The morning post asked whether 72,800 would hold. By morning, price hadn’t even touched 72,000.
Against the backdrop of hotter-than-expected CPI and rising expectations of a Fed rate hike in December, the morning post asked whether 72,800 would hold and whether this downturn was a pullback or the start of a continued slide. By morning, both questions had answers: it didn’t hold—and price didn’t rebound after breaking below it; it skipped straight past. The day’s high of 72,200 came at midnight. After the morning post, the highest price reached in the morning was just 71,500. As for a test to the upside, there wasn’t a single attempt; prices moved down in one direction throughout.
Here’s how it unfolded: From midnight to 7 a.m., prices traded sideways in a narrow 71,100–72,200 range on subdued volume. At 8 a.m., a bearish candle on roughly 2.5 times the volume broke below 71,000. At 10 a.m., volume surged as price plunged through the 70,000 level. At 11 a.m. came the day’s sharpest move: volume was about seven times the average for the previous nine hours, and price plunged to the day’s low of 68,500 before recovering slightly to around 68,900. It’s now at $68,835, down 6.75% in 24 hours.
Ethereum also weakened, falling below the $2,000 mark in the morning to a low of $1,917. It’s now at $1,931, down 6.03% in 24 hours. BNB hit a low of $630 and is now at $632.6, down 6.79% in 24 hours. All three major coins hit their intraday highs at midnight and their lows at 11 a.m.—a synchronized plunge, not a divergence. Total market cap is $2.35 trillion, down 7.91% in 24 hours; the decline is steeper than Bitcoin’s, with smaller coins taking heavier losses.
One new data point: $1.233 billion in crypto futures positions were liquidated across the market over the past 24 hours, mostly longs. Since this morning, several large traders’ long positions have been liquidated. The driver remains rate-hike expectations fueled by sticky CPI; crypto has no independent narrative of its own.
Do you think the high-volume plunge to 68,500 marks a near-term bottom, or will prices take another step down next week? Share your thoughts in the comments.
Data sources: Live market data / CoinGecko / PANews (data as of November 13, 2026, 12:00 UTC+8)
#午间速览 #行情 #Cryptocurrency
$BTC $ETH
Against the backdrop of hotter-than-expected CPI and rising expectations of a Fed rate hike in December, the morning post asked whether 72,800 would hold and whether this downturn was a pullback or the start of a continued slide. By morning, both questions had answers: it didn’t hold—and price didn’t rebound after breaking below it; it skipped straight past. The day’s high of 72,200 came at midnight. After the morning post, the highest price reached in the morning was just 71,500. As for a test to the upside, there wasn’t a single attempt; prices moved down in one direction throughout.
Here’s how it unfolded: From midnight to 7 a.m., prices traded sideways in a narrow 71,100–72,200 range on subdued volume. At 8 a.m., a bearish candle on roughly 2.5 times the volume broke below 71,000. At 10 a.m., volume surged as price plunged through the 70,000 level. At 11 a.m. came the day’s sharpest move: volume was about seven times the average for the previous nine hours, and price plunged to the day’s low of 68,500 before recovering slightly to around 68,900. It’s now at $68,835, down 6.75% in 24 hours.
Ethereum also weakened, falling below the $2,000 mark in the morning to a low of $1,917. It’s now at $1,931, down 6.03% in 24 hours. BNB hit a low of $630 and is now at $632.6, down 6.79% in 24 hours. All three major coins hit their intraday highs at midnight and their lows at 11 a.m.—a synchronized plunge, not a divergence. Total market cap is $2.35 trillion, down 7.91% in 24 hours; the decline is steeper than Bitcoin’s, with smaller coins taking heavier losses.
One new data point: $1.233 billion in crypto futures positions were liquidated across the market over the past 24 hours, mostly longs. Since this morning, several large traders’ long positions have been liquidated. The driver remains rate-hike expectations fueled by sticky CPI; crypto has no independent narrative of its own.
Do you think the high-volume plunge to 68,500 marks a near-term bottom, or will prices take another step down next week? Share your thoughts in the comments.
Data sources: Live market data / CoinGecko / PANews (data as of November 13, 2026, 12:00 UTC+8)
#午间速览 #行情 #Cryptocurrency
$BTC $ETH