According to @52kskew, BTC shows an underlying bid today but it is weaker than the prior US morning session, indicating softer demand depth intraday (source: @52kskew). A visible $98K supply overhang combined with choppy conditions is expected to weigh on price, creating near-term resistance around $98K (source: @52kskew). Prior lower time frame consolidation lows and resting bids at $94K-$95K are identified as critical supports on pullbacks, with market structure favored to hold that zone to maintain bullish control (source: @52kskew).

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.