Early morning was pretty scary. At 05:45, a 15-minute BTC candle plunged from 75744 to 73510. The 07:00 rebound failed to hold, and it's now at 74634, down 1.80%. ETH is weaker still, at 2122.94, down 5.24%.

This morning, the weekly candle closed at 74851, marking the fifth bearish candle. The 50-week moving average has also been lost. Total liquidations across the market exceeded $1 billion in 24 hours, including $913 million in long positions. ETH liquidations reached $448 million, more than BTC's $272 million.

The Nasdaq fell 3.4% last week, BTC spot ETFs saw $1.282 billion in outflows, and the Fear & Greed Index is at 28. The probability of a December rate hike is 80%. CPI data comes out on 11-10 at 21:30, and U.S. stocks open tonight at 22:30. The next couple of days will be rough.

Related codes: $BTC
, $ETH#比特币连续五周下跌