Morning Brief

It finally arrived

New bot, 60.000 - 90.000

Markets

Crypto, last 24 hours

Bitcoin
$76,091
−5.2%
Ethereum
$2,239
−7.4%
Solana
$90.09
−6.6%
XRP
$1.20
−9.1%
BNB
$694.47
−3.0%
ETH/BTC
0.0294
−2.3%
Crypto market cap
$2.68T
−4.9%
Bitcoin dominance
57.2%

Flows & liquidity

Bitcoin ETFs, net flow
−$430.2M
Thu, Nov 5
Ether ETFs, net flow
−$99.9M
Thu, Nov 5
Stablecoin supply
$294.5B
−$5.5B
7-day change

Derivatives & sentiment

BTC funding, annualized
8.3%
+3.7 pp
24h average
BTC implied vol (DVOL)
40.5
−1.8
Fear & Greed
28
−22
Fear

US macro, last close

S&P 500
7,354
−4.6%
Thu, Nov 5
Nasdaq 100
26,630
−6.8%
Thu, Nov 5
US 10Y yield
4.84%
−6 bps
Thu, Nov 5
Dollar index (DXY)
101.59
+0.33%
ECB rates · Thu, Nov 5

Captured at 07:50 AR on Friday, November 6, 2026: crypto over the previous 24 hours, US markets at their last close. Sources: CoinPaprika, Farside Investors, DefiLlama, Deribit, alternative.me, Cboe, ECB via Frankfurter.

Today's agenda

  • 05:00 AR (03:00 ET)Bitcoin weekly options expiry on Deribit ($2.6B open interest, max pain $79,000, put/call 0.36)
  • 05:00 AR (03:00 ET)Ether weekly options expiry on Deribit ($226.2M open interest, max pain $2,350, put/call 1.24)
  • 06:30 AR (04:30 ET)Fed's Williams speaks
  • 10:30 AR (08:30 ET)Non-farm payrolls (Oct)Consensus 89K
  • 10:30 AR (08:30 ET)Unemployment rate (Oct)Consensus 4,1%
  • 10:30 AR (08:30 ET)Average Hourly Earnings (Monthly) (Oct)Consensus 0,3%
  • 11:10 AR (09:10 ET)Fed's Musalem speaks
  • 12:00 AR (10:00 ET)US consumer sentiment, University of Michigan (preliminary)Consensus 48.1
  • 12:00 AR (10:00 ET)US inflation expectations, University of Michigan (preliminary)
  • 14:00 AR (12:00 ET)October employment report
  • 14:15 AR (12:15 ET)Fed's Bowman speaks
  • 15:00 AR (13:00 ET)Fed's Daly speaks

Full weekly calendar

Topic of the day

. After the volatility that brought a 4% gain the day following the midterms, the price is now being hit with a 6% drop. I decided to close yesterday’s short position with a 16% profit.

Over the next three months, I still anticipate a capitulation toward the 60–70 range; for now, I don’t see the cycle low being broken.

I have decided to set up a leveraged futures grid bot (10x leverage). My liquidation price is well below the current cycle low—at 54,800—and as trades are opened and closed, that liquidation price continues to move even lower.

This bot is intended for a period of approximately 12 months, running until November of next year. It is highly probable that, a year from now, we will still be trading within a range below 90,000.

In this cycle and the previous one, July was the month with the sharpest decline, and in the previous cycle, the low was reached in December; for the current cycle, it is highly probable that we have already hit the low.

Yesterday's quick takes

  • Trump Media moves 4,259 BTC (~$342M) to Crypto.com ahead of $1B note deadlineWallets linked to Trump Media sent about 4,259 BTC, worth roughly $342M, to Crypto.com, per Arkham data. The coins came from wallets tagged as collateral for its 2028 convertible notes, weeks before holders can demand up to $1B in cash on Nov. 30. No sale has been confirmed.
  • HK: Crypto exchangesHong Kong has passed a law requiring crypto exchanges to report customer transactions to tax authorities. The law will take effect in 2027, with information sharing starting in 2028. This move may impact crypto investors' privacy and tax obligations.
  • US services growth slowsThe US services growth slowed in October, with the Institute for Supply Management's (ISM) headline PMI at 54.5, down from September's 54.9. The 12-month average prices index reached its highest level since April 2023, complicating the case for rate relief that could support Bitcoin. This development may impact Bitcoin's prospects for gains as persistent cost pressure clouds Fed rate cuts.
  • Chainalysis: Password Hashes ExposedChainalysis disclosed that a cyberattack exposed password hashes and live tokens, in addition to non-sensitive customer data. The company initially reported that only user IDs, names, and email addresses were accessed. The breach may impact all Chainalysis users, but the company claims no investigation data was accessed or manipulated.
  • Crédit Mutuel Arkéa resumes opsCrédit Mutuel Arkéa has resumed nearly all operations after a cyberattack, with customer funds unaffected. Attackers accessed the bank's systems through a service provider's platform and transferred the bank's money to other financial institutions, potentially to convert it into crypto.

Educational and informational content only. I am not a licensed financial advisor and nothing here is investment advice. Do your own research before making any decision.