BTC fell below 90,000! Amid the panic selling, long-term capital is quietly bargain hunting

Nakamoto 2025-11-24 11:55 59082人围观 BTC

👆Follow me to share Web3 cutting-edge news every day👆Inskirt+Q: 3846328374 Bitcoin (BTC) recently fell below the US$90,000 mark, hitting a record of 4 A new low since January, with a drop of more than 11% in the past week, and the market has been envelope

👆Follow me to share Web3 cutting-edge news every day👆Jinqun +Q: 3846328374
Bitcoin (BTC) recently fell below the $90,000 mark, hitting a new low since April. It has dropped more than 11% in the past week, and the market has been enveloped in extreme panic. Despite the surge of short-term selling pressure, long-term investors have begun to bargain hunting, and the core of subsequent trends lies in the defensive effect of key support levels.

1. The core promoters of falling below 90,000

The resonance of emotions and capital puts pressure on the red candles on the hourly chart to dominate trading. When prices fall, trading volume increases simultaneously. The RSI indicator falls to the oversold range of 24. The CMF indicator continues to be below zero. Sellers have full control of the market, and buyers can only briefly try to maintain stability.

(Data source: TradingView)
The support level has been continuously lost, and the previous support has weakened. Coupled with the turmoil in the technology industry and the lack of macroeconomic signals, the uncertainty has further amplified short-term panic, pushing BTC to accelerate its decline. Enter skirt +Q: 3846328374

2. Key variables: Long-term capital enters against the trend

In stark contrast to the panic selling by short-term holders (STH), accumulation by long-term holders (LTH) has surged to pre-rebound highs.

Bitcoin

(Data source: X)

In their eyes, this correction is a good entry opportunity rather than a risk signal - even if the market has a huge backlog of selling pressure, this type of funds, which usually only sell when the market is under deep pressure, has begun to take the initiative. Farzam Essani, CEO of VALR, mentioned that we are currently in the autumn of Bitcoin’s four-year cycle, and some major players are still cautiously optimistic.
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3. Follow-up focus: three major support positions to determine direction

The active actual price of the first line of defense of $89,400 is the current core test level. Joao Wedson, CEO of Alphractal, pointed out that if it fails, it will open up further downside space.

(Data source: X)
The second support of $82,400 once provided support in July 2021, but its stability is questionable in the current market environment, and it is one of the potential entry reference levels for high-risk traders.

(Data source: X)
The ultimate safety cushion is the long-term CVDD buying area of $45,500-50,000. If the economic recession intensifies, this may become the final demand support area at the bottom of the cycle.

Currently, BTC is showing a differentiated pattern of "short-term panic selling + long-term capital bargain hunting". The defensive effect of US$89,400 will be a watershed in the short-term trend, while in the long-term, we need to pay attention to changes in the macro environment and cyclical rhythms.

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