Bitcoin is on a tear, nearly hitting the $100,000 mark on Nov. 22, with experts warning short sellers to brace for potential losses. The surge is fueled by robust inflows into U.S. spot Bitcoin ETFs, which recently surpassed $100 billion in assets. However, the market's extreme greed, as indicated by CoinMarketCap's Crypto Fear & Greed Index, suggests a possible short-term pullback.
Meanwhile, other cryptocurrencies like Ether, Solana, and BNB are also experiencing significant gains, with analysts eyeing key resistance levels. Despite the bullish momentum, traders are advised to remain cautious and conduct thorough research before making investment decisions.