HashWhale

From December 6 to December 12, the Bitcoin trend during this phase showed a clear multi-stage switching characteristic, manifested as "breaking support → range oscillation → rebound breakthrough → high-level oscillation → rapid repair." After breaking below the key support of $90,000, it experienced low-level oscillation to build a bottom, and then, driven by macro interest rate expectations and sentiment recovery, it launched a strong rebound, reaching a high of $94,444 at one point. The overall price operating range is between

From November 29 to December 5, 2025, Bitcoin exhibited a four-phase trend of "consolidation → plunge → rebound → fluctuation," with prices fluctuating significantly between $84,286 and $94,010, a range nearly close to $10,000. Initially, the market maintained a narrow consolidation phase, followed by a sudden drop due to technical corrections and leverage liquidations, but quickly experienced a V-shaped rebound, indicating a clear recovery in market sentiment.

This week, Bitcoin completed a phase of bottoming out after several days of concentrated downward pressure, with the market starting a technical recovery from the $81,000 area. During the period from the 24th to the 25th, a bottom-lifting structure was observed, as the market quickly shifted from liquidity withdrawal to gradual recovery. On the 27th, it broke through the key resistance level of $90,000 and accelerated with increased volume, with the price returning to oscillate above $91,000-$92,000. The current rebound is mainly driven by short covering.

After breaking through key support, a series of bottom tests occurred; the market has entered an extreme panic zone.

From November 8 to November 14, Bitcoin exhibited a five-stage price movement structure: "low rebound → sideways consolidation → upward attack on high points → pullback rebound → rapid breakdown downward." This week's price mainly ranged between $98,000 and $107,000. After multiple attempts to break the strong resistance at $105,000–$107,000 on November 10-11, the momentum weakened.

From November 1 to November 7, Bitcoin's overall trend showed a pattern of "sideways consolidation → rapid decline → low-level rebound and repair." The price mainly fluctuated between $111,000 and $101,000, with a significant drop during this period. On November 5, it briefly fell below the psychological level of $100,000, setting a new low for recent months. This was influenced by tightening macro liquidity and large-scale leverage liquidation.

From October 25 to October 31, Bitcoin overall presented a market rhythm of "first sideways consolidation → strong breakout → accelerated short liquidation surge → profit-taking pullback → wide fluctuations." The main price range was maintained between $106,398 and $116,000, with significant overall volatility, indicating that the short-term trend of the market is unstable and there are signs of capital speculation.

This week, Bitcoin's overall operating rhythm is characterized by "sideways consolidation → oscillating rise → short-term breakout → stabilization and rebound." The main price range is maintained between $106,000 and $114,000, with an overall fluctuation of about 7.5%, during which the forces of bulls and bears frequently alternate. The market has not yet completely escaped uncertainty and may still be affected by factors such as macro policies, exchange liquidity, and changes in capital flow in the short term.

From 121.40k to 105.88k, the "impact, repair, and reset" resulted in a hash rate of 1.240 ZH/s, with the hash price falling in the range of 47 to 49 USD.

Price fluctuations in intervals, elastic computing power, stable miner economy