Bitcoin Pressing Against the Ceiling

DAILY MARKET OVERVIEW

Approaching Key Levels

👋 Hey, Crypto Enthusiasts! Bitcoin is once again nudging at the edges so let’s explore!

Bitcoin has defended the 80k zone with impressive resilience. The slow climb hasn’t been glamorous, but it has been steady, carrying BTC toward the 93k region. ETF flows have calmed down as well and even flipped slightly positive for both BTC and ETH, taking some weight off the market’s shoulders.

The area around 93k to 94k remains a major barricade. A clean break above it could open the door to a full scale retest of 98k to 100k, a psychological and structural checkpoint for the entire market.

Adding to the intrigue, rate cut expectations are surging. Polymarket now places the odds of a December cut near 87%, up from around 40% just a week ago. With the Fed meeting only 12 days away, the stage is set for volatility to rise.

⚠️ Still, caution is needed here. A squeeze higher is possible, but so is a rejection from this resistance cluster. BTC dominance is ticking higher again, signaling that altcoins are losing ground and demand remains thin across the broader market.

The high time frame structure remains bullish, while the short term picture still carries choppy decline. We cannot rule out another liquidity flush toward the 75k region in the coming weeks. Stay patient, avoid rushed entries, and let the levels come to you.

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SOCIAL SENTIMENT

Waiting for the Spark

With FOMC approaching, traders are already bracing for a potential sell the news moment. The fear and greed index still hovers in extreme fear, though it has begun to improve. Sentiment is cautious, watchful, and easily spooked.

Altcoins continue to show little life. Momentum is scarce, interest is mild, and structures remain underdeveloped. 

Many of the coins that exploded in November are now dramatically underperforming, giving back gains in slow drifts. Apart from Monad, which managed a brief 2x before struggling to hold its gains, very little is offering meaningful movement.

Patience is the real trade in conditions like these. Better structures will emerge eventually, but the market isn’t rushing to offer them.

NEWS OVERVIEW

The Latest Crypto Headlines 📰 

Europe's largest asset manager tokenizes money market fund on Ethereum
Amundi launched a tokenized share class of a money market fund on Ethereum, expanding its digital asset strategy and leveraging CACEIS infrastructure.

BitMine buys $44M of ETH as Tom Lee issues bullish forecast
BitMine added 14,618 ETH to its treasury, while Tom Lee predicts ETH could jump to $7K to $9K by late January despite recent market weakness.

Lazarus suspected in Upbit’s $30M hack
South Korean officials believe Lazarus carried out the Upbit hack, with stolen funds already moving across chains as investigators examine admin compromise.

Balancer outlines $8M reimbursement after major exploit
Balancer plans to distribute $8 million in recovered assets to affected LPs, with white hats receiving bounties for rescuing funds during the attack.

YOUTUBE INFLUENCER SUMMARY

Summary From The Top Influencers 📷️ 

Benjamin Cowen – Bitcoin Dominance (28.11.2025 Summary)

Benjamin Cowen updates his long-held view that Bitcoin dominance is still in an uptrend. Despite a recent pullback, he sees signs that dominance could rise again - especially if we’re heading into a deeper bear market or if Bitcoin stages another rally. Either way, he believes altcoins are likely to keep bleeding.

Cowen’s Outlook – Key Points

• Dominance Pullback is Normal – Past cycles also showed temporary drops in Bitcoin dominance during Q4 before moving higher. Cowen sees this current dip as part of a repeating pattern.

• Altcoins Still Weak – He argues that even if Bitcoin drops further, alts will drop more. If Bitcoin rallies, it will likely lead the move, leaving altcoins behind.

• Macro Support for Dominance – Bitcoin dominance surged in prior cycles during tight monetary phases. Cowen expects a similar outcome now, especially if the top is already in.

• Double Bottom for Alts Possible – Many alt-BTC pairs (like SOL, XRP) show a pattern of bottoming in summer and Q4. December could bring another leg down.

• Caution on Rally Hopes – Cowen says the cycle might be over, but even in that case, Bitcoin could still see a bounce back to the 200-day MA before heading lower.

Final Takeaway
Cowen remains firm: whether Bitcoin goes up or down, dominance is likely to rise. Altcoins may still have another leg down, and Bitcoin remains the safer bet in both bullish and bearish scenarios.

CoinBureau – Why BTC Could COLLAPSE In The Next Bitcoin BEAR MARKET!! (28.11.2025 Summary)

Guy from Coin Bureau explores what a true Bitcoin bear market could look like, using past cycles, technical levels, and changing market dynamics. He outlines both the worst-case scenarios and reasons why this cycle might behave differently.

Key Points

• History Suggests Deep Drawdowns
  If history repeats, BTC could drop 70-80% from its $126K high, placing a bottom around $30K - a level tied to previous cycle support and institutional accumulation zones.

• Bear Markets Take Time
  Previous full-cycle downturns lasted 12-15 months. If the top was in October 2025, this points to a bottom in late 2026 or early 2027.

• This Cycle May Be Different
  Spot ETF inflows, institutional holders like Strategy (MicroStrategy), and a maturing options market may reduce volatility and panic selling.

• Shallow vs Deep Bear
  A more modest bear could see BTC fall to the $50-60K range instead of $30K. But a major macro shock or ETF outflows could still trigger deeper pain.

• Altcoin Risk Is Higher
  ETH could fall 60-75% in a bear market. Other altcoins like SOL and XRP have historically dropped 90% or more and may again if things get rough.

Final Takeaway
Whether BTC sees a mild correction or a brutal downturn, Guy urges viewers to prepare for pain, manage risk, and remember that bear markets test patience more than price predictions.

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