The market experienced strong correction during November: Bitcoin dropped from the October peak (~$126k) and lost over 20% this month, which caused overall pressure on high-risk assets.
Currently, there is strong volatility — some days a short rebound and some days a decline — meaning the market is in a correction/accumulation phase rather than a steady upward trend. (Binance updates suggest the same idea).
Current values (price range today) show fluctuations around ~$84k–$87k for Bitcoin and ~$2.8k–$3k for Ethereum — indicating that the market is still far from stability at a recent peak.
Potential Scenarios (what could happen next)
1. Continued Uptrend Scenario: If Bitcoin maintains strong support around $80k–$85k and institutional buying re-emerges, the market could resume an uptrend towards the next resistance levels (90k+).
2. Further Correction Scenario: If prices break the $80k support with increased exit liquidity (deleveraging) as recent analyses suggested, we may see a deeper drop/liquidation of positions before any real uptrend begins.
3. Longer Volatility Scenario: The market is going through consolidation — meaning sideways movements with fluctuations until macroeconomic data becomes clear (central bank policies, institutional flows, regulatory news).
Indicators to follow now (important)
Support level at ~$80k for Bitcoin — breaking this will change the short-term trend.
Trading volume and statements from institutional players/regulatory (such as Binance news or government decisions) — greatly affect the trend.
Stablecoin liquidity and Bitcoin dominance (BTC dominance ratio) — the transfer of liquidity to altcoins or vice versa gives a signal of market strength.
Practical advice (not advisory)
If you are looking for safety: Correction periods are not the best time to enter with full capital — consider dollar-cost averaging (DCA) or reducing exposure and committing to risk management.
For daily monitoring: Watch the $80k level and large liquidity operations, and keep in mind that the market can rebound quickly or collapse quickly.
