Bitcoin rose above the psychologically significant $80,000 mark on November 5, gaining more than 3% over 24 hours after falling to about $75,600, while Ether increased by roughly 5% to $2,421. The Bitcoin advance was driven partly by the liquidation of about $378 million in short positions within one hour and a return to net inflows for spot ETFs, which reached $74.6 million on November 4. Shiba Inu did not follow the rally and remained near $0.00000475, well below its September peak of about $0.00000620. The token lost its ascending support trendline and stayed below its major moving averages, now acting as resistance around $0.00000510 to $0.00000550, with insufficient evidence of accumulation despite an RSI approaching oversold territory.
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