Bitcoin (BTC) Warning: 98K Support at Risk as Total3 Hits $779B Amid Liquidations and Manipulation Claims | Flash News Detail | Blockchain.News
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11/8/2025 11:22:00 AM

Bitcoin (BTC) Warning: 98K Support at Risk as Total3 Hits $779B Amid Liquidations and Manipulation Claims

Bitcoin (BTC) Warning: 98K Support at Risk as Total3 Hits $779B Amid Liquidations and Manipulation Claims

According to @CryptoKing4Ever, BTC remains weak despite a brief risk-on move, with Total3 touching $779B, a push he characterizes as fake; caution is advised after heavy liquidations. source: @CryptoKing4Ever on X He adds that manipulation persists and institutions are targeting retail positions, elevating downside risk. source: @CryptoKing4Ever on X Key trading level: watch BTC 98K support; a break could trigger a sharp sell-off. source: @CryptoKing4Ever on X

Source

Analysis

In the volatile world of cryptocurrency trading, recent insights from Crypto King highlight significant manipulation concerns surrounding Bitcoin (BTC). According to Crypto King, the market exhibited signs of an impending explosion yesterday, with Total 3 reaching $779 billion, yet this surge appeared artificial and lacked genuine momentum. This observation underscores a broader trend of BTC weakness, particularly following substantial liquidations that have left traders on edge. Institutions seem poised to capitalize on retail investors' positions, emphasizing the need for caution in current market conditions. As BTC hovers near critical levels, watching the $98,000 support becomes paramount; a breach could trigger a sharp decline, potentially leading to cascading liquidations and heightened volatility.

Analyzing BTC's Current Market Weakness and Manipulation Signals

Diving deeper into the trading dynamics, the perceived manipulation in BTC raises red flags for both short-term and long-term strategies. Yesterday's push towards higher valuations, marked by Total 3 hitting $779 billion, felt orchestrated, possibly through coordinated whale activities or institutional plays designed to lure in retail capital. This aligns with ongoing patterns where BTC shows underlying weakness despite brief rallies. Traders should monitor on-chain metrics closely, such as liquidation volumes, which have been heavy recently, indicating over-leveraged positions being wiped out. From a technical standpoint, the $98,000 support level is a key battleground. Historical data suggests that if this holds, BTC could stabilize around $100,000, offering buying opportunities for dip buyers. However, a breakdown below this threshold might see prices testing lower supports near $90,000, exacerbating bearish sentiment. Incorporating broader market indicators, trading volumes across major pairs like BTC/USDT on exchanges have shown inconsistencies, with spikes that don't correlate with organic demand, further supporting the manipulation narrative.

Trading Strategies Amid Institutional Hunting and Liquidation Risks

For traders navigating this environment, adopting a cautious approach is essential. Institutions hunting retail money implies a market ripe for traps, where fakeouts could lead to significant losses. Consider scaling into positions only after confirmation of support holds, using tools like RSI and MACD to gauge overbought or oversold conditions. If BTC approaches the $98,000 mark, look for increased trading volumes as a signal of genuine interest versus manipulated pumps. Pair this with cross-market analysis; for instance, correlations with stock indices like the S&P 500 could provide clues, as positive equity movements often bolster crypto sentiment. Risk management is crucial—set stop-losses just below key supports to mitigate downside. On the upside, resistance levels around $105,000 might cap any rebounds, presenting scalping opportunities for agile traders. Overall, this scenario highlights the importance of patience, as rushing into trades amid weakness could align with institutional strategies to offload at peaks.

Looking at the bigger picture, BTC's trend weakness post-liquidations suggests a potential consolidation phase before any major breakout. Market participants should track institutional flows, such as those from ETF inflows, which have influenced price action in recent months. If the $98,000 support breaks, it could lead to a swift correction, possibly dipping to $85,000 based on Fibonacci retracement levels from previous highs. Conversely, holding this level might encourage bullish momentum, targeting $110,000 in the medium term. Traders are advised to diversify across pairs like BTC/ETH or BTC stablecoin options to hedge risks. Sentiment analysis from social platforms reinforces caution, with fear and greed indices leaning towards fear, indicating possible capitulation points. In summary, while manipulation adds uncertainty, focusing on verifiable data points like support levels and volume trends can guide informed decisions, potentially turning risks into profitable trading setups.

Broader Implications for Crypto Market Sentiment and Opportunities

Beyond immediate BTC trading, this manipulation narrative impacts overall crypto market sentiment, influencing altcoins and related assets. With BTC showing weakness, altcoin pairs may experience amplified volatility, offering contrarian plays for those betting on a BTC dominance shift. Institutional involvement, often seen in large block trades, continues to shape the landscape, hunting retail liquidity pools. For long-term investors, this could signal accumulation phases at lower prices if supports fail. Keep an eye on macroeconomic factors, such as interest rate decisions, which correlate with BTC movements—lower rates typically support risk assets like cryptocurrencies. In terms of trading opportunities, options strategies like protective puts could safeguard portfolios against sharp falls. Ultimately, staying informed through reliable analyses, such as those from individual experts like Crypto King dated November 8, 2025, equips traders to navigate these choppy waters, balancing caution with opportunistic entries for maximum gains.

Crypto King

@CryptoKing4Ever

Specializes in cryptocurrency investment and market analysis, with a focus on Bitcoin, Ethereum, and Solana ecosystems. Provides trading strategies and altcoin research for crypto enthusiasts.