Overview
- Bitcoin trades near $101,000 after two brief dips below six figures this week, with the Fear & Greed Index back in extreme fear.
- US spot Bitcoin ETFs have logged recent net outflows, though a $240 million net inflow on Nov. 6 broke a six‑day streak of redemptions.
- Price is probing cycle supports around the 50‑week and 365‑day moving averages near $102,000, with a breakdown risking a slide toward $91,000–$97,000 and the CME gap around $92,000–$93,000.
- Futures markets saw heavy washouts, with roughly $560 million to $640 million in long liquidations over 24 hours and positioning turning more defensive.
- On‑chain data show a surge of very young coins flowing to Binance that points to hot‑money speculation, while reports diverge on whether long‑term holders are accumulating or quietly selling.