Overview
- Bitcoin rebounded from a brief dip below $100,000 to trade around $101,000–$103,000 as metrics such as SSR, aSOPR, and futures/spot CVD point to selling exhaustion and a possible bottoming phase.
- Santiment data show whales offloaded roughly 32,500 BTC since October 12 while retail wallets accumulated, a pattern analysts caution has historically favored the whales’ direction.
- Spot bitcoin ETFs logged six straight days of outflows before flipping to a positive print late week, easing pressure after roughly $2.04 billion in redemptions during the streak.
- Traders watch $105,000–$106,000 and then ~$111,600 as key resistance, while the 50‑week EMA near $100,700 and the yearly VWAP are flagged as pivotal supports for any rebound toward $110,000.
- Dogecoin, down over 35% month over month, bounced about 12% after buyers defended the $0.150–$0.158 zone; chartists eye a multi‑month triangle with confirmation above $0.185 and risk toward $0.140 if support fails.