The cryptocurrency market remained quite volatile during the last week of 10-16 November and ended the period in the negative. According to consolidated quotes of exchange trackers Bitcoin retreated from the zone of 106 thousand to 95-96 thousand dollars, the daily lows fell to 94 thousand dollars. Ethereum fell from about 3.57 thousand to 3.17 thousand dollars, Solana rolled back from about 167 to 141 dollars. The dynamics was accompanied by non-rhythmic flows in spot ETFs: days of net inflows and outflows alternated, which intensified the “sawing” of prices. Additional pressure was created by the growth of US government bond yields and investors’ caution before inflationary releases.
By segments, BTC holds the 94-96k reference zone, but momentum is muted and sensitive to daily flows into ETFs. ETH remains under pressure from outflows and capital rotation into select altcoins. SOL shows elevated beta volatility amid relatively steady inflows into ecosystem products.
Short-term 1-2 week view: the base case scenario assumes BTC consolidation in the $92-105k range with reaction to daily ETF flows and trejeris yields. Sustained inflows into funds for several days in a row may bring the price back to the upper boundary of the range, new outflows threaten to retest 94-95k. ETH is likely to move sideways at 3.05-3.35k until flows reverse, SOL – $135-155 with high sensitivity to ecosystem news.
Assessment by the end of 2025: in a bullish scenario, a series of net inflows into BTC – ETFs and improvement in global risk appetite can bring BTC back to 105-112k and pull ETH up to 3.4-3.7k. With a neutral background, trading is likely in the 95-107k corridor for BTC with quality Alts dominating. Bearish variant assumes strengthening of the dollar and yield with the risk of testing the area of 90 thousand on BTC and ETH drawdown below 3.0 thousand.
Key indicators for the next week: daily reports on inflows and outflows into spot ETFs on BTC, ETH and major alt products, metrics of leverage and liquidations on derivatives exchanges, as well as the US macro calendar (inflation, auctions of treasuries, Fed comments). For tactical strategies, the advantage of trading ranges and quick reactions to flows is fixed. For strategic positions, a measured build-up of long positions as inflows stabilise and volatility declines is preferred.