Today's BTC market analysis: The price has significantly fallen, and market sentiment is cautious.

On October 30, 2025, the BTC market showed a significant falling trend. As of today at 17:12, the BTC price is 110,425.01 USD, down 2,460.91 USD from the previous trading day, with a decrease of 2.18%, and a market capitalization of 22069.8 billion USD.

From the 24-hour market perspective, BTC reached a high of $113,643.73 and a low of $107,925.06, with a fluctuation of 5.3% and a trading volume of $70.94 billion. Recently, the price of BTC has entered a downward channel since it peaked at around $124,000 in mid-August, and today the price even set a new recent low of $108,666, which further confirms the downward trend in technical analysis.

In terms of technical indicators, the MACD indicator has formed a "death cross" at a high position, with the fast line DIF quickly crossing below the slow line DEA, and the red momentum bars expanding sharply, indicating that the market's short-term trend has shifted from bullish to bearish, with strong downward momentum. Meanwhile, according to BOSS Wallet analysis, the recent support level for BTC is $110,304.0, and the resistance level is $116,724.0.

In the derivatives market, the total liquidation amount of Bitcoin across the network in the past 24 hours reached 52.6338 million USD, with 3,546 traders having their positions forcibly liquidated. Among them, the liquidation amount of long positions was 43.4402 million USD, accounting for nearly 82.5% of the total liquidation amount, indicating that this decline is dominated by the liquidation of high-leverage long positions.

In terms of market sentiment, the Fear and Greed Index shows that the current market sentiment has reached 68, falling into the "Greed" zone; however, the recent price drop may cause the market sentiment to gradually turn cautious. Furthermore, according to HyperInsight monitoring, there is a divergence in whale strategies, with some whales increasing their short positions on BTC, while others are going against the trend by opening long positions on BTC, which also reflects a significant difference in the market's outlook on the future of BTC.
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