{"id":91322,"date":"2025-11-24T11:08:59","date_gmt":"2025-11-24T08:08:59","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=91322"},"modified":"2025-11-24T11:12:24","modified_gmt":"2025-11-24T08:12:24","slug":"bitcoin-rebounds-to-87000-but-the-market-remains-in-extreme-fear","status":"publish","type":"post","link":"https:\/\/forklog.com\/en\/bitcoin-rebounds-to-87000-but-the-market-remains-in-extreme-fear\/","title":{"rendered":"Bitcoin rebounds to $87,000, but the market remains in extreme fear"},"content":{"rendered":"

Bitcoin staged a tentative recovery after a wave of liquidations and selling, rising to about $87,900.<\/p>\n

\"BTCUSDT_2025-11-24_09-55-16\"
15-minute BTC\/USDT chart on Binance. Source: TradingView<\/a>.<\/figcaption><\/figure>\n

At the time of writing, the price had eased to $86,900 (+1.1% over 24 hours), according to CoinGecko<\/a>.<\/p>\n

On November 21 the price fell to around $82,000<\/a>. Major altcoins followed suit. Ethereum rose to $2,834 (+0.5%), XRP to $2.09 (+2.65%), and Solana to $133 (+2.5%). Total market capitalisation increased by 1%.<\/p>\n

Analysts describe the move as a technical bounce. Vincent Liu, chief investment officer at Kronos Research, expects<\/a> consolidation between $85,000 and $90,000. He noted thin liquidity and fragmented flows. Long-term holders continue to accumulate as the market looks for a footing.<\/p>\n

Sentiment remains uneasy. The Fear and Greed Index<\/a> sits at 19, only slightly above the weekly low.<\/p>\n

\"\u0421\u043d\u0438\u043c\u043e\u043a
Source: Alternative.me<\/a>.<\/figcaption><\/figure>\n

BTC Markets analyst Rachel Lucas called the current correction the deepest of the cycle. The price\u2019s ability to hold above $86,000 is constructive, she said, but still \u201cfragile\u201d.<\/p>\n

To confirm a local bottom, bitcoin needs to establish itself above $88,000. Failure risks a slide toward $80,000.<\/p>\n

Short-term traders remain cautious and watch funding rates. According to Lucas, institutional investors are rotating capital rather than exiting positions. She linked outflows from ETFs<\/a> to risk management, not a loss of interest in the industry.<\/p>\n

Outflows from spot bitcoin ETFs<\/h2>\n

Over the past week, US spot bitcoin ETFs saw $1.22bn in redemptions, the fourth consecutive week of outflows.<\/p>\n

\"\u0421\u043d\u0438\u043c\u043e\u043a
Source: SoSoValue<\/a>.<\/figcaption><\/figure>\n

Monthly net outflows reached $4.34bn. Only on November 19 did the funds record an inflow of $75.47m, and on November 21 an inflow of $238.47m. On the remaining days investors continued to withdraw money.<\/p>\n

\"\u0421\u043d\u0438\u043c\u043e\u043a
Source: SoSoValue.<\/figcaption><\/figure>\n

BlackRock\u2019s IBIT suffered the largest losses \u2014 $1.09bn for the week. It is the fund\u2019s second-worst result on record. On November 18 the product posted a record single-day outflow of $523.15m.<\/p>\n

\"\u0421\u043d\u0438\u043c\u043e\u043a
Source: SoSoValue.<\/figcaption><\/figure>\n

Key levels have shifted<\/h2>\n

Glassnode analysts published updated readings for key on-chain metrics.<\/p>\n

\n

\ud83d\udd04 Update:<\/p>\n

With spot now at $86.5K, several key levels have shifted:<\/p>\n

\ud83d\udd34 STH Cost Basis: $105.5K
\ud83d\udfe1 Active Investors Mean: $87.1k
\u2014 Spot Price: $86.5K \u2014
\ud83d\udfe2 True Market Mean: $81.3K
\ud83d\udd35 Realized Price: $56K<\/p>\n

\ud83d\udcca https:\/\/t.co\/mJ1JCnjTff<\/a> https:\/\/t.co\/HxSljVLcSo<\/a> pic.twitter.com\/aKGNUhDgUU<\/a><\/p>\n

\u2014 glassnode (@glassnode) November 23, 2025<\/a><\/p><\/blockquote>\n