the eye of the hurricane?
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.
Markets
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
Captured at 05:05 AR on Sunday, November 8, 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 call
Bitcoin below $75,000 at the end of Nov 12, 2026 (UTC): 60%.
Pending: it is scored with the last price saved that UTC day, once the day is over.
Today's agenda
No major releases scheduled today.
Topic of the day
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.
Yesterday's quick takes
- Thailand blocks BitgetThailand's Securities and Exchange Commission has set a December 5 deadline to block access to Bitget, citing alleged unlicensed exchange operations. Users have until then to consider action on their holdings. The regulator has asked customers to review their assets before the restriction takes effect, but has not specified any asset freeze or compulsory sale.
- US Cuts MEXC OffThe US Treasury's Financial Crimes Enforcement Network has issued a final order to cut off MEXC Global from the US financial system, citing alleged links to sanctions evasion by Iran, North Korea, and Russia, with at least $16 billion in illicit flows. This move is part of Operation Economic Outcast and will bar US financial institutions from transferring funds to or from MEXC.
- Texas Pauses Data CentersTexas's governor-elect has promised to keep data center approvals on hold until the legislature writes new rules, affecting Bitcoin miners. Bernstein has cut its price targets on seven miners by 35% to 54%. The pause is expected to extend beyond December 10, with lawmakers convening on January 12 and a legislative session running to May 31.
- Moscow Exchange to launch Bitcoin, EthereumThe Moscow Exchange will launch Bitcoin and Ethereum trading on December 1, following Russia's finalized rules for crypto trading. Non-qualified investors will be limited to annual purchases of 300,000 rubles. This development is significant for crypto investors as it marks a new milestone in the adoption of cryptocurrencies in Russia.
- TRON wallets lose $4M USDTA network of 365 TRON addresses has been linked to at least $4 million in USDT thefts. The investigation by Bitquery found that 89 addresses lost only TRX, while 43 collector wallets were linked to a common wallet used to pay transaction fees. This highlights the risk of zero-click iOS exploits for crypto investors, particularly those using TRON wallets.
Disclosure: i hold 80% of my portfolio in btc
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.