ScalpingX

Nikkei enters bear-market territory as the AI selloff spreads to Japan

📉 The Nikkei 225 fell as much as 7.1% to 56,745.81 on November 6, dropping more than 20% below its June peak and entering technical bear-market territory during trading.

🌐 The decline followed heavy US tech losses amid concerns that tighter data center oversight after the midterm elections could slow AI investment.

🏭 Rohm and Furukawa Electric each fell more than 10% at one point, showing how AI spending concerns are spreading to Japan’s chip and infrastructure suppliers.

📊 The broader Topix also dropped as much as 6.4%, indicating selling extended across the market, with AI-related stocks at the center.

🔎 The 20% drawdown marks a substantial correction, but does not establish that the AI cycle has ended. The outlook depends on actual US policy changes and suppliers’ ability to sustain orders and earnings.

#Nikkei225 $XRP

$OP – Liquidation Map (7 days) – Index ~0.1048

🧭 The preferred scenario is an upside short-liquidation sweep at 0.1056–0.1059. Short clusters are dense near price; estimated cumulative exposure is around $3.4M short versus $1.3M long within the displayed range.

🔺 Clearing and holding above 0.1059 shifts attention to 0.1063–0.1087. This range contains consecutive large bars, particularly near 0.1069, 0.1079 and 0.1087, where short liquidations could amplify volatility.

🎯 Holding above 0.1087 after the sweep brings 0.1110–0.1119, then 0.1130–0.1145, into focus. Bars around 0.1090–0.1108 are relatively small and sparse; a further large spike sits near 0.1164.

⚖️ Losing 0.1044 without reclaiming it weakens the upside scenario, shifting attention to 0.1020–0.1030, then 0.0985–0.0999. A sweep of 0.1056–0.1059 followed by a quick drop below 0.1055 would increase the risk of a failed upside move.

#LiquidationMap

$SKYAI - Mcap 30.03M$ - 24h Sentiment Neutral

SC02 M5 - pending Long order. Entry lies within LVN + not affected by any weak zone, the current support zone is approximately 2.14% wide. The uptrend has lasted 7 hours and 35 minutes, with the largest recorded price increase of 12.24%. If price breaks below this support zone, the trend is likely to reverse downward.

$JCT - Mcap 34.09M$ - 24h Sentiment -1.61 Bearish

SC02 M5 - pending Short order. Entry lies within HVN + not affected by any weak zone, the current resistance zone is approximately 6.63% wide. The downtrend has lasted 20 hours and 40 minutes, with the largest recorded price decline of 52.72%. If price breaks above this resistance zone, a strong upward reversal is unlikely; the Long chase order can be skipped for now.

Cocoa falls nearly 5% as inventories rise and chocolate demand remains subdued

📉 ICE March 2027 cocoa fell 4.79% to settle at $5,290 per tonne on November 5, the largest decline among agricultural contracts tracked by The Edge.

📦 Stocks at ICE warehouses rose to around 3.74 million bags. Greater availability is easing immediate shortage concerns and weighing on prices.

🍫 Barry Callebaut cited a 4.3% decline in chocolate consumption volumes across surveyed markets in the year through August. Its own quarterly sales volumes recovered, suggesting uneven demand.

🌦️ West African weather and crop risks could still support prices. The session suggests traders placed greater weight on current inventories and subdued demand.

🔎 ICE inventory trends and upcoming cocoa grinding data will help assess whether selling pressure persists or begins to ease.

#Cocoa $CC

$BTW – Liquidation Map (7 days) – Index ~1.175

🧭 The preferred scenario is an upside short-liquidation sweep at 1.177–1.191, where bars cluster densely just above price. Estimated cumulative exposure is relatively balanced within the displayed range.

🔺 Clearing and holding above 1.191 shifts attention to 1.202–1.211. Bars around 1.194–1.200 are smaller, while the next range contains several consecutive large spikes, particularly near 1.210. Short liquidations here could amplify volatility.

🎯 Holding above 1.211 after the sweep brings 1.220–1.233 into focus. Beyond 1.240, bars generally become smaller and more scattered, with cumulative exposure rising more slowly.

