Bitcoin just hit a critical point: analysts split between $85K crash and $250K surge

  • Bitcoin trades near $92K amid mixed signals from ETFs and tech markets.
  • Hoskinson and Saylor predict a strong BTC rebound despite recent losses.
  • ETF outflows and macro risks could, however, push BTC toward $85K support.

While Bitcoin price has recovered from the low of $88,540 hit on November 19, the question is whether it will hit a higher high than the $93,403 registered on November 18.

Some analysts believe BTC is preparing for a deeper slide, while others insist a powerful rebound is already forming beneath the surface.

At press time, BTC price was around $92,237 and already showing signs of exhaustion, which would spell doom since it formed a lower low on November 19, which is a bearish sign.

Bullish calls grow despite the slide

At $92,237, Bitcoin (BTC) is reeling from a bruising stretch that has erased more than $33,000 from its value in under two months.

Notably, today’s uptick follows a pause in ETF outflows and a rebound in tech stocks, driven by Nvidia’s stronger-than-expected earnings.

While the market remains on edge as macro uncertainty and shifting liquidity conditions continue to pressure risk assets, Cardano founder Charles Hoskinson remains one of the strongest voices calling for a major rebound.

During CNBC’s Squawk Box show on Tuesday, Hoskinson argued that Bitcoin’s recent losses reflect broader macro distortions, including tariff tensions, recession risks, and uneven regulatory signals.

Hoskinson believes these forces will ease in the coming months.

He expects BTC to recover sharply and potentially hit $250,000 within the next year, projecting that institutional adoption and large-scale tokenisation will redefine market cycles.

Michael Saylor shares a similar level of confidence, viewing the current downturn as typical of Bitcoin’s long-term behaviour.

The MicroStrategy executive says the company is built to withstand extreme drawdowns, calling his position “indestructible” in a recent interview with Fox Business.

Notably, Saylor has continued to buy BTC even as volatility increases, reinforcing his view that deep corrections are part of the broader path toward higher valuations.

ETF activity has also become a pivotal factor.

The BlackRock Bitcoin ETF posted a record $523 million daily loss on November 18 following a streak of outflows across the spot Bitcoin ETF landscape.

Total Bitcoin Spot ETF Net Inflow
Total Bitcoin Spot ETF Net Inflow | Source: Coinglass

The Bitcoin ETFs outflow seems to have stabilised, with IBIT seeing $60M worth of inflows on November 19.

Analysts warn that sustained inflows will be essential if Bitcoin hopes to avoid a retest of this week’s lows.

Bearish risks still loom

Not all signals point upward. Some traders see a real chance BTC could break below key support levels near $90,000.

If the market fails to hold this support, prediction platforms indicate rising expectations of a drop toward $87,000.

ETF outflows totalling more than $3 billion this month highlight lingering caution, and many retail participants remain hesitant after weeks of drawdowns.

Macro conditions remain complicated.

Expectations of Federal Reserve rate cuts have faded, while recession concerns are resurfacing due to weak jobs data and ongoing trade friction.

These pressures have limited upside momentum even as Nvidia’s tech rally briefly boosted risk appetite.

Despite the uncertainty, Bitcoin continues to trade like a high-beta asset tied closely to broader market sentiment, and the next few days may determine whether buyers regain control or whether sellers will test new lows.

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BlackRock expands Ethereum staking plans with new Delaware trust

  • The trust was formed on Nov. 19 under the Securities Act of 1933.
  • A Form S-1 filing with the SEC would be required before the product launches.
  • ETHA, BlackRock’s spot Ethereum ETF, has more than $13 billion in inflows.

BlackRock has taken another step toward a staking-focused Ethereum ETF by setting up a new statutory trust in Delaware, signalling fresh movement in the fast-growing market for yield-generating crypto products.

The trust, called the iShares Staked Ethereum Trust ETF, was officially formed on Nov. 19, according to state records.

While the filing does not include product documents, it adds to a broader industry shift toward staking features within regulated ETFs.

The move positions BlackRock to explore yield-bearing structures as competitors such as Grayscale, Fidelity, 21Shares, Franklin Templeton, and REX-Osprey advance their own staking plans across major digital asset funds.

Delaware trust expands BlackRock’s Ethereum plans

The new trust was registered under the Securities Act of 1933, which requires full disclosures before any product reaches investors.

This registration serves as a preliminary step rather than a full submission to the US Securities and Exchange Commission.

To move forward, BlackRock would still need to file a Form S-1, but the firm has not provided a timeline.

