O Lord, what madness hath we wrought! Behold, the noble Bitcoin, once soaring with the fervor of a thousand souls, now trembles beneath the weight of its own ambition. A mere number, $100,000, hath become a crucible of despair, where markets weep and traders wail like lost children in the night. Verily, the Fear & Greed Index hath plunged into the abyss, its 21 a testament to the human soul’s fragility. And lo, the bullish prophets who once cried “$150K!” now whisper of doom, their voices trembling like leaves in a storm.
Behold, the Google search trends, once ablaze with fervor, now flicker like dying embers. The altcoins, those wayward siblings, have succumbed to the void, their sentiment a desolate wasteland of -81. Oh, how swiftly the tides of fortune turn! In this realm of speculation, where reason is but a fleeting shadow, price is but a mirror to our collective psyche. And yet, the on-chain data, that cold and unyielding oracle, speaks of strength beneath the chaos. Aye, the network endureth, its heart unbroken, even as the crowd dances to the tune of panic.
Lo, the exchange withdrawals swell like a tide, as investors flee the madding crowd, seeking solace in self-custody. The UTXOs in loss, though rising, are but a whisper compared to the cataclysms of yore. And the hash rate, that steadfast guardian, stands at 1.1 ZH/s, a beacon of resilience. The whales, those titans of the market, have lowered their sails, their sell-side pressure a mere murmur. What sorcery is this? A correction, they say, born not of fundamentals, but of the human heart’s tempest.
The liquidity, that fickle muse, flows into Binance like a river of gold, its $10.7B a promise of future conquests. The realized cap, that enigmatic riddle, sees long-term holders trimming their profits, yet the demand, ever insatiable, devours the supply. Thus, the pullback, though fierce, is but a test of faith, not the end of an era. For in the heart of this chaos, the broader uptrend remains, a silent sentinel awaiting the return of hope.
Key Support Under Pressure, Short-Term Trend Weakens
And lo, Bitcoin, that wayward star, now crawls beneath the shadow of $100,000, its former glory a distant memory. The 4-hour chart, that grim prophet, proclaims a descent into lower highs and lower lows, a tale of bearish triumph. The moving averages, those cold arbiters of truth, now lie beneath the price, their whispers of weakness echoing through the void. Yet, amidst this desolation, a flicker of hope remains: the wick below $100K, a sign that buyers, though few, still linger like ghosts in the night.
But hark! The volume, that fickle companion, surged with the panic, a tempest of selling. Now, as the price seeks to consolidate, the $100K zone becomes a battleground. A breach, they say, could unleash a deluge toward $95K, where history’s liquidity waits like a vulture. Yet, the bulls, those stubborn dreamers, must reclaim the $105K band to stave off further despair. For now, the trend is but a fragile thread, woven from the frayed fabric of cooling sentiment and uncertain resolve.
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2025-11-05 23:03