November 22, 2025 Crypto Pulse: BTC Eyes $85K, ETH Under Pressure & SOL’s Divergence Plays

Market Update – November 22, 2025

Bitcoin (BTC) Technical Outlook

As of 22 November 2025, Bitcoin is trading around $84,000. TechStock²+1 After a volatile November, BTC is attempting to stabilize and reclaim key territory. TechStock²+1

Support Levels:

Near $82,000 is a critical zone, with the broader $80K region acting as a strong cushion. TechStock²+1
If that fails, further downside could test $78,000–$80,000, but for now, the $82K area is where sellers may run out of steam. Alpha Node Capital

Resistance Levels:

On the upside, $85,000–$86,000 is the immediate resistance band. TechStock²
A sustained break above $90,000 could open the door to a more bullish leg — but for now, this mid-$80K zone is the key battleground. TechStock²

Volume & Flows:

According to reports, Bitcoin spot ETF inflows have turned positive again after sustained outflows, indicating renewed institutional interest. 99Bitcoins
However, overall volume remains under pressure, and ETF flows are being watched closely as a potential driver for direction. Alpha Node Capital+1

Market Structure:

The technical setup is cautious: a channel-down pattern is forming, with lower highs and lower lows, suggesting weakening confidence. Alpha Node Capital
That said, on-chain data points to accumulation by long-term holders (“whales”), which could limit how deep this correction goes. Alpha Node Capital
If Bitcoin locks in support around $82K–$80K and ETF inflows persist, we could see a countertrend rally back toward the mid-$80Ks. But if support breaks, the risk of a deeper correction rises.

Ethereum (ETH) Technical Outlook

Current Price Pressure:

Ethereum is under strain, with ETH trading near $2,845, reflecting a roughly 10% weekly drop. Brave New Coin+1
A large portion of this decline has been exacerbated by $950M+ in leveraged liquidations, which has added to short-term volatility. Brave New Coin

Support Zones:

A key technical support to watch sits around $2,500, according to some wave-theory correction models. Brave New Coin
On a more moderate basis, analysts point to $3,500–$3,600 as a critical zone: breaking below could trigger further downside toward $3,174 (Fibonacci level) or even $3,000 in a more aggressive drop. WEEX

Resistance Zones:

On the upside, ETH faces resistance around $3,800–$3,900, which has acted as a previous turning point. WEEX
For a meaningful recovery, ETH would need to clear this zone decisively, potentially targeting $4,000+ in the medium term, but that requires strong buying momentum.

Outlook:

The short-term picture is bearish, with strong downside risk if support failing near $2,500.
But if macro sentiment improves or ETF flows into Ethereum reverse, ETH could stabilize and attempt a retest of $3,800+ — though that’s not guaranteed given current pressures.

Solana (SOL) Technical Outlook & Divergence

Price Context:

Solana is trading around $128–$130 on 22 November 2025, based on recent historical data. Yahoo Finance+1
Despite a 49% drop from its September high, there is a bullish divergence emerging. TradingView+1

Support Levels:

According to technical models, $120–$125 is a strong base zone, which could absorb further selling. AInvest
According to volume-based support levels, SOL may also find some relevance near $127–$126. StockInvest

Resistance Levels:

Key resistance clusters lie in the $175–$185 region, if SOL were to mount a strong rebound. AInvest
On the nearer term, resistance is likely around $133 (standard-deviation resistance from recent price data). Barchart.com

On-chain & Ecosystem Signals:

Santiment reports that active on-chain addresses and new SOL wallet creation are rising, signaling bullish divergence even as price drops. TradingView
Developer activity remains strong: despite price declines, Solana’s ecosystem continues to attract projects, and DEX volume is growing. AInvest
However, there are concerns about a possible massive SOL dump: a large institutional or whale transfer has raised red flags on potential selling risk. Cryptonews

Outlook:

Solana could carve out a bottom around $120–$125 if on-chain divergence plays out and developers keep building.
A successful bounce could aim for the $133–$135 zone first; but for a stronger bull run, it needs to break beyond $175+, which is a major challenge given current macro volatility.

Market Sentiment & What Could Happen Today

Macro Tailwinds: According to recent commentary, rate-cut odds have surged, which may be fuelling a rotation back into risk assets like BTC. 99Bitcoins
ETF Flow Revival: Fresh ETF inflows into Bitcoin and Solana suggest institutional players might be stepping back in, potentially providing a bid at these support levels. Markets
Divergence Opportunity: For Solana especially, rising on-chain activity (addresses, wallets) despite a low price could lead to a bullish divergence play if sentiment shifts.
Risk Scenarios: If Bitcoin breaks below $80K, it could trigger a deeper correction. For ETH, a breakdown under $2,500 would be very bearish. For SOL, failure to defend $120–$125 could lead to more downside.

Bitcoin support resistance

BTC price Nov 22 2025

Ethereum correction risk

ETH support levels

Solana bullish divergence

SOL on-chain activity

Crypto ETF inflows

Altcoin analysis November 2025

Macro risk crypto market