#BTCRebound90kNext?

Bitcoin has recently experienced a significant decline, breaking a winning streak that lasted for years in October 2025 (often referred to as "High October"). It was trading around $110,000 at the beginning of November but witnessed declines, with reports mentioning it briefly slipped below $90,000 around mid-November.

Much of the recent selling has been attributed to medium-term holders and large inflows from exchange-traded products (ETPs) for cryptocurrencies.

* Overbought signals: The futures market shows signs of speculative reset, with funding rates and open interest at levels considered by some to be oversold, indicating the possibility of a rebound.

* Long-term conviction: "Long-term whales" (wallets holding coins for more than 5 years) are still holding onto their assets, demonstrating ongoing conviction in Bitcoin's long-term value.