$BTC just lost $70,000 and is trading near $68,900 right now, down about 6.6% in 24h on Binance. The low so far is $68,528, the lowest print since Aug 19. Per CoinGlass data cited by Wu Blockchain, about $622M got liquidated in four hours, and Lookonchain tracked four whales wiped out for $10M+ each. Fear & Greed sits at 20, Extreme Fear. What bugs me: roughly 76% of Binance BTC futures accounts are still long. That doesn't look like a full flush yet. Yesterday I said a close under $72,700 would bring $71,000 and then $70,000. That played out. My view through Sunday Nov 15: a daily close back above $71,100 opens a relief move toward $72,700 again. A daily close under $68,500 likely means $66,000 comes next, with the Aug 19 wick near $64,200 below that. Bearish lean, and I'm wrong if BTC closes a day above $72,700 this week. #BTC #CryptoMarket #Liquidations Not financial advice.
$XRP is sitting around $1.03 and the $1.00 line is getting close. Today's low on Binance was $1.0164 as the whole market slid after the Nvidia CEO news.
Checking yesterday's call: I said $1.00 is the line and stayed bearish while under $1.09 — that still holds. XRP has printed seven straight red daily closes, today is red so far, and price is about 21% under the Nov 4 close of $1.305 on Binance.
My view through Sunday, Nov 15: - Daily close back above $1.06 and I'd watch $1.09 to $1.10 for a relief bounce. - Daily close under $1.00 and I'd expect a quick flush, with $0.95 as the next round number on my radar.
Lean: still bearish. I'm wrong if XRP closes back above $1.10 on the daily chart.
Fear & Greed is at 28, so panic selling near round numbers is normal. Not chasing either way.
Rough evening for the market. Jensen Huang stepping down as Nvidia CEO hit risk assets hard, and crypto got dragged along with it. $BTC slipped under $72,000 on Binance, with a low near $71,255 and about 3% down on the day. Per Watcher Guru, roughly $222M in longs were liquidated in 30 minutes, then another $125M in 20 minutes. $ETH tagged $1,984 before bouncing, and Fear & Greed sits at 28. My read through Sunday: this looks like a leverage flush tied to stocks, not a crypto-specific problem. A daily close back above $74,000 would tell me the panic is fading. A daily close under $71,000 opens the $69,000 to $70,000 area. I lean cautious until one of those happens, and I'm wrong on that lean if $74,000 is reclaimed quickly. Lower leverage on days like this. #Bitcoin #CryptoMarket #Nvidia #MarketUpdate NFA
The Nov 10 low at $81.34 was the line. Today Binance printed $80.58 as the low and price is sitting near $81.3 as I write, down about 3.7% on the day. That is roughly 35% under the 120-day high near $125, and Fear & Greed is stuck at 28.
The daily candle hasn't closed yet, so the break isn't confirmed. My plan through Sunday Nov 15: - Daily close under $81.30 and I'd expect $76–77 (the old August breakout zone) to get tested - Reclaim and close above $83.90 (today's high) and this was a fakeout, with room back toward $86–87 over the weekend - I'm wrong on the bearish lean if SOL closes above $86.80 on a daily basis
Bearish while it stays under $83.90 on the daily chart.
A week of fear, but the crowd is still leaning long.
Fear & Greed has sat in Fear or Extreme Fear for 7 straight days (28 today). $BTC is around $72,950 on Binance, back at the Nov 10 low of $72,727 for a second test, and total crypto market cap is down about 4.2% in 24h per CoinGecko.
What bugs me: BTCUSDT perp funding is still slightly positive and roughly 73% of Binance futures accounts are long. When a floor gets tested with that many longs on, it often takes a flush before a real bottom.
My view through Sun Nov 15: a daily close under $72,700 opens $71,000 and then the $70,000 round number. A daily close back above $74,800 (yesterday's high) puts $76,000 back in play. Slight bearish lean while under $74,800, and I'm wrong if BTC closes above $76,000 on any day before Sunday.
