$BTC has dropped more than 15% so far this month, putting it on pace for its weakest November performance since 2019. Historically, November has been considered one of Bitcoin’s strongest months, but the current drawdown is testing that reputation as market conditions shift.
#Solana $SOL is showing a V-shaped recovery on the 4H chart after a 25% drop from $173, with the RSI rebounding from 28 to 50, signaling growing bullish momentum. The weekly chart highlights $130 as a major support zone that has historically triggered large rallies—108% in late 2024 and 98% in mid-2025. If history repeats, SOL could climb toward $250, roughly 80% above current levels. In the short term, reclaiming the 20-day EMA at $160 would open upside targets in the $180–$200 range.
Crypto markets saw a heavy shakeout, with over $1B in liquidations wiping out more than 180,000 traders. Longs absorbed the bulk of the damage at $717M, while shorts lost $291M. The biggest hit was a $96.5M $BTC position liquidated on Hyperliquid. #BTC90kBreakingPoint
After making a high of $123,300, it dropped a bit and made short-term support at $117,000, and currently it is holding at this level.
But it is not strong enough to hold, we will retest the lower level.
IMO, we can see a retest up to $113,000 level approximately.
Where we have 0.382 golden fibre level, which is also aligning with some more important indicators, and most importantly, we have good numbers of liquidation at that level.
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Bitcoin is holding strong around $106.9K after reclaiming key liquidity levels. Eyes now on the $108.9K resistance — a breakout here could ignite the next leg toward new ATHs! 📈
🟢 Spot buyers watching: • $105.5K - $100K zone for entries • Break above $106K triggered last rally • $108.9K = critical breakout level
⚠️ Sub $105.5K? Watch for liquidity sweep + bounce like last week.
If Bitcoin ($BTC ) reaches a new all-time high (ATH), over $2 billion in short positions could be liquidated. With Bitcoin currently just 3.2% below its ATH, even one strong price surge could trigger a major short squeeze and a wave of liquidations.