# the eye of the hurricane?

Morning Brief · Morning Brief · Published November 8, 2026 · By [Anthony Asuaje](https://walkeranthony.com/about/), Walker Strategies
Canonical URL: https://walkeranthony.com/brief/2026-11-09/

After the major drop, we are in a somewhat uneasy calm—it feels like the eye of the hurricane. I expect a stabilization through the end of the year, followed by a somewhat deeper decline. I highly doubt it will fall back to cyclical lows, but a drop to test the 60,000 level in the short term is quite possible.

## Crypto, last 24 hours

- Bitcoin: $75,838 (−0.3%)
- Ethereum: $2,238 (−0.4%)
- Solana: $89.24 (−1.1%)
- XRP: $1.16 (−1.1%)
- BNB: $699.33 (+0.5%)
- ETH/BTC: 0.0295 (−0.1%)
- Crypto market cap: $2.66T (−0.3%)
- Bitcoin dominance: 57.3%

## Flows & liquidity

- Bitcoin ETFs, net flow: −$411.9M · Fri, Nov 6
- Ether ETFs, net flow: −$93.3M · Fri, Nov 6
- Stablecoin supply: $292.3B (−$6.7B) · 7-day change

## Derivatives & sentiment

- BTC funding, annualized: 2.8% (+1.0 pp) · 24h average
- BTC implied vol (DVOL): 40.2 (±0.0)
- Fear & Greed: 28 (+3) · Fear

## US macro, last close

- S&P 500: 7,377 (+0.3%) · Fri, Nov 6
- Nasdaq 100: 26,990 (+1.3%) · Fri, Nov 6
- US 10Y yield: 4.86% (+2 bps) · Fri, Nov 6
- Dollar index (DXY): 102.06 (+0.47%) · ECB rates · Fri, Nov 6

November 10: Reports of leveraged position liquidations on exchanges following weekend volatility.

November 11 (High Alert): Announcement of global strategy indices and index rebalancing decisions (such as those from MSCI), which could introduce additional volatility to corporate treasury assets.

Key levels to watch for ZEC: Firm resistance at $62.50; technical support level at $54.00.

**Disclosure:** i hold 80% of my portfolio in btc

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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.