Delaware continues to be a popular state for early-stage ETF setup because of its regulatory structure, and BlackRock has often used the same route when preparing digital asset products.

Link to BlackRock’s Ethereum ETF strategy

The trust now sits alongside ETHA, the firm’s spot Ethereum ETF that launched in July 2024.

ETHA has attracted more than $13 billion in inflows and currently does not stake its holdings.

Nasdaq filed a Form 19b-4 in July 2025 to allow ETHA to stake ETH with approved validators.

If approved, that update would introduce staking rewards while also requiring detailed disclosures about custody arrangements, slashing risks, validator selection, and the handling of locked ETH.

Staking rewards on Ethereum generally range between 3% and 5% each year, and issuers must explain how they will track, calculate, and distribute those rewards.

Growth in staking-focused ETFs

BlackRock’s move comes as the broader ETF market accelerates toward staking-enabled products.

Grayscale received approval in October 2025 to introduce staking within ETHE and its Mini Trust ETF, making them the first Ethereum funds under the 1933 Act permitted to earn staking rewards.

Other issuers, including Fidelity, 21Shares, Franklin Templeton, and REX-Osprey, have also submitted similar filings.

REX-Osprey already operates a staked Solana ETF and launched a staked Ethereum version in September.

BlackRock’s digital assets head Robert Mitchnick said staking features across ETFs could attract between $10 and $20 billion by mid-2026.

Experts now expect the next catalyst to be BlackRock’s potential S-1 submission, which would move the new trust closer to becoming a yield-bearing Ethereum ETF.

Rising market interest in Ethereum staking

ETF analysts say expanding staking options could lock a significant amount of ETH within regulated products, influencing liquidity and long-term supply.

The combination of new filings, updated fund structures, and rising capital inflows has set up a competitive race among issuers.

BlackRock’s new trust adds another step in that process, signalling how institutional demand for Ethereum staking continues to reshape the ETF landscape.

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Shiba Inu price slips despite payment card and 114M token giveaway launch: here’s why

  • Whale selling and market fear push the Shiba Inu price lower.
  • SHIB card launches with zero fees and free rewards for early users.
  • Technical weakness keeps SHIB below key moving averages and support.

Shiba Inu price is facing renewed pressure despite the launch of an innovative SHIB-branded payment card and a major token giveaway.

While the launch of the SHIB card and accompanying SHIB rewards is a high-profile attempt to stimulate activity, the memecoin’s technical and market fundamentals suggest ongoing headwinds.

Shiba Inu launches SHIB payment card and rewards

Shiba Inu has partnered with digital asset exchange Bitget to introduce a custom SHIB-themed payment card, marking a step toward mainstream crypto adoption.

The SHIB card allows users to spend up to $400 per month in crypto with zero fees, including no conversion costs, foreign exchange fees, or hidden spreads.

Opening the Bitget Wallet Card is completely free, lowering the barrier for new users eager to integrate SHIB into daily transactions.

To celebrate the launch, the Shiba Inu ecosystem also rolled out a generous rewards program.

The first 100 users to claim the SHIB × Bitget Wallet Card will share a pool of 114,678,899 SHIB, while all subsequent participants receive $5 in SHIB.

The promotion runs from November 19 to November 26, with all rewards set to be distributed on November 28.

According to the official Shiba Inu X account, this campaign is designed to show the world how the ShibArmy can spend crypto, combining utility with community incentives.

Market headwinds weigh on Shiba Inu price

Despite these positive developments, the Shiba Inu price has dipped 3.83% in the past 24 hours, underperforming the broader crypto market, which fell 3.2%.

The decline extends the token’s seven-day loss of 12.32%, reflecting weak technical signals and heightened market risk aversion.

A major factor behind the drop is significant whale activity, with over 60 billion SHIB moved to exchanges in the past 24 hours.

Large inflows often precede selling, particularly in low-liquidity conditions, amplifying the risk of price declines as buyers struggle to absorb the additional supply.

Investor sentiment has also played a role, as the Fear & Greed Index shows “Extreme Fear” at 16/100.

Bitcoin dominance has also risen to 58.44%, signalling a rotation of capital away from riskier altcoins like Shiba Inu.

SHIB’s high-beta nature makes it particularly vulnerable during periods of market-wide risk aversion, and its lack of intrinsic utility exacerbates the impact.

Metrics reflecting the altcoin season indicate a diminishing appetite for speculative tokens, further weighing on the SHIB price.

Technical analysis signals a bear market

From a technical analysis standpoint, Shiba Inu (SHIB) continues to trade below key moving averages, with the 7-day SMA at $0.000009027 and the 30-day SMA at $0.0000097059.

