BTC Holds Six Figures As Flows Stay Negative, ETH Still Fighting Its Downtrend

13th November 2025 • 10mins read

This Week’s Recap

Bitcoin Market Analysis

BTC traded this week between roughly $99,290 and $107,461, and a weekly decline of about 1.6 percent was recorded as frequent intraday swings failed to establish a directional bias. Price held near the $100,000 to $102,000 zone formed during the October flash crash, and each attempt to push higher faded before testing broader resistance. This behaviour showed that sellers no longer dominated, but buyers did not yet display conviction. The overall structure therefore indicated controlled consolidation inside a narrowing range.

Source: https://altfins.com/technical-analysis  

Technical conditions remained weak as BTC continued to move inside a falling wedge while short term and medium term moving averages pointed downward across most time frames. RSI fourteen held in a neutral zone without providing either overbought or oversold signals, and MACD maintained a bearish cross that had persisted for nearly one month. ATR near $3,982 confirmed that volatility remained moderately elevated but not disorderly. These readings showed that downward momentum had slowed yet not reversed, and trend structure still leaned negative.

Source: https://cryptoquant.com/insights/quicktake | @KriptoCenneti

On chain valuation reinforced this picture as the MVRV ratio declined from about 2.7 earlier in the year to roughly 1.8, placing BTC near its historical fair value band and signalling that unrealized profits had been largely absorbed. The ratio held between 1.8 and 1.9 while price oscillated between 102,000 dollars and 114,000 dollars, indicating that market value and realized cost basis had converged. This stability suggested that earlier speculative excess had been reset. The configuration implied that valuation had normalised and that the market was now operating near a neutral foundation.

Key levels were defined by immediate support between $100,000 and $102,000 and a secondary support layer near 94,000 dollars, while resistance appeared near $107,000 , $112,000 , and $120,000 . The 200 day moving average near $110,000 acted as both a structural ceiling and a potential confirmation level for any attempted breakout. A close above the upper wedge boundary and the 200 day average would be required to establish a positive shift in trend, while sustained trading below $100,000 would increase the probability of further downside. Expectations therefore rested on how price interacted with these defined thresholds.

Source: https://sosovalue.com/assets/etf/us-btc-spot

ETF flows remained a significant headwind as a net outflow of roughly $694 million accumulated over the past seven sessions, and a broader five day sequence produced nearly $1.9 billion in redemptions. The heaviest daily outflow exceeded $558 million , and most sessions reflected continued risk reduction among large holders. A reversal late in the week produced an inflow near $524 million , yet the weekly total remained negative and did not signal a completed shift in demand. Flow 

Headlines showed continued long horizon engagement, including a 487 BTC purchase by a major treasury style accumulator that raised total holdings to roughly 641,692 BTC and a meaningful increase in IBIT exposure among institutional clients. A regulated custodian also expanded access to Bitcoin linked DeFi products, which indicated incremental infrastructure growth. These developments suggested that long term participation persisted even as ETF flows weakened and technical structure softened. The combined landscape of normalised valuation, selective institutional accumulation, and heavy but potentially stabilising ETF flow pressure created a market posture that remained in consolidation while waiting for stronger directional confirmation.

Ethereum Market Analysis

Ethereum traded in a wide range this week as price moved between the recent low near 3,371 and the local high near 3,588. The sequence of opens and closes across seven sessions showed heavy mid-week selling followed by a modest recovery. The weekly structure reflected pressure from both negative ETF flows and weak technical momentum. Price finished near 3,430, which kept Ethereum below several declining short term averages. The overall pattern signalled a market still attempting to stabilise after earlier volatility.

Source: https://altfins.com/technical-analysis  

Key levels continued to frame price action with the nearest support positioned around 3,000 and a secondary level near 3,450. Resistance remained concentrated near 4,000 with a wider band extending toward 5,000. Trading within the Channel Down structure described by the user kept Ethereum capped beneath the upper trendline and guided sellers toward the mid-channel region. The recovery back above the 200 day simple moving average was constructive, although it did not yet change the dominant trend. A confirmed move above 4,000 remained the required signal for a trend break and a shift in market tone.

Weekly ETF data showed persistent outflows with the period recording a net decline of roughly $615,000,000 across the observed days. Only one session in the seven day window showed a positive inflow while several sessions posted large redemptions exceeding 100,000,000 dollars. Cumulative net inflows slipped from about 14.10 billion to 13.75 billion over the week and total net assets contracted alongside price. Trading volumes remained active between 1.13 billion and 1.98 billion, which indicated continued participation despite redemptions. The sustained pattern of outflows illustrated weakening institutional demand during the week.

Source: https://sosovalue.com/assets/etf/us-eth-spot 

Corporate accumulation remained a notable counterpoint as BitMine added more than 110,000 Ethereum, lifting total holdings above 3.5 million. That activity signalled that some large buyers maintained long term conviction even as broader flows softened. Ethereum also experienced a brief rally over the weekend as macro conditions improved, particularly after reduced concerns about a potential United States government shutdown. Market surveys showed Ethereum gaining ground as a perceived growth asset among professional investors. These developments provided supportive context although they did not outweigh the impact of negative flows and weak momentum.

In summary, Ethereum spent the week balancing heavy institutional outflows against stabilising technical signals and selective long term accumulation. Price held above the 200 day moving average but remained constrained by a clear Channel Down structure. Momentum stayed bearish yet showed early signs of inflection as MACD stabilised and RSI moved sideways. Support near 3,000 remained the decisive downside reference while resistance near 4,000 defined the path for any trend reversal. The overall profile pointed to a market in consolidation that required a confirmed breakout to reverse the dominant trend.

Mark Your Calendars

Economic Data Releases:

  • November 14, 2025 (Friday): Producer price index
  • November 14, 2025 (Friday): Core PPI

Token Unlock

  • November 15, 2025 (Saturday): WCT (WCT) unlocks $15.20 M (65.35 % of market cap)
  • November 15, 2025 (Saturday): CONX (CONX) unlocks $30.98 M (2.92 % of market cap)
  • November 15, 2025 (Saturday): STRK (STRK) unlocks $17.70 M (5.34 % of market cap)
  • November 17, 2025 (Monday): ARB (ARB) unlocks $25.42 M (2.01 % of market cap)
  • November 19, 2025 (Wednesday): YZY (YZY) unlocks $14.09 M (12.50 % of market cap)
  • November 20, 2025 (Thursday): ZRO (ZRO) unlocks $40.10 M (7.29 % of market cap)