$ETH near $2,022 and $BNB near $665 are tracking it, so alts likely follow whichever way this breaks.
Dec 2013: Billy Markus and Jackson Palmer launch Dogecoin as a parody of crypto hype, built around the Shiba Inu meme.
2014: the community tips each other in DOGE and crowdfunds the Jamaican bobsled team's trip to Sochi.
May 2015: DOGE hits its all-time low near $0.000087 per CoinGecko, and most people write it off.
2021: retail mania plus Elon Musk tweets. DOGE peaks around $0.73 on May 7, 2021, hours before Musk's SNL appearance where he jokingly called it a "hustle". The price slid during the show and kept bleeding through the year.
Today: DOGE trades near $0.067 on Binance, about 91% under that peak, yet still sits around #12 by market cap.
Lesson: memes can create real attention, but attention alone isn't a floor. If your thesis is one person's tweets, your exit plan is their next tweet.
$DOGE $SHIB #CryptoHistory #Dogecoin #MemeCoins #CryptoLessons Not financial advice.
$ETH call check, and a new line in the sand. On Tuesday I said a daily close under $2,060 opens a trip to $2,000 next. ETH closed at $2,053 and wicked to $2,006, so close but not a clean hit. Since then it has sat in a tight $2,036 to $2,104 box for two days, now near $2,052 on Binance. Context: about 27% off the late-September high near $2,807, ETH/BTC down to 0.0278 from 0.0295 last Sunday, and spot ETH ETFs had a 5th straight red day on Wednesday (about -$145M per Farside). My view through Sunday Nov 15, slight bearish lean: - Daily close above $2,104 means room to $2,160 (Monday's high). - Daily close under $2,006 and I'd watch $1,930 to $1,950, the top of the August range before the breakout. I'm wrong if ETH closes above $2,160 on a daily basis. #ETH #Ethereum #CryptoMarket Not financial advice.
Two whales, two very different reads on this market today.
Per Lookonchain, a wallet that sat untouched for 4 years sent 1,000 $BTC (about $73.8M) into Binance. Old coins moving to an exchange usually means someone is at least thinking about selling.
Meanwhile, per EmberCN, Arthur Hayes moved 3M $USDC to the OTC desks Flowdesk and Galaxy Digital this morning. About two weeks ago he sold roughly $49M of altcoins, saying he'd buy back lower, and those coins are down another 15-30% since. Fresh stablecoins to an OTC desk looks like the first step of that buyback, but it isn't confirmed.
My take: one old seller vs one known dip-buyer with a small ticket. 3M is a probe, not a bottom signal. BTC sits near $73,500 inside the $72,700 to $76,000 box I flagged last night. I'd only trust the dip-buy story on a daily close above $76,000 and a close under $72,700 says the old supply wins.
#BTC #WhaleWatch #OnChain #CryptoMarket Not financial advice (NFA)
On Nov 8 I leaned slightly bullish on BNB inside its $680 to $723 box and said a daily close below $680 would make me wrong. Yesterday (Nov 11) it closed at $679.76 on Binance. By a quarter of a dollar, but wrong is wrong.
What's interesting is what didn't happen. No quick slide. Price has just leaked lower: the Nov 10 low was $670.06 and it now sits near $679 with Fear & Greed at 28.
My view through Sunday Nov 15, now with a slight bearish lean: - A daily close back above $692 puts it back in the old box, and $700 to $723 is in play again. - A daily close under $670 opens the next leg lower, and I'd watch the $650 area. - I'm wrong on the bear lean if it closes above $692 and holds.
Stablecoin supply is shrinking, and I think that matters more than any single candle.
Per DefiLlama, total stablecoin supply peaked near $305.7B on Oct 7 and sits around $289.5B today. That is roughly $16B gone in five weeks, about 5%, falling almost every day since mid-October. Watcher Guru flagged it as the biggest drop since the 2022 bear market.
