Bitcoin's sell-side risk ratio has reached a critical level, indicating potential market shifts as November 2025 progresses. This metric, which assesses the balance between profits and losses relative to Bitcoin's market cap, has historically preceded significant price movements. Currently, short-term holders have reduced sales activity, with daily realized profits falling from $3.6 billion in March 2025 to approximately $500 million. Institutional demand remains robust, highlighted by BlackRock’s Bitcoin fund, which has seen $28.1 billion in inflows this year. Traders have accumulated 171,617 BTC around the $77,000 mark, establishing a key support zone. As Bitcoin trades near $110,000, market observers are monitoring the sell-side risk ratio closely, with $95,000 support showing resilience amid recent corrections.