- Market Commentary: This week, both BTC and ETH showed a rebound after bottoming out, with short-term technical recovery signals emerging but overall trends remaining weak. BTC bounced from a local low of $98,500 to around $103,000, yet remains constrained by resistance between the MA5–MA10 range. A sustained breakout above $105,000–$107,000 is needed to confirm further upside momentum. ETH rebounded from $3,056 to around $3,400 but continues to face pressure from short-term moving averages, maintaining a sideways consolidation pattern. Structurally, funds rotated toward privacy and infrastructure sectors, with overall sentiment seeing a brief recovery yet remaining cautious.
- This Week’s Focus: Monad confirmed that its mainnet will launch on November 24, with the MON token claim window now closed. Balancer released a preliminary incident report confirming that a rounding logic error was exploited in its V2 Composable Stable Pools. Meanwhile, Solana-based privacy trading platform Vanish launched its public beta, enabling private token transactions and introducing the “Silent Rewards” yield-sharing mechanism, boosting activity across the privacy sector.
- Key Data Highlights: BTC spot ETF flows turned positive, recording a net inflow of $239 million in a single day, signaling a short-term recovery in market sentiment. The total stablecoin market capitalization stands at $313.8 billion, with daily trading volume falling to around $179.3 billion, suggesting slightly reduced liquidity. Ethereum’s average gas fee dropped to 0.315 Gwei, significantly lowering on-chain transaction costs. The total cryptocurrency market capitalization rebounded to $3.45 trillion, showing short-term stabilization in market sentiment.
- Next Week’s Outlook: According to Tokenomist data, several major token unlocks are scheduled over the next seven days. LINEA, APT, and AVAX lead the list, with unlock values of $35.16 million, $29.86 million, and $27.59 million respectively—accounting for 18%, 1.5%, and 0.4% of their circulating supplies. These events could exert short-term selling pressure on token prices.
Discover more details today → Gate Research: BTC Rebounds from Lows | Monad Mainnet to Launch on November 24
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Gate Team
6 Kasım 2025
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