Why I care: stablecoins are the dry powder. When they get redeemed instead of parked on exchanges, there is less cash waiting to buy dips.
My read through Sunday: while supply keeps falling, $BTC rallies (around $74,500 now) are more likely to fade than run, so I expect chop between $72,700 and $76,000 this week. A daily close under $72,700 opens the $70,000 zone.
What would make me wrong: supply turning back up for a week while BTC closes above $76,000.
#Stablecoins #BTC #CryptoMarket #USDT Not financial advice.
$ETH is up about 2% today, trading near $2,076 after tagging a Nov 10 low of $2,006 on Binance. ETH/BTC ticked up too, but 7-day ETH ETF flows are still red, so I'm treating this as a bounce until it proves otherwise.
My map through Sunday, Nov 15: - A daily close above $2,136 (the Nov 10 high) opens a retest of $2,206 where the Nov 5 drop stalled - A daily close under $2,006 likely means $2,000 breaks and another leg lower - In between it's chop, and I lean bearish while ETH sits under $2,136 for now
I'm wrong if ETH closes a day above $2,206 on Binance.
Fear & Greed is 29, so a squeeze is possible, but I'd rather see the reclaim than guess it.
#ETH #Ethereum #CryptoMarket #PricePrediction Not financial advice.
Per Whale Alert, three unknown wallets moved 3,225 $BTC (about $239M) onto exchanges within roughly 40 minutes this afternoon, 2,392 BTC of it to Binance. Coins heading to exchanges usually means someone is getting ready to sell or hedge.
Spot Bitcoin ETFs keep bleeding too. Per Lookonchain, they saw a net 1,649 BTC out on the day and about $1.15B out over 7 days, while ETH ETFs lost roughly $263M in a week.
The other side: 250M $USDC was just minted at the USDC Treasury, and fresh stablecoins often end up as buying power.
My take: sellers still have the edge while BTC sits near 73.9K under the post-CPI cloud. I'd want ETF flows to turn green before trusting a bounce. If the 72.7K low breaks on a daily close, those deposits were the early warning.
#Bitcoin #OnChain #WhaleAlert #ETFflows Not financial advice.
Yesterday's Binance low of $81.34 was its weakest print since Aug 19, the day SOL jumped from about $77 to $85 in one candle. Price is near $83.70 now, about 33% under its 120-day high of $124.95 and down from roughly $95.50 on Nov 1. Fear & Greed sits at 29.
My view through Sunday Nov 15: - Holds $81.30 and gets a daily close above $86.80 → I'd watch the $89 to $90 area next, where SOL closed on Nov 5 to 7. - Daily close under $81.30 → the August gap opens up and $76 to $77 is the next real support.
Lean: bearish while it stays under $86.80 on the daily. I'm wrong if it closes a day above $90 this week.
Shiba Inu launched in August 2020 from an anonymous founder called Ryoshi. The strange part: half of the 1 quadrillion supply was sent to Vitalik Buterin's wallet without him asking.
In May 2021 he gave 50 trillion SHIB (about $1.2B on paper) to India's Covid relief fund, and SHIB fell roughly 36% in a day per Forbes. Days later he burned 410.24 trillion SHIB, about 41% of all supply, saying he didn't want to be "a locus of power."
Then the mania. SHIB topped near $0.0000885 on Binance on Oct 28, 2021.
Today it trades near $0.00000444 on Binance, about 95% below that peak.
The lesson: the biggest burn in its history made headlines but didn't hold the price. Supply cuts only matter if demand stays, and meme coins run on attention that moves on fast.
$SHIB $DOGE #ShibaInu #CryptoHistory #MemeCoins #CryptoLessons Not financial advice.
US CPI rose 0.4% in October vs 0.3% expected, and core came in at 0.3% vs 0.2%. Bitcoin dropped about 1.2% within minutes of the print and alts fell harder. The 10-year yield pushed close to 5%, and a Fed hike at the December 8-9 meeting is now close to fully priced.
