Digital Assets Rally on U.S. Fiscal Resolution
  • Market Insights   >   Daily Market Analysis New

Digital Assets Rally on U.S. Fiscal Resolution

Published: 10 November 2025,03:59

Published: 10 November 2025,03:59

Daily Market Analysis New

Share on:
FacebookLinkedInTwitterShare
Share on:
FacebookLinkedInTwitterShare

Key Takeaways:

* Crypto market steadies after sharp sell-off, with Bitcoin reclaiming the $100,000 mark and Ethereum rebounding 2.5%, lifting total market capitalization back above $3.4 trillion.

*Sentiment remains fragile, as cascading liquidations in October and tightening liquidity deter fresh capital inflows amid a broader correction in risk assets.

*Powell’s hawkish tone and U.S. policy uncertainty weigh, keeping cryptocurrencies in a choppy consolidation phase.

Market Summary:

The cryptocurrency market staged a robust technical rebound from oversold conditions, with total market capitalization recovering toward the $3.4 trillion level after declining from above $4 trillion last week. Bitcoin led the recovery, rallying sharply back above $106,000, while Ethereum gained over 5% to reclaim the $3,600 level.

The market’s 24/7 trading mechanism enabled immediate reaction to the breakthrough in Washington, where Senate lawmakers reached a bipartisan agreement on November 9th to end the record 41-day government shutdown. The legislation funds government operations through January 30, 2026, and includes provisions for SNAP relief and federal worker backpay, removing a significant systemic overhang that had weighed on risk assets.

Adding fundamental support to the move, on-chain analytics revealed substantial accumulation by whale entities during the recent downturn, with both BTC and ETH seeing notable buying interest at recent lows. This strategic positioning by large holders provided underlying stability during the sell-off.

Despite the strong rebound, market conditions remain fragile. The Crypto Fear & Greed Index continues to register deeply in “Fear” territory below 30, reflecting persistent investor caution. Furthermore, Ethereum fund flows remain subdued, failing to provide substantial institutional validation for the current recovery. Traders should maintain heightened caution in upcoming sessions as the market tests whether this represents a durable reversal or merely a technical bounce within a broader corrective phase.

Technical Analysis 

image

BTC, H4

Bitcoin has executed a significant technical breakout, suggesting a potential reversal of its recent bearish trajectory. The cryptocurrency, which had been trading in a lower-high pattern, decisively breached the critical psychological support at $100,000, initially reinforcing the negative near-term bias.

However, the latest session marked a pivotal shift, with BTC rallying over 3% from recent lows. This surge propelled the price to break conclusively above its previous consolidation range, constituting a bullish structural break that invalidates the immediate bearish structure.

Momentum indicators substantiate this positive shift. The Relative Strength Index (RSI) has climbed above the 50 mid-line, indicating building bullish momentum, while the Moving Average Convergence Divergence (MACD) is poised for a bullish crossover above its zero line. This configuration suggests a fresh wave of buying pressure is emerging. The break above the range resistance, now turned support, establishes a new technical foundation for a potential test of higher resistance levels, contingent on sustained follow-through buying.

Resistance Levels:108,200.00, 112,445.00

Support Levels: 103,550.00, 98,650.00

Start trading with an edge today

Trade forex, indices, metal, and more at industry-low spreads and lightning-fast execution.

  • Start trading with deposits as low as $50 on our standard accounts.
  • Get access to 24/7 support.
  • Access hundreds of instruments, free educational tools, and some of the best promotions around.
Join Now

Latest Posts

Fast And Easy Account Opening

Create account
  • 1

    Register

    Sign up for a PU Prime Live Account with our hassle-free process.

  • 2

    Fund

    Effortlessly fund your account with a wide range of channels and accepted currencies.

  • 3

    Start Trading

    Access hundreds of instruments under market-leading trading conditions.

Important Notice to Visitors

Our products and services are not offered or made available to residents of your jurisdiction. The information on this Website is not directed at persons in your jurisdiction and is not intended as an offer, solicitation, or promotion of our products or services to them.

By clicking “I Understand”, you acknowledge this notice and confirm that you are accessing this Website at your own initiative. Access to this Website does not mean that our products or services are available to you.

Important Notice

Please be advised that our products and services are currently unavailable to residents and entities located in the Philippines.

This restriction is a result of our firm commitment to adhering to applicable legal and regulatory requirements in all jurisdictions where we operate. In line with our internal compliance protocols and evolving global standards, we continuously assess and update access to our platform to ensure full regulatory alignment.

We appreciate your understanding and cooperation.

If you believe this restriction has been applied in error, please contact our support team for further assistance.

Important Notice:

Important Notice: Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.

Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.

By clicking the "Acknowledge" button, you confirm that you are entering this website solely on your own initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on a reverse solicitation basis in accordance with the laws of your home jurisdiction.

Important Notice:

Please note the Website is intended for individuals residing in jurisdictions where accessing the Website is permitted by law.

Please note that PU Prime and its affiliated entities are neither established nor operating in your home jurisdiction.

By clicking the "Acknowledge" button, you confirm that you are entering this website solely based on your initiative and not as a result of any specific marketing outreach. You wish to obtain information from this website which is provided on reverse solicitation in accordance with the laws of your home jurisdiction.

Aviso importante:

Ten en cuenta que el sitio web está destinado a personas que residen en jurisdicciones donde el acceso al sitio web está permitido por la ley.

Ten en cuenta que PU Prime y sus entidades afiliadas no están establecidas ni operan en tu jurisdicción de origen.

Al hacer clic en el botón "Aceptar", confirmas que estás ingresando a este sitio web por tu propia iniciativa y no como resultado de ningún esfuerzo de marketing específico. Deseas obtener información de este sitio web que se proporciona mediante solicitud inversa de acuerdo con las leyes de tu jurisdicción de origen.