November 30 Afternoon Bitcoin #BTC Latest Market Situation
$BTC
The current market overall presents characteristics of 'oversold rebound and strong resistance level contention.' After dipping to a low of $80,728 on November 21, the price has started to rebound, but the upward momentum seems to be facing resistance around $91,000.
• Positive signals: On-chain data shows that whale addresses holding over 10,000 BTC have resumed net accumulation, marking the strongest buying trend in months, which may indicate that large funds believe the current price range has long-term value. Meanwhile, outflows from the U.S. spot Bitcoin ETF have significantly slowed to $29.8 million per day, easing selling pressure.