【Today’s Headlines at a Glance | 11/10】
• $BTC spot is around 75,127, up about 0.07% over 24h; this morning’s trending post put it at around 75,339 (up about 1.02%), compared with last night’s report of around 74,653 and yesterday’s trending post at around 74,440. It touched around 75,571 at 11 p.m. last night, close to yesterday’s daytime high of around 75,598; it plunged to around 74,428 at 2 a.m. this morning, then gradually climbed back up. The trending post settled at around 75,339, but it has now slipped back to around 75,127. The 24h high was around 75,598 and the low around 73,751; over the past 48 hours, the high was around 76,200 and the low around 73,500—still about 6,873 short of 82k
• The Fear & Greed Index’s latest reading today is 32 (Fear). Yesterday morning’s report, last night’s report, and yesterday’s trending post all showed 29 (Fear); this morning’s trending post has risen to 32. It has climbed from 25 (Extreme Fear) to 29 and then 32, but remains in Fear—not a signal to buy the dip
• Monday (11/9) has appeared on Farside, but most issuers still show dashes: the BTC total is provisionally 0.0, and the ETH total is provisionally about −$25 million (ETH about −$25 million, ETHE 0). Thursday’s complete figures remain BTC about −$430.2 million and ETH about −$99.9 million; Friday’s complete figures are BTC about −$411.9 million and ETH about −$93.3 million. Combined, the two days total about −$840 million for BTC and −$193 million for ETH. Don’t mistake Monday’s 0.0 for a completed flat print
• Polymarket puts the odds of a 25 bp December hike at about 79.5%, versus about 18.5% for no change. Yesterday morning’s figures were about 76.5% for a hike and 22.5% for no change, so hike pricing has tightened further. Don’t lean on a no-change outcome to support a dovish narrative in the short term
• U.S. stocks surged Monday: Nasdaq around 25253 (about +2.74%), S&P around 7550 (about +2.35%), Dow around 52390 (about +2.15%, up about 1104 points). Oil slumped, with WTI around 86.85 (about −4.4%) and Brent around 92.57 (about −5.9%), lifting risk appetite somewhat. But crypto only ground up from around 74440 to the 75 area, failing to match the jump in U.S. stocks
• ETH spot is around 2126, down about 0.75% over 24 hours and weak among the top four; 24-hour high around 2161, low around 2083. SOL around 86.4 (about −0.92%), BNB around 690 (about +0.29%), XRP around 1.100 (about −1.68%)
• Schwab Crypto has added SOL, AVAX, and LINK trading, expanding the platform’s supported assets to five: BTC and ETH, plus SOL, AVAX, and LINK. Fees are about 0.75%. The NYSE plans to use Avalanche as the settlement ledger for a tokenized stock platform. AVAX briefly touched around 9 and is now about 8.65, up around 8.2% over 24 hours, on genuinely strong volume
• The Aave DAO passed the proposal unanimously, enabling native BTC to be used as collateral on Aave V4 via a trustless Bitcoin vault through Babylon. The loan-to-value ratio is about 78%, with a 0% risk premium and an initial stablecoin credit limit of about $21 million. It still needs to go through an AIP, with mainnet launch targeted toward year-end; don’t treat it as live yet
• BitMine added about 9,587 ETH last week, bringing its holdings to about 6.07 million ETH, or roughly 4.97% of supply; about 5.227 million ETH is staked. PNC Bank and Coinbase have partnered to let business clients receive USDC and automatically convert it to dollars, starting with a limited pilot
• Discussion continues around the “take control of the Fed” narrative on Trump’s side facing an obstacle if the Senate changes hands. Forbes reports that a former Binance investigator told the IRS executives shelved investigations into about 2,000 accounts linked to Iran. Binance denies this and says it is cooperating with law enforcement. The exchange-related news flow hasn’t fully cleared
• This morning’s trending-post leaderboard: EDGE about +27.7%, AVAX about +9.1%, JUP about +9.1%, ETHFI about +8.7%, PYTH about +8.2%. EDGE is still leading now at about +25%; AVAX is around +8.2% on genuinely strong volume, JUP around +8.5%, ETHFI around +8.0%, and PYTH around +7.3% are still in the green. On the weak side: ONE about −17.8%, PROMPT about −9.1% on thin volume, ACT about −6.9%, ZRO about −6.3%, and DOS about −6.3% on still-solid volume
Last night’s report still said it had surged to 756 during the day before getting slammed back down, warned against buying the dip at 75, and had it pinned around 74653.
It touched around 75571 at 11 p.m., close to yesterday’s daytime high of around 75598. By 2 a.m. it had fallen back to around 74428, then ground up to around 75339 in the trending post before slipping back to around 75127 now.
The new Fear & Greed reading is 32, in fear—up 3 points from yesterday’s 29. It’s still about 6,800 short of 82; the $840 million from Thursday and Friday is still on the books, and Monday’s Farside figures aren’t complete yet.
Trading View
Don’t mistake a return to 75 for a recovery. Last night’s report had it pinned around 74653. It ground up from around 74440 overnight, touched around 75571 at 11 p.m., reached around 75339 in the trending post, and has now slipped back to around 75127. That’s just a post-selloff bounce grinding around above 75—not a confirmed hold.
Don’t chase longs in the 75–76 area. If you do trade, wait for the 4-hour chart to hold 76–78 first, then see whether it can reclaim 78–79; place the stop below 74428. If it can’t hold, exit. Below, watch 74428 first, then yesterday’s intraday low around 73751, then 73500. Don’t bet that this morning’s trending-post level around 75339 confirms a breakout.
Don’t chase shorts around 751. You could wait for a failed rebound into the 76–78 area before trying a small position, with a stop above 79; if the 4-hour chart gets back above 78–79, the short thesis is off. Liquidity has been mediocre after the recent grind, so chasing shorts risks getting swept by a wick like the one at 11 p.m.
