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Crypto prices today saw a measured recovery after yesterday\u2019s sharp correction, with major assets edging higher and sentiment showing signs of stabilization.<\/p>\n
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The total crypto market cap rose 2.3% to $3.55 trillion, supported by moderate buying across large-cap coins. Bitcoin climbed 1.6% to $103,815, while Ethereum advanced 2.9% to $3,440. XRP traded at $2.35 after a 4.4% gain, and BNB added 1.1% to reach $957. <\/p>\n
The Crypto Fear & Greed Index, which is up 4 points to 27, indicates that panic selling has subsided slightly, moving from extreme fear to fear. Stabilization was also seen in derivatives markets. <\/p>\n
Following yesterday\u2019s flush-out, open interest increased 1.2% to $142 billion, but liquidations fell 85% to about $307 million, indicating less leverage pressure. The crypto market average relative strength index now sits near 44, suggesting conditions are neither stretched nor oversold.<\/p>\n
Despite the price recovery, ETF demand has not fully returned. U.S. spot Bitcoin ETFs posted their sixth straight day of net outflows on Nov. 5, totaling roughly $137 million, as per SoSoValue data<\/a>. Ethereum products also saw withdrawals of about $118 million over the same period. In contrast, Solana ETFs extended a week-long streak of inflows, adding about $9.7 million.<\/p>\n <\/p>\n The rebound appears to be driven more by technical factors than by new capital inflows. Yesterday\u2019s sell-off pushed several large assets into short-term oversold territory, making valuations more attractive for traders who had been waiting to re-enter. Softer bond yields overnight also helped risk appetite stabilize.\u00a0<\/p>\n Some support is provided by historical trends. November has often been a good month for Bitcoin, and positioning may be influenced by seasonal bias. On-chain analysis suggests that the market may be on the verge of a transitional phase rather than a breakdown.<\/p>\nMarket entering stabilization phase<\/h2>\n