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Bitcoin’s Sunday Surge: Breakout Signal—or Another Bull Trap?

Bitcoin’s Sunday Surge: Breakout Signal—or Another Bull Trap?

Bitcoin ripped to a fresh November high near $111K into the weekly close — but can this latest Sunday pump survive Monday’s liquidity and macro reality? With key support still unreclaimed, whales distributing, and mixed order-book signals on major exchanges, the next 24–72 hours could decide whether this move extends or unwinds.

What just happened

BTC spiked to about $111,129 on stronger weekend bids across Coinbase and Binance. Yet the rally stalled below critical confirmation zones, with intraday flows showing bouts of sell pressure during U.S. sessions. On-chain, a notable whale wallet offloaded roughly $650M since October’s peak — consistent with distribution into strength.

Why this matters now

Weekend impulses often fade when traditional markets reopen and depth normalizes. If BTC can’t reclaim and hold key levels with volume and acceptance, a deeper pullback is likely. Conversely, a clean reclaim turns weekend momentum into structured trend continuation.

Levels that matter

Order flow and on-chain tells

Order books show visible bids on Binance/Coinbase, but CVD and session flows flag caution: U.S. hours leaned sell-side recently. Ongoing whale distribution adds overhead supply and can cap bounces unless absorbed by stronger institutional participation.

Actionable playbook (not financial advice)

Scenarios to watch into the weekly/monthly close

Bottom line

Weekend strength without confirmed support is fragile. Let the market prove it: prioritize reclaims, volume, and acceptance over hope, and protect capital if Monday flows flip risk-off.

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