Gate Research Institute: The main reason for this round of fall is the turnover of long-term investors | 1inch launches new protocol AquaCrypto market panorama
BTC (-3.19% | Current price 91,788 USDT): In the past 24 hours, the price of Bitcoin broke the momentum of stabilizing at 95,000 USD from November 15 to 17, and once again fell significantly to a low of 91,212.9 USD, with a cumulative decline of 14.2% over the past 7 days. Market sentiment has reached "extreme fear," RSI indicates overselling, and the MA5, 10, and 30 moving averages are in a bearish arrangement. The main reasons for the current decline in Bitcoin include panic selling by short-term holders, technical indicators signaling a downturn, and a shift in bearish sentiment in the prediction market. The prediction market shows that the probability of falling below 90,000 USD by the end of December has increased from 8% last week to 22%, while retail and leveraged traders often overreact to changes in the prediction market. In the short term, the oversold state and strategic buying.
GateResearch·2025-11-18 03:48