📊 Market Snapshot
$BTC around 75,700, moving sideways on low weekend volume; 24h range 75,541–76,106. The weekly close was around 75,776, marking five consecutive red weeks, down about 3.2% for the week, but holding above 75,451 (Strategy's cost basis) and 75,560 (the 50-week moving average). $ETH around 2,230, with a 24h range of 2,220–2,243, basically unchanged. Fear & Greed at 28, still in fear territory. With no weekend volume, prices are just grinding sideways.
💰 Capital Flows
ETFs posted an uglier report card last week: from 11-02 to 11-06, $BTC ETFs saw net outflows of $1.282 billion, their largest weekly outflow since June; more than $411 million flowed out on Friday alone. $ETH ETFs saw $365 million in outflows, marking a sixth consecutive week of outflows. In 2026, cumulative flows into $BTC ETFs have turned negative, at around $914 million. Stablecoin supply is also shrinking: total supply across the market fell by $6.66 billion in one week, its biggest weekly decline of 2026, with the two largest stablecoins down a combined $4.4 billion. Money is leaving—that's not sentiment.
📰 Key News
① Key tests this week: China's October CPI today, U.S. October CPI on Tuesday (11-10), and Deribit options expiry on 11-13, with max pain at 78,000. A weekly close below 75,451 points to 73,163; a close back above 78,232 would end the five-week losing streak.
② Mining news: Core Scientific announced it will exit Bitcoin mining by year-end; network hashrate recovered to around 1,001 EH/s on 11-07.
③ On-chain: $ETH whales bought 18,550 coins, defending the 2,230 level; but the $BTC short-term holder realized price is right overhead at 75,796, making support fragile.
📈 Top Movers
Biggest losers: Altcoins broadly fell by double digits on the weekly chart, with major altcoins generally down 11–15%. Solana also fell about 6.6% to around 89.5, leaving the $90 level in serious jeopardy.
Biggest gainers: No leaders over the weekend. After activation, $ZEC NU7 surged to 1,388 before pulling back. It is now around 1,274, up about 2% for the week—the only top-ten coin to close the week in the green. But it was turned away at 1,330; below 1,264, stick to the plan and don't buy the dip.
💡 In a Nutshell
Five consecutive red weeks, but 75,451 hasn't broken: the bears haven't won, and neither have the bulls. Chasing either direction here is just giving money away. Until it gets back above 79,400, treat rebounds as relief rallies. If 75,000 fails to hold on a closing basis, watch the 200-day moving average at 73,163. Don't take a heavy position betting on direction ahead of Tuesday's CPI.
$BTC around 75,700, moving sideways on low weekend volume; 24h range 75,541–76,106. The weekly close was around 75,776, marking five consecutive red weeks, down about 3.2% for the week, but holding above 75,451 (Strategy's cost basis) and 75,560 (the 50-week moving average). $ETH around 2,230, with a 24h range of 2,220–2,243, basically unchanged. Fear & Greed at 28, still in fear territory. With no weekend volume, prices are just grinding sideways.
💰 Capital Flows
ETFs posted an uglier report card last week: from 11-02 to 11-06, $BTC ETFs saw net outflows of $1.282 billion, their largest weekly outflow since June; more than $411 million flowed out on Friday alone. $ETH ETFs saw $365 million in outflows, marking a sixth consecutive week of outflows. In 2026, cumulative flows into $BTC ETFs have turned negative, at around $914 million. Stablecoin supply is also shrinking: total supply across the market fell by $6.66 billion in one week, its biggest weekly decline of 2026, with the two largest stablecoins down a combined $4.4 billion. Money is leaving—that's not sentiment.
📰 Key News
① Key tests this week: China's October CPI today, U.S. October CPI on Tuesday (11-10), and Deribit options expiry on 11-13, with max pain at 78,000. A weekly close below 75,451 points to 73,163; a close back above 78,232 would end the five-week losing streak.
② Mining news: Core Scientific announced it will exit Bitcoin mining by year-end; network hashrate recovered to around 1,001 EH/s on 11-07.
③ On-chain: $ETH whales bought 18,550 coins, defending the 2,230 level; but the $BTC short-term holder realized price is right overhead at 75,796, making support fragile.
📈 Top Movers
Biggest losers: Altcoins broadly fell by double digits on the weekly chart, with major altcoins generally down 11–15%. Solana also fell about 6.6% to around 89.5, leaving the $90 level in serious jeopardy.
Biggest gainers: No leaders over the weekend. After activation, $ZEC NU7 surged to 1,388 before pulling back. It is now around 1,274, up about 2% for the week—the only top-ten coin to close the week in the green. But it was turned away at 1,330; below 1,264, stick to the plan and don't buy the dip.
💡 In a Nutshell
Five consecutive red weeks, but 75,451 hasn't broken: the bears haven't won, and neither have the bulls. Chasing either direction here is just giving money away. Until it gets back above 79,400, treat rebounds as relief rallies. If 75,000 fails to hold on a closing basis, watch the 200-day moving average at 73,163. Don't take a heavy position betting on direction ahead of Tuesday's CPI.