Bitcoin and Crypto Market Update – November 1, 2025
Bitcoin has completed its cup-and-handle pattern, hitting the technical target near $118,000 before rolling over into a fresh rising-wedge formation. The new structure is supported by declining volume, hinting at fading momentum and a potential pullback toward $46,000.
Today’s move mirrors broader macro caution—the Fed’s pause on rate cuts and Trump–Xi trade tensions have triggered a wave of risk-off sentiment. Bitcoin is down 3.8% to $110,063, Ethereum −3.6% ($3,853), and XRP −4.1% ($2.51).
Despite the dip, ETF inflows remain strong (BTC +$202 M, ETH +$246 M), showing institutions still buying the weakness. November historically delivers +42.5% average gains, but traders should stay alert as the rising wedge matures.
Technical summary:
* ✅ Cup & Handle target ≈ $118 K (completed)
* ⚠️ Rising Wedge forming → Target ≈ $46 K
* 📉 Volume decline = weakening trend strength
* 🟢 Institutional inflows = long-term support, volume declining over 5-10 year cycle
📊 Posted by Market Monkey — decoding the market’s next move.
Bitcoin has completed its cup-and-handle pattern, hitting the technical target near $118,000 before rolling over into a fresh rising-wedge formation. The new structure is supported by declining volume, hinting at fading momentum and a potential pullback toward $46,000.
Today’s move mirrors broader macro caution—the Fed’s pause on rate cuts and Trump–Xi trade tensions have triggered a wave of risk-off sentiment. Bitcoin is down 3.8% to $110,063, Ethereum −3.6% ($3,853), and XRP −4.1% ($2.51).
Despite the dip, ETF inflows remain strong (BTC +$202 M, ETH +$246 M), showing institutions still buying the weakness. November historically delivers +42.5% average gains, but traders should stay alert as the rising wedge matures.
Technical summary:
* ✅ Cup & Handle target ≈ $118 K (completed)
* ⚠️ Rising Wedge forming → Target ≈ $46 K
* 📉 Volume decline = weakening trend strength
* 🟢 Institutional inflows = long-term support, volume declining over 5-10 year cycle
📊 Posted by Market Monkey — decoding the market’s next move.
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這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。