{"id":90658,"date":"2025-11-05T10:36:12","date_gmt":"2025-11-05T07:36:12","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=90658"},"modified":"2025-11-05T10:41:38","modified_gmt":"2025-11-05T07:41:38","slug":"extreme-fear-bitcoin-slips-below-the-100000-psychological-mark","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/extreme-fear-bitcoin-slips-below-the-100000-psychological-mark\/","title":{"rendered":"\u2018Extreme fear\u2019: bitcoin slips below the $100,000 psychological mark"},"content":{"rendered":"<p>The price of the first cryptocurrency dipped below $100,000 for the first time since June. The rest of the market followed suit.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"630\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-faddf942bfdfbf41-8720526124857747-1024x630.png\" alt=\"BTCUSDT_2025-11-05_09-32-06\" class=\"wp-image-268973\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-faddf942bfdfbf41-8720526124857747-1024x630.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-faddf942bfdfbf41-8720526124857747-300x184.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-faddf942bfdfbf41-8720526124857747-768x472.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-faddf942bfdfbf41-8720526124857747.png 1428w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">15-minute chart of BTC\/USDT on Binance. Source: <a href=\"https:\/\/www.tradingview.com\/chart\/?symbol=BINANCE%3ABTCUSDT\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>Ether approached $3000.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"630\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-afe408fc5d868657-8720546097768490-1024x630.png\" alt=\"ETHUSDT_2025-11-05_09-34-36\" class=\"wp-image-268974\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-afe408fc5d868657-8720546097768490-1024x630.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-afe408fc5d868657-8720546097768490-300x184.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-afe408fc5d868657-8720546097768490-768x472.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-afe408fc5d868657-8720546097768490.png 1428w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">15-minute chart of ETH\/USDT on Binance. Source: <a href=\"https:\/\/www.tradingview.com\/chart\/?symbol=BINANCE%3AETHUSDT\">TradingView<\/a>.<\/figcaption><\/figure>\n<p>At the time of writing, bitcoin trades around ~$101,900, and the second-largest cryptocurrency \u2014 ether \u2014 around ~$3300.<\/p>\n<p><a href=\"https:\/\/forklog.com\/en\/news\/what-is-cryptos-fear-and-greed-index\">Fear and Greed Index<\/a> fell to 23 \u2014 \u201cextreme fear\u201d.<\/p>\n<figure class=\"wp-block-image size-full\"><img decoding=\"async\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-f1e114700de9a420-8720575651548541.webp\" alt=\"\u0421\u043d\u0438\u043c\u043e\u043a \u044d\u043a\u0440\u0430\u043d\u0430 2025-11-05 094338\" class=\"wp-image-268975\"\/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/alternative.me\/crypto\/fear-and-greed-index\/\">Alternative<\/a>.<\/figcaption><\/figure>\n<p>Total liquidations topped $1.78bn in 24 hours. Longs accounted for $1.37bn, shorts for $409.71m. Notably, forced closes in ether exceeded those in bitcoin.<\/p>\n<figure class=\"wp-block-image size-large\"><img loading=\"lazy\" decoding=\"async\" width=\"1024\" height=\"315\" src=\"https:\/\/forklog.com\/wp-content\/uploads\/img-dc4775c83a90308a-8720595461667530-1024x315.png\" alt=\"\u0421\u043d\u0438\u043c\u043e\u043a \u044d\u043a\u0440\u0430\u043d\u0430 2025-11-05 094843\" class=\"wp-image-268976\" srcset=\"https:\/\/forklog.com\/wp-content\/uploads\/img-dc4775c83a90308a-8720595461667530-1024x315.png 1024w, https:\/\/forklog.com\/wp-content\/uploads\/img-dc4775c83a90308a-8720595461667530-300x92.png 300w, https:\/\/forklog.com\/wp-content\/uploads\/img-dc4775c83a90308a-8720595461667530-768x237.png 768w, https:\/\/forklog.com\/wp-content\/uploads\/img-dc4775c83a90308a-8720595461667530.png 1532w\" sizes=\"auto, (max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Source: <a href=\"https:\/\/www.coinglass.com\/LiquidationData\">Coinglass<\/a>.<\/figcaption><\/figure>\n<p>Over the past two days, whales bought 323,523 ETH amid the price decline, Lookonchain said.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Despite the recent <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a> drop, many whales have been buying the dip \u2014 accumulating 323,523 <a href=\"https:\/\/twitter.com\/search?q=%24ETH&#038;src=ctag&#038;ref_src=twsrc%5Etfw\">$ETH<\/a>($1.12B) over the past 2 days. <a href=\"https:\/\/t.co\/KOA1Z4VAab\">pic.twitter.com\/KOA1Z4VAab<\/a><\/p>\n<p>\u2014 Lookonchain (@lookonchain) <a href=\"https:\/\/twitter.com\/lookonchain\/status\/1985908966648664376?ref_src=twsrc%5Etfw\">November 5, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>The total purchase amounted to $1.12bn.<\/p>\n<h2 class=\"wp-block-heading\">Heading lower?<\/h2>\n<p>CryptoQuant analysts <a href=\"https:\/\/www.theblock.co\/post\/377684\/cryptoquant-says-bitcoin-could-drop-to-72000-by-years-end-if-100000-level-doesnt-hold\">see room<\/a> for further declines. If the price of digital gold fails to hold around $100,000, they forecast a drop to $72,000 within one to two months.<\/p>\n<p>Head of research Julio Moreno linked the correction to weak buying activity after the large 10 October liquidation.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cSince then, spot demand for bitcoin has been declining. In the US, investors have also reduced activity, as evidenced by outflows from <\/em><a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-cryptocurrency-etf\"><em>ETFs<\/em><\/a><em> and a negative premium to the price on Coinbase,\u201d he noted.