Archive · 6 Nov 2025
Bitcoin Under $105K as ETF Flows Face Resistance and Macro Headwinds
Imagine Bitcoin is like a popular toy that's currently stuck below a price tag of $105,000.
Even though people are buying special funds that hold Bitcoin and Ethereum again, they're not selling for less than they paid.
This means that folks who bought Bitcoin recently are losing a little money when they sell it now.
It's like the toy is popular, but it's having trouble getting past a certain shelf in the store.
Some big banks, like the Federal Reserve and China's central bank, are adding more money to the economy.
This might make people feel more confident to buy the toy again soon.
In the past, even when this toy dropped a lot, it usually bounced back up later.
Bitcoin price is facing resistance below $105,000, while Ethereum is capped around $3,500.
Bitcoin ETFs saw $238.5 million in inflows and Ethereum ETFs $28.1 million on November 5, following prior outflow sessions.
Both Bitcoin and Ethereum remain below key moving averages, indicating a neutral to bearish near-term outlook.
Short-term Bitcoin holders are selling at a loss, though current market stress is not yet full capitulation.
Coordinated liquidity injections by the Federal Reserve and China's central bank may signal a turning point for risk assets like Bitcoin.
- Who
- Traders, investors, Bitcoin and Ethereum ETF participants, Federal Reserve, China's central bank.
- What
- Bitcoin is trading below $105,000 and Ethereum below $3,500, facing resistance despite renewed inflows into their respective ETFs. Short-term holders are selling at a loss, but the market is not yet in full capitulation.
- When
- November 5-6, 2025
- Where
- Global cryptocurrency market, with focus on ETF activity and central bank actions.
- Why
- Market participants are weighing renewed ETF inflows against selling pressure from short-term holders, hawkish comments from the Fed, and significant liquidations. Coordinated liquidity injections by the Federal Reserve and China are seen as potential catalysts for a trend reversal.
- Bitcoin Price Resistance
- $104,000-$105,000
- Ethereum Price Resistance
- $3,500
- Bitcoin ETF Inflows (Nov 5)
- $238.5 million
- Ethereum ETF Inflows (Nov 5)
- $28.1 million
- Recent Market Driver
- Hawkish Fed comments, over $1.1 billion in liquidations
- Global Liquidity Injections
- $29.4 billion (Federal Reserve), Record cash infusion (China)
- Short-Term Holder Status
- Selling at a loss, but not yet full capitulation