In addition, the RSI sits at 39.04, indicating no oversold conditions and limited upward pressure from buyers.

Furthermore, the volume contraction of 22.57% reinforces the lack of momentum, suggesting that even moderate selling could push the price lower.

According to the analysis, the June low of $0.0000083 serves as a critical support.

Shiba Inu price outlook

While the launch of the SHIB × Bitget Wallet Card and the 114M SHIB giveaway have generated excitement, they have not offset broader market and technical challenges.

Whale selling pressure, extreme fear sentiment, and weak technical indicators could limit the short-term impact of SHIB card adoption and reward incentives.

As a result, traders should watch the November low of $0.00000843, especially if exchange inflows persist.

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SOL dips below $140 as market sentiment remains bearish

Key takeaways

  • Solana is down by less than 1% and is currently trading below $140.
  • Canary Capital and Fidelity announced the launch of their spot Solana ETFs SOLC and FSOL on Tuesday.

SOL down 1% despite positive fundamentals

SOL, the native coin of the Solana blockchain, is down by less than 1% in the last 24 hours and is currently trading below $140. This bearish performance comes despite Canary Capital and Fidelity announcing the launch of their spot Solana Exchange Traded Funds (ETFs), SOLC and FSOL, on Tuesday.

The news boosted market sentiment amid growing institutional investors. However, it didn’t translate into a positive rally for SOL, as the coin continues to eye the weekly support level around $128. 

Fidelity became the fourth asset manager to launch an SOL ETF and also added a staking feature to the fund. This latest development indicates growing institutional interest in Solana-based investment products, which could become a bullish outlook for SOL in the long term. 

SOL could retest the $128 low as bearish momentum persists

The SOL/USD daily chart is bearish and efficient as Solana has underperformed over the past few days. SOL faced rejection at the daily level of $168.79 last week and has lost over 22% of its value since then. At press time, SOL is trading above $136 per coin after hitting the $144 level on Tuesday. 

SOL/USD Daily Chart

If the current support level at $128.68 continues to hold, SOL could extend the recovery toward the next major resistance and TLQ level at $160. The RSI on the daily chart currently stands at 34, indicating that the bearish trend remains strong.

However, if SOL’s daily candle closes below $128.68 over the next few hours, the coin could extend its decline toward the next daily support at $118. Currently, the trend and order flow are negative, indicating that sellers are in control.

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Litecoin Price Forecast: Weak demand could push LTC below $90

Key takeaways

  • LTC is down 1.7% in the last 24 hours and is trading above $93 per coin.
  • The bearish performance comes amid weakening demand.

LTC stays below $100

The cryptocurrency market has underperformed earlier this week, but the selling pressure has subsided in the past few hours. Litecoin is currently down by 1% in the last 24 hours and is currently trading above $93, down from the $95 weekly high it reached a few hours ago.

Despite the recent price action, the fundamentals for Litecoin remain neutral. The total supply of LTC coins in profit dropped to 57%, creating a heavy selling activity, with investors posting a combination of loss realization and profit-taking in the past few days.

According to the data obtained from Santiment, the distribution comes mainly from investors who purchased the cryptocurrencies over the last two months. 

This weakness is also significant across US spot Litecoin exchange-traded funds (ETFs) as they have failed to attract demand. 

Data obtained from SoSoValue shows that since the launch of the Litecoin ETFs in October, they have attracted a cumulative net inflow of $7.26 million, according to SoSoValue data. The only spot Litecoin ETF available in the US is Canary’s LTCC.

On the derivatives market, Litecoin’s funding rates flashed negative twice over the last two days. This indicates short traders are gaining momentum in the Litecoin market. Litecoin’s Open Interest (OI) has recovered slightly to 5.57 million LTC but remains far from pre-October 10 leverage-flush levels of 8.80 million LTC.

LTC could retest the $90 support level

The LTC/USD daily chart remains bearish and inefficient as the coin has lost 8% of its value in the last seven days. Litecoin dipped to the $90.2 support level on Tuesday but quickly rallied to the $95.4 resistance area. It failed to overcome the $95 resistance area and is now trading above $93.66. 

LTC/USD Daily Chart

The Relative Strength Index (RSI) and Stochastic Oscillator (Stoch) are below their neutral levels, indicating that the bears are currently in control of the market. 

If the bullish recovery continues, LTC could rally above the $116 efficiency level over the next few hours. However, LTC could drop to the $80 support level if the bulls fail to defend the $90.2 region.

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