanges. To put it another way, people are getting ready to hold rather than sell.

SHIB's market picture is bleak

When you combine that with the current chart structure of SHIB, the picture becomes more intriguing than the price alone would indicate. The 50-day, 100-day and 200-day moving averages are still stacked above price and sloping downward, so SHIB is technically still trapped under several descending moving averages. There is no denying that, structurally, it is a downtrend. Chart by TradingView">

However, since the beginning of November, the behavior of prices has changed significantly. Rather than moving further into the mid-$0.000008 range, SHIB is stabilizing between $0.0000090 and $0.0000095, and bouncing back and forth from that area. Sellers tested this support multiple times, but they were unable to break it cleanly each time.

The RSI, which is between 38 and 40, indicates that momentum is weak but not giving up. The next leg down is usually inevitable when a token is in a confirmed downtrend and exchange inflows pick up speed. However, SHIB is demonstrating the opposite: outflows are increasing while inflows are collapsing. Instead of continuing, this divergence frequently indicates accumulation and exhaustion.

Shiba Inu volumes are stable

It is also supported by volume. There is no liquidation-driven flush, no panic spike and no blowout selling. Rather, the market is drifting lower on waning momentum, which is the situation that usually precedes an attempt at a reversal.

The asset still needs to reclaim the $0.0000100-$0.0000105 band in order to break the trend structure, so this will not instantly make SHIB bullish. However, the underlying flow data indicates that the downside pressure is rapidly diminishing. The strongest evidence that whales and midsize holders are choosing long-term conviction over short-term trading is the 64.8 billion net outflow.

The circumstances for a recovery rally are quietly coming together if SHIB maintains its current support band and inflows stay low.