<\/em><\/p>\n<\/blockquote>\n<p>Jerry O\u2019Shea, head of research at Hashdex, said cryptocurrencies are being pressured by broader risk aversion across global markets. Among the factors he cited concerns around the <span data-descr=\"U.S. Federal Reserve System\" class=\"old_tooltip\">Fed<\/span>\u2019s rate and conditions in credit markets. He added that selling by long-term holders is weighing on price \u2014 a predictable phenomenon in such conditions.<\/p>\n<p>O\u2019Shea stressed that $100,000 is a psychological level; a break below it does not weaken bitcoin\u2019s long-term potential.<\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cThe trend of inflows into ETFs and corporate adoption this year remains very strong. Traditional financial institutions continue to build infrastructure for digital assets,\u201d he said.<\/em><\/p>\n<\/blockquote>\n<p>According to him, these structural factors could drive digital gold to a new all-time high in the coming months.<\/p>\n<h2 class=\"wp-block-heading\">Selling at a loss<\/h2>\n<p>Short-term bitcoin holders (STH) continue to sell at a loss, adding to price pressure, analyst Darkfost said.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">STHs Under Pressure as Loss-Selling Intensifies<\/p>\n<p>\u201cWhen price attempts to recover and reaches the STH realized price, we see immediate profit-taking or break-even exits. These reactions create overhead resistance and make it harder for price to break higher.\u201d \u2013 By <a href=\"https:\/\/twitter.com\/Darkfost_Coc?ref_src=twsrc%5Etfw\">@Darkfost_Coc<\/a> <a href=\"https:\/\/t.co\/6nkxjLQq8C\">pic.twitter.com\/6nkxjLQq8C<\/a><\/p>\n<p>\u2014 CryptoQuant.com (@cryptoquant_com) <a href=\"https:\/\/twitter.com\/cryptoquant_com\/status\/1985797726366548244?ref_src=twsrc%5Etfw\">November 4, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Over the past day alone, about 30,300 BTC belonging to STHs flowed to exchanges, he said \u2014 a sign of capitulation among recent buyers.<\/p>\n<p>Pressure may intensify as the STH-SOPR metric hovers around 1. This means short-term holders are selling coins at roughly their purchase price \u2014 a sign of uncertainty.<\/p>\n<p>He also pointed to the formation of strong resistance. Each attempt to reclaim the STH realized price (now about $112,500) triggers immediate profit-taking or break-even exits, hindering further gains.<\/p>\n<p>Darkfost concluded that short-term investors doubt further upside, using any bounce to sell \u2014 a cautious market stance.<\/p>\n<h2 class=\"wp-block-heading\">Volatility spike<\/h2>\n<p>Overall bitcoin reserves on centralized exchanges continue to fall, but Binance shows the opposite trend. According to analyst ShayanMarkets, this divergence may precede a spike in volatility.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">Binance Reserves Climb While Global Exchange Balances Drop<\/p>\n<p>\u201cIf this rising Binance reserve trend continues while total exchange reserves drop, it may point toward a pre-distribution or rebalancing phase before another accumulation-driven rally begins.\u201d \u2013 By <a href=\"https:\/\/twitter.com\/ShayanBTC7?ref_src=twsrc%5Etfw\">@ShayanBTC7<\/a> <a href=\"https:\/\/t.co\/xFtFF6bEga\">pic.twitter.com\/xFtFF6bEga<\/a><\/p>\n<p>\u2014 CryptoQuant.com (@cryptoquant_com) <a href=\"https:\/\/twitter.com\/cryptoquant_com\/status\/1985269571280916497?ref_src=twsrc%5Etfw\">November 3, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Outflows from trading platforms indicate long-term accumulation and easing sell pressure. Participants are moving assets to <a href=\"https:\/\/forklog.com\/en\/news\/what-are-custodial-and-non-custodial-crypto-wallets\">non-custodial wallets<\/a>, a bullish signal.<\/p>\n<p>At the same time, bitcoin reserves on Binance have risen in recent weeks. This points to growing short-term liquidity on the platform, possibly due to higher trading activity or institutional hedging.<\/p>\n<p>Historically, inflows to the dominant exchange during consolidation have often preceded rising volatility. That is how <a href=\"https:\/\/forklog.com\/en\/news\/what-is-a-market-maker\">market makers<\/a> prepare for the next major price move.<\/p>\n<p>If the trend continues, it may signal a redistribution or rebalancing phase before a new rally, the specialist concluded.<\/p>\n<p>In November, Capriole founder Charles Edwards <a href=\"https:\/\/forklog.com\/en\/news\/expert-observes-waning-institutional-interest-in-bitcoin\">said<\/a> that institutional demand for digital gold had declined.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Bitcoin fell below $100,000 for the first time since June, dragging the wider market lower.<\/p>\n","protected":false},"author":1,"featured_media":90659,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"Bitcoin slips under $100,000 for first time since June as risk-off hits crypto.","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[480,1145],"class_list":["post-90658","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-bitcoin-price","tag-market-analysis"],"aioseo_notices":[],"amp_enabled":true,"views":"183","promo_type":"1","layout_type":"1","short_excerpt":"Bitcoin slips under $100,000 for first time since June as risk-off hits crypto.","is_update":"","_links":{"self":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/90658","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/comments?post=90658"}],"version-history":[{"count":1,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/90658\/revisions"}],"predecessor-version":[{"id":90660,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/posts\/90658\/revisions\/90660"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media\/90659"}],"wp:attachment":[{"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/media?parent=90658"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/categories?post=90658"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forklog.com\/en\/wp-json\/wp\/v2\/tags?post=90658"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}