⚖️ Losing 1.172 without reclaiming it weakens the upside scenario, shifting attention to long clusters at 1.165–1.170, then 1.158–1.163. A sweep of 1.180–1.191 followed by a quick drop below 1.180 would increase the risk of a failed upside move.

#LiquidationMap

$RED - Mcap 85.82M$ - 24h Sentiment +3.00 Bullish

SC02 M1 - pending Long order. Entry contains POC + not affected by any weak zone, the current support zone is approximately 0.76% wide. The uptrend has lasted 2 hours and 27 minutes, with the largest recorded price increase of 5.31%. If price breaks below this support zone, a strong downward reversal is unlikely; the Short chase order can be skipped for now.

$APLD - Mcap 4.4B$

SC02 H4 - pending Short order. Entry lies within HVN + not affected by any weak zone, the current resistance zone is approximately 10.73% wide. The downtrend has lasted 34 days and 12 hours, with the largest recorded price decline of 50.72%. If price breaks above this resistance zone, the trend is likely to reverse upward.

COMEX copper falls 2.41% as concerns over AI infrastructure investment grow

📉 COMEX copper settled at $6.2490 per pound on November 5, down 2.41%, alongside a selloff in US technology stocks.

🏛️ The US election outcome raised concerns about tighter scrutiny of data center projects, particularly in Texas. Potential delays weighed on expectations for copper demand.

⚡ Copper is used in electrical systems, transformers and related infrastructure. Shifts in AI investment expectations can therefore affect prices before actual consumption changes.

🔎 The decline suggests markets are reassessing a source of future demand. However, one session alone does not establish a reversal in the longer-term outlook.

📊 Further moves will depend on concrete policy developments and corporate investment plans. Pressure could persist if the risk of project delays becomes more tangible.

#Copper $COPPER

$PONS – Liquidation Map (7 days) – Index ~0.182

🧭 The preferred scenario is a nearby long-liquidation sweep at 0.179–0.181. Estimated cumulative short exposure is substantially larger, but most strong clusters sit further away at 0.198–0.216 and 0.233–0.245.

🔻 Losing 0.181 without reclaiming it shifts attention to 0.179, then 0.174–0.178. The bar near 0.176 is the largest long-side spike; consecutive liquidations across this range could amplify volatility.

🎯 A further break below 0.174 brings 0.170–0.173 into focus. Below 0.169, additional liquidation exposure is limited. A sweep of 0.179–0.181 followed by a quick reclaim of 0.182 would weaken the downside scenario.

⚖️ Clearing and holding above the nearest short cluster at 0.184–0.185 shifts attention to 0.198–0.205, then 0.207–0.216. Bars around 0.189–0.196 are smaller, while 0.217–0.227 is sparse. The next major cluster lies at 0.233–0.245, with a prominent spike near 0.233.

#LiquidationMap

$USUAL - Mcap 20.11M$ - 24h Sentiment -2.00 Bearish

SC02 H4 - pending Short order. Entry lies within LVN + not affected by any weak zone, the current resistance zone is approximately 4.88% wide. The downtrend has lasted 24 days and 16 hours, with the largest recorded price decline of 26.75%. If price breaks above this resistance zone, the trend is likely to reverse upward.

$KIMCHI - Mcap 2.17M$ - 24h Sentiment -2.94 Bearish

SC02 M15 - pending Short order. Entry contains POC + not affected by any weak zone, the current resistance zone is approximately 8.54% wide. The downtrend has lasted 3 days, 13 hours and 30 minutes, with the largest recorded price decline of 53.03%. If price breaks above this resistance zone, a strong upward reversal is unlikely; the Long chase order can be skipped for now.

Gold climbs above $4,100 as yields fall and tech stocks sell off

🟡 Spot gold gained around 1% on November 5, recovering above $4,100/oz after touching an intraday low near $4,057.

📉 The US 10-year Treasury yield fell six basis points to 4.829%, reducing the opportunity cost of holding gold and supporting its recovery.

🏦 The probability of a December Fed rate hike dropped from 82% to 66%. Markets scaled back tightening expectations, although a hike remained the more likely outcome.

📊 The Nasdaq 100 plunged nearly 5.9% while gold advanced. The divergence highlighted the metal’s defensive appeal as risk appetite weakened.

🔎 The next US jobs report will test rate expectations. Stronger-than-expected data could push yields higher, putting pressure on gold’s rally.

