Bitcoin falls below $95,000! Sunday morning pullback, is intense fluctuation coming again?

Bitcoin fell below $95,000 in the morning session today (16th), with 96,000 coins becoming the short-term “high-range zone.” (Background: Dragonfly partner: Currently it is “the most go-with-the-flow bear market in history,” relax a bit, Bitcoin rebounded to $96,000.) (Background information: Bitcoin's long wick candle dipped to $94,000, creating a six-month low, market sentiment has turned to extreme panic, and Ethereum is at risk of seeing the $20s.) On November 16th at around 09:40, Bitcoin (BTC) briefly fell below $95,000, with the latest price at $95,254, a daily decline of about 0.73%. This shows that the selling pressure range has been range-bound for several days. In the past week, BTC repeatedly tested the $100,000 level, and after losing the long-term moving average on Thursday evening, the fear and greed index fell into the extreme panic range this week, with safe-haven funds shifting towards gold. On-chain tokens and derivatives have shown long-term chip profit pullbacks, with cryptocurrency ETFs continuing to experience net outflows, and funding rates weakening. Institutional views have also diverged, with some institutions believing this period is a mid-term correction within a bull market, with structural support in the $91,000–$95,000 range. On the other hand, some have revised down the year-end and mid-term target prices, indicating that if $100,000 cannot be quickly reclaimed, the pullback may widen. Related reports: Bitcoin falls below $100,000》Charles Schwab's 'Bear Market Survival Guide': How to invest in a bear market? Michael Saylor clarifies: MicroStrategy has not sold Bitcoin! A new buying plan will be announced next Monday; is BTC about to rebound? 〈Bitcoin falls below $95,000! Sunday morning's pullback, is extreme fluctuation coming again?〉This article was first published on BlockTempo, the most influential blockchain news media.