My read for this week: the 25 bps hike is mostly in the price already. What would hurt more is real talk of 50 bps, which Fed Governor Waller has floated. $BTC sits near 74.1K with a 24h low around 72.7K on Binance. If that low holds and yields cool off, a slow grind back toward 76K is possible. Lose 72.7K on a daily close and I'd expect the 70K area to get tested.
Fear & Greed is at 29, so nobody is surprised by bad news anymore. That is not a bottom signal on its own, just less fuel for panic.
#HotCPIDecemberHikePriced #Fed #Bitcoin #MacroCrypto Not financial advice.
Call check on $XRP: on Nov 9 I said a daily close below $1.09 would open the way to the $1.00 area. It closed near $1.057 on Nov 10, the sixth red day in a row, and tagged a low of $1.031 on Binance. So that one played out.
Now it's around $1.06, down about 21% from the $1.34 close on Nov 4, with Fear & Greed stuck at 29.
My view through Sun Nov 15: the big round $1.00 is the line. If it holds and XRP gets a daily close back above $1.09, a relief move toward $1.15 is on the table. A daily close under $1.00 likely means another leg lower, since there is no recent support below it.
Still bearish while under $1.09, and I'm wrong if it closes above $1.15 this week.
#XRP #CryptoMarket #PriceAnalysis Not financial advice.
Per Lookonchain, the "7 Siblings" wallet, known for buying crashes, bought 10,792 $ETH for about $22M at an average near $2,038 after the CPI sell-off. Meanwhile, an Ethereum Foundation-linked wallet sold another 1,000 ETH (about $2.03M), its second sale in two days.
ETH is around $2,066 now after a $2,006 low on Binance, and Fear & Greed sits at 29.
My read: $2,000 is the line that matters this week. If it holds and ETH gets back above $2,132 (yesterday's high), the dip buyers look smart. A daily close under $2,000 and I'd expect another leg lower before any real bounce. One big buyer is not a bottom signal on its own.
$BNB is losing the floor I was watching, so here's an honest update on my Nov 8 call.
For 10 days BNB sat in a tight $680 to $723 box. I leaned slightly bullish while $690 held. That lean was wrong: after the hot CPI print, BNB slipped to $670.06 on Binance today, the lowest since Aug 21, and trades near $674 as I write.
What I'm watching through Fri Nov 13: - A daily close (5:30am IST) under $680 confirms the breakdown. The next zone I'd expect is $653 to $655 where the late-August breakout started. - A quick reclaim and daily close above $692 would make this a fake-out and put the $700 to $723 range back in play.
Bearish while under $680. BTC near $73,300 and a weak ETH don't help.
Bitcoin slipped under $73,000 tonight, about two hours after the hotter US CPI print (core 0.3% vs 0.2% expected).
On Binance the 9pm IST candle wicked to $72,866 before bouncing to around $73,250 now. Per Watcher Guru, roughly $200M of longs were liquidated in 15 minutes, and Lookonchain shows spot ETFs lost $228M in $BTC and $138M in $ETH on the latest daily print. ETH tagged $2,006 on the day.
My take: this is the hot-CPI path I flagged earlier today, and the $73,000 area is now doing the work. A daily close back above $74,000 by Thursday would make this look like a flush. A daily close under $72,800 opens room toward $71,000 and lower. Fear & Greed sits at 32, so sentiment is already shaky.
$ETH took the CPI hit harder than most. Core came in at 0.3% vs 0.2% expected, and ETH wicked from $2,109 to $2,028 within the hour before bouncing to about $2,070 now.
That wick went straight through Sunday's $2,060 low, the level I said would matter. Buyers stepped in, but a wick isn't a reclaim.
My call through Friday Nov 13: a daily close under $2,060 opens the $2,000 round number next. A daily close back above $2,160 (yesterday's high) would flip me neutral and put $2,206 back in play. Until then I lean bearish, with Fear & Greed at 32 and every bounce this week getting sold.
What makes me wrong: a daily close above $2,160 by Friday.