Disclaimer: This material is not financial advice or a call to action. The analytics presented are the private opinions of the authors. Incrypted is not responsible for the investment decisions of readers.
This is reported by Finway
In November 2025, Bitcoin ended the month with a significant decline of 17.67%, marking the worst November performance since 2018. This downturn also affected other leading cryptocurrencies, including Ethereum, indicating an unfavorable situation in the digital asset market.
Bitcoin Analysis: Technical Picture and Key Levels
Cryptology Key expert Nickkk analyzed the market changes and shared his insights on Bitcoin’s future prospects. On the monthly chart, there is an impulsive breakout from the long zone of the Fair Value Gap (FVG), which now acts as resistance. If the price tests this area and a corresponding pattern forms, there is potential for movement towards $74,457.
On the weekly timeframe, the price reached an area of interest in the form of an order block (OB), which triggered a market reaction. A possible pullback into the short FVG zone is expected, after which it is important to observe the price behavior. Depending on further signals, either a downward trend or a new upward impulse may develop.
The daily chart currently does not show significant signals, except for the marked liquidity area at $93,150, which investors do not yet consider as a near target.
On the four-hour chart, after capturing internal liquidity and an inversion, a pullback into the short area of interest near $90,000 is anticipated. The further development of events will depend on the price reaction at this level.
Ethereum, ICP, and TAO Dynamics: Technical Overview
Ethereum on the monthly chart failed to hold in the long FVG zone, which may lead to the updating of local lows. On the weekly segment, clearly defined support zones indicate where a reaction may occur. The absence of resistance above the current price suggests potential freedom for further movement.
The daily timeframe for Ethereum shows the removal of internal liquidity, after which market participants expect a pullback. On the four-hour chart, the short FVG zone has been breached, so further attention is focused on price behavior around new areas of interest. The hourly chart hints at the possibility of a deeper price test and subsequent growth after additional liquidity is removed.
Regarding ICP, an “alert” has been set on the daily chart for the FVG zone. After testing this zone, a search for long patterns is expected to realize liquidity potential. On the four-hour segment, two possible scenarios are considered: testing the daily FVG with further position searches or an FVG inversion opening new opportunities for traders.
As for TAO, the daily chart marks the removal of liquidity from the daily fractal, after which investors expect a market reaction. On the four-hour timeframe, in the event of an inversion, the price may rise to short areas of interest that coincide with the opening area of the week and month. On the hourly chart, it is important to monitor the market reaction both from the current level and in the event of a trend change.
Overall, analysts advise closely monitoring key support and resistance levels across different timeframes, as the cryptocurrency market remains volatile and prone to sharp changes.