According to @52kskew, BTC fell to 84.5K on clear heavy passive selling into the best bid, with stacked asks pressuring price lower, source: @52kskew on X. Supply remains concentrated near 86K, indicating order book resistance, source: @52kskew on X. Perpetuals show front-loaded short positioning into the heavy sell flow, possibly from a one-directional or algorithmic seller, source: @52kskew on X. If dominant sell flow fails to continue, the seller may cut, causing quick price spikes and near-term upside risk, source: @52kskew on X.

According to @52kskew, BTC saw renewed algorithmic selling immediately after the daily open, signaling systematic sell programs pressuring intraday price action; source: @52kskew on X, Nov 5, 2025. The author also reports another failed auction above $101.7K, underscoring persistent supply capping attempts to sustain price above that level; source: @52kskew on X, Nov 5, 2025. The author links the failed push above $101.7K to the daily open sell programs, implying near-term resistance and liquidity rejection around $101.7K for intraday trades; source: @52kskew on X, Nov 5, 2025. Traders can frame $101.7K as a local resistance or invalidation level for fade setups until open-driven sell pressure eases, per the author's microstructure read; source: @52kskew on X, Nov 5, 2025.