63K Bitcoin Exits Long-Term Wallets: A Surge of Speculative Short-Term Buying

Bitcoin is struggling to reclaim momentum as it trades below the critical $90,000 level, with selling pressure dominating the market and fear spreading rapidly. Many analysts are leaning toward calling the start of a new bear market, arguing that Bitcoin likely topped in early October near $126,000. Momentum has weakened sharply since then, and investor behavior now reflects a shift toward risk-off positioning. This unprecedented transfer is clearly visible in the Long-Term Holder Net Position Change chart, which shows a massive red bar a negative daily difference signaling heavy outflows from long-term holder wallets. This type of behavior typically appears during late-stage bull markets or near local and cycle tops, when long-time investors with substantial profit margins begin realizing gains. At the same time, the corresponding Short-Term Holder Net Position Change chart shows a huge green bar, confirming that newer, more reactive market participants are buying these coins, often at elevated prices. Long-Term Holders Distribute as Short-Term Buyers Absorb Supply CryptoOnchain explains that the current market structure is being shaped by a clear divergence in behavior between Long-Term Holders (LTHs) and Short-Term Holders (STHs). LTHs historically considered the “strong hands” of the market are now heavily distributing, sending large amounts of Bitcoin into the market after months or even years of holding. At the same time, STHs are aggressively buying and accumulating this supply, often entering positions at elevated prices despite growing volatility. This dynamic is not inherently a bearish signal on its own. In fact, such transitions are common during late-stage bull markets, where early investors secure profits while new participants enter the market with fresh capital. It reflects a natural rotation of supply from experienced holders to newer ones, a pattern seen repeatedly in previous cycles. However, the volume of distribution is significant, and it raises an important risk: if incoming demand fails to fully absorb the coins being offloaded by LTHs, the market could face a deeper correction or extended consolidation phase. This supply pressure can weigh on price, especially in a context where sentiment is fragile and macro conditions remain uncertain. Weekly Chart Signals a Critical Retest of Macro Support Bitcoin is attempting to stabilize around the $87,000 level after an intense multi-week sell-off that dragged price as low as $85,946. On the weekly chart, Bitcoin has now tapped the 100-week moving average (green line), a historically important support level during bull-market retracements. This line acted as a springboard in previous cycles, but the current bounce remains weak and indecisive, reflecting the fear dominating the market. Momentum has clearly shifted bearish. The breakdown from the $110K-$100K consolidation zone triggered accelerated selling, confirming a loss of market structure on the weekly timeframe. Candles over the past three weeks show high-volume distribution, with sellers overwhelming demand each time Bitcoin attempted to reclaim higher levels. The steep slope of the 50-week MA turning slightly down is another sign that trend strength has softened. However, the reaction at the 100-week MA is critical. Bulls aggressively defended this area in prior macro corrections, and holding above $83K-$86K keeps the long-term bull structure intact. A weekly close below this zone, however, opens the door to deeper downside toward the 200-week MA near $56K-$60K. Featured image from ChatGPT, chart from TradingView. com.
https://bitcoinethereumnews.com/bitcoin/63k-bitcoin-exits-long-term-wallets-a-surge-of-speculative-short-term-buying/

ETH Price Prediction: Ethereum Targets $4,200-$4,500 by December 2025 as Technical Indicators Signal Bullish Momentum

With Ethereum trading at $3,900.37 as of November 2, 2025, technical indicators are painting an increasingly bullish picture for ETH despite mixed analyst sentiment. Our comprehensive ETH price prediction analysis reveals multiple catalysts converging for a potential breakout toward the $4,200-$4,500 range over the next month.

### ETH Price Prediction Summary
– **ETH short-term target (1 week):** $4,100 (+5.1%)
– **Ethereum medium-term forecast (1 month):** $4,200-$4,500 range
– **Key level to break for bullish continuation:** $4,263 (immediate resistance)
– **Critical support if bearish:** $3,674 (invalidation below $3,435)

### Recent Ethereum Price Predictions from Analysts

The latest Ethereum forecasts from major analysts show a notable convergence around the $4,200-$4,500 range, providing strong validation for our ETH price prediction.

