- \n
- Bitcoin has slipped drastically in the last 24 hours, bringing its price down to the $102k level. This marks a significant fall from recent highs and triggers a broad risk-off shift in crypto markets. As of 10:00 a.m., 5 November, BTC is trading at $101,666, down 4.92% in the last 24 hours.<\/li>\n\n\n\n
- The entire crypto market cap has contracted, reflecting more of a slowdown in momentum than an acute crash. Traders are sidelined rather than aggressively buying.<\/li>\n\n\n\n
- Altcoins such as ETH, SOL, and BNB have registered significant losses mirroring BTC\u2019s downtrend.<\/li>\n\n\n\n
- This brings the overall crypto market cap to $3.40 trillion, down 4.60% over the past day, signalling a broad-based retreat rather than an isolated Bitcoin issue.<\/li>\n\n\n\n
- The Crypto Fear & Greed Index has slipped sharply to 20, indicating \u201cFear\u201d, marking its lowest level since April 2025, signaling rising caution and fading bullish conviction.<\/li>\n\n\n\n
- Over $1.1 billion in mostly long crypto positions were liquidated across major assets, underlining how fragile risk appetite has become in the space.\u00a0<\/li>\n\n\n\n
- Bitcoin has broken below its 200-day moving average, a key technical level; this raises risk of a deeper pullback toward the $94K\u2013$95K band if support doesn\u2019t hold.<\/li>\n\n\n\n
- Despite weaker price action, long-term institutional accumulation continues behind the scenes, but the pace of fresh capital inflows has slowed markedly as macro-uncertainty looms.<\/li>\n<\/ul>\n\n\n\n
Macro factors at play<\/h2>\n\n\n\n
- \n
- Policy and liquidity risk<\/strong>: The Federal Reserve signalled that it is unlikely to cut interest rates in the near term, which dampens risk-asset appetite and makes crypto less attractive.
<\/li>\n\n\n\n- Strong Dollar and Safe-Haven pull<\/strong>: The U.S. dollar index remains elevated, and yields on U.S. Treasuries are climbing, which tends to weigh on high-beta assets like crypto.
<\/li>\n\n\n\n- Global geopolitical\/trade uncertainty<\/strong>: Renewed tensions in U.S.-China trade dynamics and broader geopolitical stress are increasing risk aversion among investors, hurting speculative flows into crypto.
<\/li>\n\n\n\n- Institutional and fund flow signals<\/strong>: Large-scale selling by long-term holders combined with weak net inflows into spot crypto funds suggest the institutional support that fuelled earlier rallies has stalled.
<\/li>\n\n\n\n- Technical weakness vs. macro pressure<\/strong>: Crypto is caught between holding major technical support levels and facing macro headwinds. The break below key moving averages raises the risk of a deeper correction if liquidity doesn\u2019t improve.<\/li>\n<\/ul>\n\n\n\n
Support and resistance<\/h2>\n\n\n\n
Support:<\/h3>\n\n\n\n
- \n
- $100,200 – first line of defence.
<\/li>\n\n\n\n - $98,800 – stronger backup if price dips further.
<\/li>\n\n\n\n - $95,500 – major structural support; a break below could signal a deeper correction.<\/li>\n<\/ul>\n\n\n\n
Resistance:<\/h3>\n\n\n\n
- \n
- $103,500 – immediate ceiling after recent drop.
<\/li>\n\n\n\n - $105,000 – next hurdle, also the 50% fibrosis retracement level.
<\/li>\n\n\n\n - $106,400\u2013$107,500 – stretch targets if momentum builds.<\/li>\n<\/ul>\n\n\n\n
Bitcoin is trading below key resistance and approaching strong support zones. A rebound above $105K could trigger upside to $106K+; failure to hold support could open a slide toward $95K.<\/p>\n\n\n\n
What to watch<\/strong><\/h3>\n\n\n\n
- \n
- Spot Bitcoin ETF outflows continue<\/strong>: Since Oct. 29, spot BTC ETFs have seen approximately US $1.3 billion in net outflows, signalling that institutional buying is cooling.
<\/li>\n\n\n\n- Rotation toward alt-chain infrastructure<\/strong>: While BTC funds are under pressure, newly launched spot Solana (SOL) ETFs have drawn positive capital ($200 million), suggesting a possible shift in investor focus.
<\/li>\n\n\n\n- Leverage unwind and liquidations are accelerating<\/strong>: Over $400\u2013500 million in long crypto positions were liquidated recently, increasing downside risk for leveraged traders and boosting volatility.
