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Crypto calendar. November

Inflows into crypto products have once again turned into outflows, totaling -$0.360 billion compared to an inflow of +$0.921 billion the previous week — according to CoinShares.

Bitcoin OG lost $3.28M on $BTC and $ETH long positions due to yesterday's crash.

A former "100% win rate whale" has closed his short $ETH position (25x), realizing a loss of $1.45 million.

Over the past two days, the whale has lost over $46 million and now has a negative portfolio balance of more than $30 million, collectively across both Perp and Spot.

Sentiment: 🗣 Here are the crypto-related topics gaining the most traction and moving the markets, as they attempt to hold support levels:

📈 Alcx Sapien Crypto Price Surge: Sapien ($SAPIEN) and Alchemix ($ALCX) are experiencing rapid price increases, attracting traders seeking quick profits. These pumps are driven by hype and speculative buying, but caution is advised due to frequent sharp pullbacks and potential dump-and-crash scenarios. Meanwhile, privacy coins like Zcash ($ZEC) and Dash ($DASH) continue to rise, bolstered by growing demand for digital privacy. Market participants are divided into two camps: chasing quick gains and fearing sudden sell-offs.

🗓 November Market: Stocks and gold rose while bonds fell, as Bitcoin confidently bounced back from bear market lows, signaling a renewal of investor interest. Market participants are focusing on technical patterns like Elliott Waves to anticipate future movements. There is a growing number of new crypto listings and futures trading, which is stimulating trading activity. The market remains cautious but optimistic as Bitcoin holds key support levels above $100k.

Statistics. The longer you hold Bitcoin, the higher the probability of making a profit. If you hold Bitcoin for one year, your chances exceed 75%. Everyone who holds it for 4 years turns a profit.

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Analyst: The average funding rate across the four major exchanges (Binance, Bybit, OKX, Deribit) is 0.003%.

There is no aggressive long or short positioning. With such a low funding rate, the market is likely to continue consolidating.

Analyst: Key levels the market must hold:

Fair Value: $87,000
Average U.S. Bitcoin ETF Cost Basis: $79,000
Lower Volatility Band Boundary: $74,000

Analyst: Bitcoin $BTC typically rebounds when traders' realized loss margin falls below -12%.

It is currently at -16%.

The taker buy/sell ratio has increased to 13.38, signaling aggressive buying pressure in the market.

Sentiment: 🧑‍💻 Here are the leading BSC and Binance Chain crypto projects by development pace. The direction indicators show whether each project's rating has increased or decreased since last month.