The post What the Chart Shows and What’s Driving the Volatility appeared on BitcoinEthereumNews.com. Bitcoin Bitcoin is trading around $91,800, up 1% over the last 24 hours but still down 11.3% for the week. The price action reflects a fragile recovery after several sharp intraday sell-offs, with traders showing caution across spot and derivatives markets. Market Structure Shows Waning Demand Despite the small 24-hour bounce, the broader trend remains weak. Analysts note that rallies have begun stalling due to diminishing demand, confirmed by lighter spot volume and fading momentum on the 4-day and weekly charts. Market depth has thinned, reducing the strength of buy-side liquidity needed for a sustained rebound. Short-term holders, typically the most reactive segment – continue to realize losses aggressively, a classic sign of capitulation within the early stages of a downtrend. What the Chart Is Signaling Right Now TradingView chart shows: A failed attempt to reclaim $93K–$94K, followed by a drop into the $89K range before a modest recovery. The MACD remains below the zero line, with the signal and MACD lines both pointing downward — a confirmation of weakening momentum. Volume spikes coincide with downward candles, highlighting sell pressure dominating bounce attempts. Bitcoin rebounded sharply after touching the $88,600 support zone, which aligns with the Active Investors’ Realized Price. At the same time, short-term holder losses surged to $523 million per day, a level typically associated with capitulation phases. The market slipped deep into oversold territory, triggering a wave of algorithmic buy programs and short liquidations, both of which helped stabilize price action.  On the daily timeframe, Bitcoin remains below the short-term moving averages, suggesting the trend bias is still bearish unless BTC reclaims the $94K level with strong volume. Macro Pressure: Fed Uncertainty Hits Risk Assets The weakening structure aligns with broader macro stress. The probability of a December Federal Reserve rate cut has fallen sharply — from… The post What the Chart Shows and What’s Driving the Volatility appeared on BitcoinEthereumNews.com. Bitcoin Bitcoin is trading around $91,800, up 1% over the last 24 hours but still down 11.3% for the week. The price action reflects a fragile recovery after several sharp intraday sell-offs, with traders showing caution across spot and derivatives markets. Market Structure Shows Waning Demand Despite the small 24-hour bounce, the broader trend remains weak. Analysts note that rallies have begun stalling due to diminishing demand, confirmed by lighter spot volume and fading momentum on the 4-day and weekly charts. Market depth has thinned, reducing the strength of buy-side liquidity needed for a sustained rebound. Short-term holders, typically the most reactive segment – continue to realize losses aggressively, a classic sign of capitulation within the early stages of a downtrend. What the Chart Is Signaling Right Now TradingView chart shows: A failed attempt to reclaim $93K–$94K, followed by a drop into the $89K range before a modest recovery. The MACD remains below the zero line, with the signal and MACD lines both pointing downward — a confirmation of weakening momentum. Volume spikes coincide with downward candles, highlighting sell pressure dominating bounce attempts. Bitcoin rebounded sharply after touching the $88,600 support zone, which aligns with the Active Investors’ Realized Price. At the same time, short-term holder losses surged to $523 million per day, a level typically associated with capitulation phases. The market slipped deep into oversold territory, triggering a wave of algorithmic buy programs and short liquidations, both of which helped stabilize price action.  On the daily timeframe, Bitcoin remains below the short-term moving averages, suggesting the trend bias is still bearish unless BTC reclaims the $94K level with strong volume. Macro Pressure: Fed Uncertainty Hits Risk Assets The weakening structure aligns with broader macro stress. The probability of a December Federal Reserve rate cut has fallen sharply — from…

What the Chart Shows and What’s Driving the Volatility

Bitcoin

Bitcoin is trading around $91,800, up 1% over the last 24 hours but still down 11.3% for the week.

The price action reflects a fragile recovery after several sharp intraday sell-offs, with traders showing caution across spot and derivatives markets.

Market Structure Shows Waning Demand

Despite the small 24-hour bounce, the broader trend remains weak. Analysts note that rallies have begun stalling due to diminishing demand, confirmed by lighter spot volume and fading momentum on the 4-day and weekly charts. Market depth has thinned, reducing the strength of buy-side liquidity needed for a sustained rebound.

Short-term holders, typically the most reactive segment – continue to realize losses aggressively, a classic sign of capitulation within the early stages of a downtrend.

What the Chart Is Signaling Right Now

TradingView chart shows:

  • A failed attempt to reclaim $93K–$94K, followed by a drop into the $89K range before a modest recovery.
  • The MACD remains below the zero line, with the signal and MACD lines both pointing downward — a confirmation of weakening momentum.
  • Volume spikes coincide with downward candles, highlighting sell pressure dominating bounce attempts.
  • Bitcoin rebounded sharply after touching the $88,600 support zone, which aligns with the Active Investors’ Realized Price. At the same time, short-term holder losses surged to $523 million per day, a level typically associated with capitulation phases.
  • The market slipped deep into oversold territory, triggering a wave of algorithmic buy programs and short liquidations, both of which helped stabilize price action. 

On the daily timeframe, Bitcoin remains below the short-term moving averages, suggesting the trend bias is still bearish unless BTC reclaims the $94K level with strong volume.

Macro Pressure: Fed Uncertainty Hits Risk Assets

The weakening structure aligns with broader macro stress. The probability of a December Federal Reserve rate cut has fallen sharply — from 94% a month ago to 29% now. This shift reduces appetite for risk assets, particularly crypto, which historically performs best in declining-rate environments.

Institutional Outflows Add to the Pressure

BlackRock’s IBIT ETF recorded one of its largest outflows since launching in January 2024, signaling notable institutional selling. These outflows have added additional weight to an already fragile market.

Sentiment Turns Bearish, But Long-Term Buyers Step In

Retail sentiment is firmly in “bearish” territory. Social and trading activity reflect high levels of fear and defensive positioning among smaller investors.

Yet long-term conviction remains strong in some corners. Strategy’s Michael Saylor has continued purchasing Bitcoin, treating the pullback as a strategic accumulation opportunity — consistent with his historical behavior during market stress.

Conclusion

Bitcoin’s current price at $91.8K represents a technical pause inside a broader weakening trend. Waning demand, institutional outflows, and macro uncertainty continue to weigh on sentiment. While near-term price action looks fragile, long-term buyers continue accumulating — suggesting the market may be in the middle of a deeper reset rather than a structural breakdown.

Author

Kosta joined the team in 2021 and quickly established himself with his thirst for knowledge, incredible dedication, and analytical thinking. He not only covers a wide range of current topics, but also writes excellent reviews, PR articles, and educational materials. His articles are also quoted by other news agencies.

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Source: https://coindoo.com/bitcoin-at-91500-what-the-chart-shows-and-whats-driving-the-volatility/

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