Thursday’s complete outflow of about $430 million and Friday’s complete outflow of about $410 million are both on the books, totaling about $840 million over the two days. Most issuers still show dashes in Monday’s Farside figures: BTC is provisionally 0.0 and ETH about −$25 million. Don’t mistake this for a completed flat print. Fear & Greed rose from 29 to 32, up 3 points, but remains in fear; don’t rely on that number to call a bottom. December hike pricing is around 80%, tighter again than yesterday morning; don’t lean on a no-change outcome to support a dovish narrative in the short term. U.S. stocks surged Monday on the oil selloff, but crypto only ground up to 75; don’t apply equity index gains directly to your positioning. Schwab added SOL/AVAX/LINK, and the NYSE named Avalanche as its settlement layer. AVAX’s volume is real, but treat it as a satellite; the main focus remains BTC positioning and ETFs. Aave×Babylon’s native BTC collateral proposal still needs an AIP; don’t treat it as live leverage. The investigation into Binance accounts linked to Iran is still ongoing; exchange-related news hasn’t fully cleared. Third-party API key risks remain unresolved; move automated positions back to your own terminal for now.
ETH is around 2126, with a 24-hour high near 2161 and low near 2083, notably weaker than BTC. Watch 2160 first, then 2200 above; below, watch 2083 first, then 2000. Don’t try to call a bottom based on ETH alone. BitMine keeps accumulating ETH, but that won’t support this short-term grind.
Heating Up
The hot side is led by EDGE, up about 25% on roughly 4.28 million in volume; it topped this morning’s trending post at around +27.7%, has eased slightly but remains green. AVAX is around +8.2% on roughly 9.56 million in volume—genuinely strong—and briefly touched around 9. JUP is about +8.5% on roughly 1.19 million; ETHFI about +8.0% on roughly 1.36 million; PYTH about +7.3% on roughly 1.45 million; ONDO about +5.5% on roughly 7.22 million, solid volume; LIT about +5.3% on roughly 11.88 million, very strong volume; MET about +4.8%; RSR about +4.6% on roughly 2.02 million; ARB about +3.4% on roughly 7.5 million, solid volume; PEPE about +1.8% on roughly 23.32 million, very strong volume. On the cold side, ONE is down about 17.8% on roughly 1 million in volume, the steepest drop; PROMPT is down about 9.1% on thin volume; ACT about −6.9%; ZRO about −6.3% on roughly 1.94 million; DOS about −6.3% on roughly 5.65 million, still solid volume; PI about −5.5% on roughly 4.12 million; ZEC about −5.0% on roughly 116 million, extremely strong volume but still in the red; OKB about −3.7% on roughly 14.97 million, very strong volume. Leaders and laggards can flip quickly; treat hot coins as satellites.
Treat hot coins as satellites. The main story is still $BTC’s overnight grind—touching 755 and slipping back to 751—consecutive large ETF outflows Thursday and Friday, Monday’s incomplete print, fear holding at 32, and hike pricing tightening again to around 80%.
Technical Analysis
$BTC daily: 48-hour high around 76200, low around 73500, current price around 75127. Last night’s report had it around 74653; this morning’s trending post showed around 75339. It peaked around 75571 at 11 p.m., bottomed around 74428 at 2 a.m., then was pinned around 75339 in the trending post before slipping back to around 75127 at 08:00. 82 was the level lost last Thursday, and price is still about 6873 short of it. The 75–76 area has been tested repeatedly: yesterday’s daytime high was around 75598, and it touched around 75571 again overnight, but neither level held. Resistance: 76 → 78 → 79 → 80 → 81. Unless the 4-hour chart holds 76–78, treat rebounds as areas to reduce exposure or try shorts; don’t rush to call a bottom. Focus on price levels first: watch whether 74428 holds, then 73751 and 73500.
ETH around 2126 is weaker than BTC; don’t try to call a bottom in it alone. SOL around 86.4 and XRP around 1.100 are weak, while BNB around 690 is slightly green. Don’t mistake secondary narratives for the main story. AVAX around 8.65 is driven by its narrative; watch 9.0 as the first resistance, and reduce exposure if it loses 8.2. Don’t use it as a BTC substitute position.
MEME
DOGE around 0.0698 (about +0.6%) is tracking softly; BONK about +2.8% on thin volume, PUMP about +0.7%, WIF about +0.3%. With major coins grinding sideways, most MEMEs haven’t broken away. PEPE is around +1.8% on genuinely strong volume, but one coin alone doesn’t make a hedge. TRUMP around 1.12 (about −2.8%) is weak; the election narrative has paused. None of these count as hedges.
Trading Events to Watch
• Most issuers still haven’t filled in Monday’s Farside figures. Don’t mistake the BTC total of 0.0 for a completed flat print; about $840 million from Thursday and Friday is still on the books
• After grinding above 75, can BTC hold 76–78? Only consider longs after it holds there on the 4-hour chart. If it loses 74428, watch 73751 first, then 73500
• The Fed is focused on the December path; Polymarket puts a 25 bp December hike at about 80%, with roughly 20% odds of no change—a weak showing
• The new Fear & Greed reading is 32, in fear—only 3 points above 29. Treat it as a sentiment marker, not a bottom signal or trend confirmation
• Schwab listings and the NYSE×Avalanche settlement story are just satellite narratives for AVAX; don’t inflate them into a broad-market turning point
• Aave×Babylon’s native BTC collateral proposal is still awaiting an AIP; mainnet launch is likely toward year-end
• The investigation into Binance accounts linked to Iran and the year-end closure of European accounts are still ongoing; third-party API key risks remain unresolved. Move automated positions back to your own terminal for now