#GoldInsights $XAUT

$GRASS – Liquidation Map (7 days) – Index ~0.504

🧭 The preferred scenario is a nearby long-liquidation sweep at 0.495–0.498, particularly near 0.496. Estimated cumulative short exposure is substantially larger, but the biggest cluster sits far away at 0.615–0.621.

🔻 Losing 0.501 without reclaiming it shifts attention to 0.495–0.498. Holding below 0.495 after the sweep brings 0.489–0.494, then 0.480–0.485, into focus. Below 0.478, bars generally become smaller and sparser.

🎯 A sweep near 0.496 followed by a quick reclaim of 0.501 would weaken the downside scenario. Attention would then turn to the reaction at 0.513–0.515 before shifting toward denser short clusters.

⚖️ Clearing and holding above 0.515 brings 0.521–0.529 and 0.535–0.544 into view. The bar near 0.523 stands out locally. Above 0.547, clusters are more scattered before the major 0.615–0.621 range. Larger total short exposure does not imply a direct move there.

#LiquidationMap

$CLANKER - Mcap 17.68M$ - 24h Sentiment +3.58 Bullish

SC02 M1 - pending Long order. Entry contains POC + not affected by any weak zone, the current support zone is approximately 1.20% wide. The uptrend has lasted 3 hours and 44 minutes, with the largest recorded price increase of 11.11%. If price breaks below this support zone, a strong downward reversal is unlikely; the chase order can be skipped for now.

$HUT

SC02 M15 - pending Short order. Entry lies within LVN + not affected by any weak zone, the current resistance zone is approximately 5.38% wide. The downtrend has lasted 1 day and 11 hours, with the largest recorded price decline of 29.81%. If price breaks above this resistance zone, the trend is likely to reverse upward.

BoE raises rates to 4% and leaves further hikes open

🏦 On November 5, the BoE raised rates by 25 basis points to 4%, its first increase since August 2023, as energy costs fuel UK inflation.

🗳️ The 8–1 vote showed all nine members favoured tightening. Catherine Mann preferred a larger, 50-basis-point increase.

🔥 September CPI reached 3.5% and is projected to approach 5% by mid-2027. The BoE aims to limit the spread of energy pressures into wages and other prices.

🔎 Bailey left further hikes open if inflation pressures persist. Policy remains data-dependent, with no commitment to a prolonged hiking cycle.

💷 For GBP, expectations of further tightening matter, as the move to 4% was widely anticipated. Energy prices and domestic inflation will shape how much support interest-rate differentials provide.

#BankOfEngland $SOL

$MSFT – Liquidation Map (7 days) – Index ~536.2

🧭 The preferred scenario is a downside long-liquidation sweep at 532–534, followed by 526–532. Large long clusters sit closer to price than the short clusters. Estimated cumulative exposure is around $9.2M long versus $6.6M short within the displayed range.

🔻 Losing 534 without reclaiming it shifts attention to 529–532. The bar near 529.8 is the map’s largest, approaching $400,000; long liquidations here could amplify volatility.

🎯 Holding below 529 after the sweep brings 525–528, then 517–522, into focus. Conversely, a sweep of 532–534 followed by a quick reclaim of 536.2 would weaken the downside scenario.

⚖️ Clearing and holding above 545 shifts attention to short bars around 547–551, particularly near 547. The 552–559 range is sparse; subsequent clusters sit at 561–568 and 582–588. The large spike near 583 is notable but remains far from the snapshot price.

#LiquidationMap

$CIFR.US - Mcap 2.6B$

SC02 M5 - pending Short order. Entry lies within HVN + not affected by any weak zone, the current resistance zone is approximately 5.09% wide. The downtrend has lasted 1 day, 9 hours and 15 minutes, with the largest recorded price decline of 33.40%. If price breaks above this resistance zone, a strong upward reversal is unlikely; the chase order can be skipped for now.

$RIOT.US - Mcap 5.6B$

SC02 M1 - pending Long order. Entry lies within HVN + not affected by any weak zone, the current support zone is approximately 1.39% wide. The uptrend has lasted 3 hours and 4 minutes, with the largest recorded price increase of 9.15%. If price breaks below this support zone, a strong downward reversal is unlikely; the chase order can be skipped for now.