Hold on tight, crypto enthusiasts, because the market is giving us whiplash! Major players like Bitcoin and Ethereum are feeling the heat, and the overall sentiment has plunged into ‘extreme fear.’ But is this a buying opportunity or a sign of more trouble to come?
Let’s break down what’s happening with the two giants:
Bitcoin’s Bumpy Ride: Can it Hold On?
Bitcoin (BTC) experienced a significant dip, briefly touching $94,000. Fortunately, buyers stepped in to prevent a further freefall, pushing it back above the $95,000 mark. Currently, it’s hovering around this level, attempting to reclaim $96,000 as a support level, which has now turned into a resistance level. This means that previously, the price found support at $96,000, but now it’s struggling to break above it. Think of it like a floor that’s now become a ceiling.
Source: CoinMarketCap
BTC’s price correction originated from the $103,000 – $105,000 range, a level where it had been consolidating after weeks of dwindling demand. But here’s where it gets controversial… These dramatic price swings aren’t typically caused by your average retail investor. Instead, they’re often orchestrated by whales and institutional investors. These are entities that wield immense buying and selling power.
These whales hold massive amounts of Bitcoin in single wallets, and their trading activity can dwarf the volume seen on entire crypto exchanges. In markets with relatively low liquidity (meaning there aren’t always enough buyers and sellers to easily absorb large trades), even a single substantial transaction can dramatically shift investor sentiment and trigger a cascade of price changes. Imagine a small boat on a calm lake – even a small ripple can rock it significantly. Now imagine a huge wave!
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JUST IN: $BTC now forecasted to drop to around $87,000 this year, based on price of recent trades on Kalshi. pic.twitter.com/gT6UqDFcmb
— Whale Insider (@WhaleInsider) November 15, 2025
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The direction of Bitcoin is heavily influenced by the flow of funds into and out of Exchange-Traded Funds (ETFs) and corporate treasuries. When billions of dollars are invested or withdrawn in a single day, it can send shockwaves through the market, causing BTC to either surge or plummet. This is because ETFs hold large quantities of BTC, and when investors buy or sell shares in the ETF, the ETF provider has to buy or sell the underlying BTC accordingly. This creates significant buying or selling pressure.
And this is the part most people miss… long-term holders are also contributing to the selling pressure.
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Long-term holders are selling hard.
~815K BTC sold in the past 30 days, the highest level since Jan 2024.
With demand contracting, this sell-side pressure is weighing on the price pic.twitter.com/jFODp4ZA1p
— CryptoQuant.com (@cryptoquant_com) November 13, 2025
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This increased selling from long-term holders, combined with weakening demand, is creating a perfect storm that’s weighing down on Bitcoin’s price. Is this a temporary dip, or the start of a larger correction? What are your thoughts? Let us know in the comments!
EXPLORE: Top 20 Crypto to Buy in 2025
Ethereum’s Struggle: Can it Break Free From the Bears?
Ethereum (ETH) is battling to reclaim the $3,200 level, but the bearish pressure is relentless. Currently trading significantly below its all-time high (ATH) of $4,950 (around 36% lower), ETH is undeniably in bear market territory. A bear market is generally defined as a decline of 20% or more from a recent high.
ETH’s price action has been characterized by a pattern of lower highs and lower lows. This is a classic indicator that any upward momentum is being consistently suppressed by sellers. Think of it as climbing a staircase where each step you take is lower than the last.
Over the past few months, ETH’s price has broken through several key support levels. It initially fell below $4,100, its peak from the previous December. From there, it continued its descent below $4,000, another crucial support level and a significant psychological threshold for investors.
As it stands, ETH is trading below its 20 and 50-day exponential moving averages (EMAs). These EMAs are commonly used to identify trends, and when the price is below them, it generally suggests a downtrend.
Source: TradingView
Looking ahead, the outlook for ETH appears bearish. The next level to watch is $2,877, a price point it last reached in June. However, if ETH manages to surge above $3,500, a key resistance level, it could challenge the current bearish sentiment. This would signal a potential shift in momentum.
Adding to the downward pressure is a shift in investor behavior. Data from SoSoValue reveals that American investors have been pulling funds out of ETH ETFs. Last week alone, these funds experienced outflows of over $728 million, an increase from the $522 million outflow the previous week. This indicates a growing lack of confidence among investors.
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$ETH ETF outflow of $177,900,000 🔴 yesterday.
BlackRock sold $173,300,000 in Ethereum. pic.twitter.com/fCXB4Cr7H7
— Ted (@TedPillows) November 15, 2025
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In total, ETH ETF outflows now exceed $1.24 billion this month, effectively erasing the gains made in the preceding two weeks. The cumulative inflow has decreased from nearly $15 billion year-to-date to $13.1 billion today. They now hold $20 billion in assets. This highlights the significance of ETF flows on price action.
So, is Ethereum poised for a further decline, or will it defy the odds and stage a comeback? Could these ETF outflows actually present a buying opportunity? The market is unpredictable, and only time will tell. What’s your take? Share your predictions in the comments below!
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