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1. Musk comments on selloff in memory chip stocks: Once China masters the manufacturing technology, its capacity expansion often exceeds that of the rest of the world combined
2. A whale/institution has sold a cumulative 837.8 BTC and rotated into 27,500 ETH
3. Memory chip stocks face continued selling; technological breakthroughs by Chinese competitors and the end of buybacks have heightened concerns that the cycle is peaking
4. X’s all-in-one subscription officially launches: Grok and Cursor subscriptions are bundled together for $30, down from the original price of $90
5. DeepSeek’s second funding round is reportedly targeting 100 billion yuan; CATL is investing another 10 billion yuan, but the valuation has not increased
6. South Korea’s KOSPI Index extends losses to 6%; SK Hynix plunges 9%
7. BlackRock shifts to overweight short-term U.S. Treasuries for the first time in six years and downgrades U.S. equities
8. Trader AguilaTrades shorts $10.14 million worth of BTC, currently up about $165,000
9. A trader’s $2.64 million long position in NEAR has been fully liquidated
10. Tom Lee: A sharp drop in South Korean stocks could spill over into crypto markets, causing short-term pain
1. SoftBank-backed OPay plans to list in New York, seeking to raise up to $500 million
2. BLUR fell more than 27% in 24 hours amid news that Blur will shut down its website frontend
3. Blur will shut down its website frontend on November 12, while its on-chain protocol will continue to operate
4. $498 million in crypto positions were liquidated across the market in the past 24 hours, mostly long positions
5. U.S. stocks closed lower across optical communications, storage, semiconductors and Neocloud, with CIEN and LITE down nearly 10%
6. Bitcoin briefly fell below $82,000
7. Robinhood CEO: We will increase investment in builders on the Robinhood Chain and announce details soon
8. UK High Court rules that Chinese law applies to ownership claims involving more than 61,000 bitcoins in the “Qian Zhimin case”; the funds involved are worth about £4.1 billion
9. Meta CEO announces Muse Wonder, a larger and more advanced model
10. Fed’s Hammack: Further policy tightening is needed to bring inflation down
15m trigger not activated, but strong bullish activity on 1h Structure: GMMA bullish Reason: 1h trading volume 16.5x / 4h trading volume 1.7x / strong 1h candle body and close near the high / broke above the 1h 20-period high / broke above the 1h 55-period high / 1h price above VWAP