– **CoinCodex** leads with the most aggressive short-term target of $4,295.43 by November 4, citing a potential 10.31% increase driven by technical momentum.
– **LiteFinance**’s ETH price target of $4,500 aligns with our upper range projection, supported by their identification of the $4,060 support level that has held firm.
– Meanwhile, **CryptoOnChain**’s $4,272.40 prediction by November 30 is backed by historic highs in Ethereum’s altcoin activity, suggesting robust network fundamentals.
– The bearish outlier comes from **DigitalCoinPrice** with a conservative $3,877.19 target, though their low confidence rating suggests limited conviction in this downside scenario.

### ETH Technical Analysis: Setting Up for Bullish Breakout

Our Ethereum technical analysis reveals several compelling signals supporting the bullish ETH price prediction.

– The **MACD histogram** at 4.1690 indicates strengthening bullish momentum.
– The current price positioning at **0.41 within the Bollinger Bands** suggests room for upward movement toward the upper band at $4,135.
– The **RSI at 45.35** sits in neutral territory, providing ample space for appreciation without entering overbought conditions. This setup is particularly bullish as it allows for sustained momentum without immediate selling pressure from profit-taking.
– Volume analysis from Binance shows healthy $596.7 million in 24-hour trading, supporting the validity of current price action.
– The daily **ATR of $194.02** indicates normal volatility levels, suggesting any breakout move could sustain momentum without excessive choppy price action.

### Ethereum Price Targets: Bull and Bear Scenarios

#### Bullish Case for ETH

The primary ETH price target sits at **$4,263.38**, representing the immediate resistance level that, once broken, opens the path toward $4,500. This Ethereum forecast is supported by the convergence of the 50-day SMA at $4,163.74 and the Bollinger Band upper range.

For maximum bullish potential, ETH could test the strong resistance at **$4,755**, representing a 22% upside from current levels. This scenario requires breaking above $4,500 with sustained volume and continued positive momentum indicators.

#### Bearish Risk for Ethereum

The critical support level to monitor is **$3,674.50**, which represents the immediate downside target in any correction scenario. A break below this level would invalidate the current bullish ETH price prediction and potentially target the strong support at $3,435.

The 200-day SMA at **$3,351.49** represents the ultimate bearish target, though reaching this level would require a significant fundamental shift in market sentiment.

### Should You Buy ETH Now?

#### Entry Strategy

Based on our Ethereum technical analysis, the current price around $3,900 offers a reasonable entry point for those asking whether to buy or sell ETH.

The optimal strategy involves scaling into positions on any dips toward the **$3,850-$3,880** range, near the pivot point of $3,890. Risk management suggests placing stop-losses below $3,674 to limit downside exposure to approximately 7-8%.

For conservative investors, waiting for a break above $4,000 with volume confirmation provides a safer entry with defined upside targets. Position sizing should account for ETH’s daily volatility of $194, suggesting gradual accumulation rather than concentrated purchases.

### ETH Price Prediction Conclusion

Our comprehensive analysis supports an ETH price prediction of **$4,200-$4,500 by December 2025**, representing 8-15% upside potential from current levels. This Ethereum forecast carries medium-to-high confidence based on converging technical indicators and analyst consensus.

Key confirmation signals include a break above $4,100 with sustained volume, continued MACD histogram expansion, and RSI movement into the 50-60 range. Invalidation occurs below $3,674, which would shift the outlook to neutral-to-bearish.

The timeline for this ETH price target extends through December 2025, with initial confirmation expected by mid-November if current momentum sustains. Traders should monitor the **$4,263 resistance level** as the critical gateway to higher targets in this evolving Ethereum forecast scenario.

*Image source: Shutterstock*
https://Blockchain.News/news/20251102-price-prediction-eth-ethereum-targets-4200-4500-by-december

Exit mobile version
Sitemap Index