Bitfinex Alpha Report: BTC Is Near a Partial Bottom and Has the Foundation to Enter a Stabilization Phase
2025-12-01 13:53:34
The latest report from Bitfinex Alpha indicates that Bitcoin rallied significantly last week, rebounding more than 15% from recent lows to reach $93,116. However, selling pressure persisted, with Bitcoin falling 4.1% immediately after the opening of the week. From a time perspective, the market is approaching a partial bottom, although it remains to be seen whether the price bottoms. However, given the sharp decline in leverage, the sell-off of short-term holders, and signs of sellers running out of power, the market now has the foundation to enter a stabilization phase. In addition, the continued contraction of non-position squaring contracts while spot prices rose suggests that short covering, rather than new speculative risk-taking, could establish the basis for a sustained recovery in the fourth quarter.
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