Bitcoin
$91,270.62 The new week had a flat start. While the price stabilized around $87,000, $129 million in net inflows from spot ETFs partially supported investor confidence. Despite the outflow trend that continued throughout the month, this entry signals the cautious return of institutional investors.
The Fragile Balance That Comes with ETF Inflows
According to SoSoValue data, on November 25 in the USA spot Bitcoin ETFThere was an inflow of 129 million dollars. This entry contributed to the market holding at lower levels despite the ongoing outflow pressure throughout November. Ethereum
$3,030.16 And solana The fact that 79 and 58 million dollars were directed to ETFs, respectively, revealed that investor interest was not limited to Bitcoin only.
BRN Research Director Timothy EgyptHe emphasized that fund flows created buying support in the short term, but this is not a permanent return signal yet. According to Misir, Bitcoin’s consolidation process in the $ 84,000-90,000 band is supported by selective buying by long-term investors. The fact that one third of market participants are still at a loss shows that price movements remain fragile.
Uncertainty continues on the macro front as well. announced yesterday US Producer Price IndexThe fact that was in line with expectations did not provide clarity regarding the Fed’s monetary policy path. Misir said, “The data forces the Fed neither to loosen nor to stay tight, which forces the market to price in two directions.”
Corporate Stress Testing in Cryptocurrencies
Head of research at Kraken subsidiary CF Benchmarks Gabe Selbystated that the current process is the first true institutional stress test for Bitcoin. According to Selby, the ETF market has accelerated price discovery while also testing institutional resilience during volatile periods. Stating that the current month was recorded as the weakest month in terms of ETF flows, Selby stated that the current sales indicate profit taking, not panic.
Coinbase UK CEO Keith Grose He stated that European-based institutions have adopted a more organized and controlled approach towards cryptocurrencies. Grose stated that examples such as the Czech Central Bank’s limited cryptocurrency portfolio trial strengthen the foundations of the long-term adoption process.
Experts say the biggest risks in the short term are ETF He states that the re-acceleration of outflows and the volatility created by the data-intensive macro calendar. In particular, a drop below $84,000 may weaken the fragile ground. On the other hand, regaining $92,000 or sustained inflows into BTC, ETH and SOL funds could confirm the recovery.