<\/li>\n\n\n\n- Risk-asset backdrop remains fragile<\/strong>: A stronger U.S. dollar, elevated real yields, and policy uncertainty are pressuring crypto as some investors shift into safe havens like gold, reducing speculative exposure.
<\/li>\n\n\n\n- Critical support levels in focus<\/strong>: With Bitcoin slipping toward the $100K\u2013$105K zone, how it reacts here (bounce vs break) will likely set the tone for momentum across broader crypto markets.<\/li>\n<\/ul>\n\n\n\n
Market outlook<\/h2>\n\n\n\n
The crypto market remains in a pause-and-watch phase, as traders weigh macro uncertainty and fading momentum. Bitcoin\u2019s ability to hold the $103K\u2013$107K support range will be critical in determining short-term direction. A decisive breakout above $111K\u2013$115K, especially backed by strong ETF inflows or improving risk sentiment, could open the door for a rally toward $120K+. However, a sustained breakdown below current levels risks extending the correction into the low-$100Ks. In the next 24\u201372 hours, market sentiment will likely hinge on macro data releases, ETF flows, and liquidity shifts, rather than technical setups alone.<\/p>\n\n\n\n
Top Gainers<\/h2>\n\n\n\n
![\"\"](\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2025\/11\/Screenshot-2025-11-05-at-10.01.05\u202fAM.png\")
<\/a>Data source: CoinSwitch<\/em><\/strong>
Date: 5 Nov. 2025, 10:00 a.m.<\/em><\/strong><\/figcaption><\/figure>\n\n\n\nTop Losers<\/h2>\n\n\n\n
![\"Bitcoin\n\"](\"https:\/\/coinswitch.co\/switch\/wp-content\/uploads\/2025\/11\/Screenshot-2025-11-05-at-10.01.14\u202fAM.png\")
<\/a>Data source: CoinSwitch<\/em><\/strong>
Date: 5 Nov. 2025, 10:00 a.m.<\/em><\/strong><\/figcaption><\/figure>\n\n\n\n<\/p>\n","protected":false},"excerpt":{"rendered":"
Bitcoin hovers near $102K as liquidation flush and macro risks weigh heavily Key takeaways Macro factors at play Support and resistance Support: Resistance: Bitcoin is trading below key resistance and approaching strong support zones. A rebound above $105K could trigger upside to $106K+; failure to hold support could open a slide toward $95K. What to […]<\/p>\n","protected":false},"author":93,"featured_media":46895,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_ayudawp_aiss_exclude":false,"footnotes":""},"categories":[7701],"tags":[483,6467,6602,6536],"class_list":["post-47352","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-bitcoin","tag-crypto","tag-market-update","tag-news"],"acf":{"key_takeways":false,"youtube_vodeo_url":"","seo":{"title":"","keywords":"","description":"","canonical":""},"blog_banner_image":false,"blog_coin":false,"download_the_app":{"button_value":"","button_url":""},"twitter_card":{"twitter_title":"","twitter_description":"","twitter_link":""},"maturity_tag":"","post_author":false,"guest_author":false,"hide_toc":false,"select_disclaimer":"Disclaimer: Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions. The information provided in this post is not to be considered investment\/financial advice from CoinSwitch. Any action taken upon the information shall be at the user\u2019s risk."},"post_mailing_queue_ids":[],"_links":{"self":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/47352","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/users\/93"}],"replies":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/comments?post=47352"}],"version-history":[{"count":1,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/47352\/revisions"}],"predecessor-version":[{"id":47358,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/posts\/47352\/revisions\/47358"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media\/46895"}],"wp:attachment":[{"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/media?parent=47352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/categories?post=47352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinswitch.co\/switch\/wp-json\/wp\/v2\/tags?post=47352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
- Rotation toward alt-chain infrastructure<\/strong>: While BTC funds are under pressure, newly launched spot Solana (SOL) ETFs have drawn positive capital ($200 million), suggesting a possible shift in investor focus.
- Spot Bitcoin ETF outflows continue<\/strong>: Since Oct. 29, spot BTC ETFs have seen approximately US $1.3 billion in net outflows, signalling that institutional buying is cooling.
- $103,500 – immediate ceiling after recent drop.
- Strong Dollar and Safe-Haven pull<\/strong>: The U.S. dollar index remains elevated, and yields on U.S. Treasuries are climbing, which tends to weigh on high-beta assets like crypto.
- Policy and liquidity risk<\/strong>: The Federal Reserve signalled that it is unlikely to cut interest rates in the near term, which dampens risk-asset appetite and makes crypto less attractive.