The 200-day moving average breaks: 318.7k traders liquidated, $1.9 billion wiped out

The 200-day moving average at $73k was breached on November 13. The $1.9 billion wiped out and 318.7k traders liquidated afterward were consequences, not causes.

GSR co-founder Rich Rosenblum put it plainly: “This was a technical decline. Bitcoin fell below its 200-day moving average at around $73k, triggering a cascade of liquidations and prompting new short positions.”

Step one: The price hit $73k, automatically triggering stop-loss orders in algorithmic trading.

Step two: Leveraged longs were forcibly l

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$BTC top was in 11 months ago.

Starting to look like 3 of the 4 times price will come back for a retest.

Trend line is near $60K and price is $63K.

BTC first broke below 63,000 this morning, dipping to a low of 62,081 before reclaiming levels above 63,500—the 63,000 threshold mentioned at 09:00 was put to the test this morning. The recovery was real, but one reclaim alone doesn’t mean the level has held. #比特币跌破7万美元

ETH also dipped this morning, hitting a low of 1,713.65 and now trading at 1,755.87, down 8.77% over 24 hours and 22.51% over 7 days. It fell further than BTC, and this morning’s dip came within a step of 1,700. #ETH一度跌破2000美元

SOL saw the biggest move this morning: it fell below 70 and now trades at 69.41, down 9.52% over 2

There we are. What a hell of a drop.

Patience has been paying off, but gonna hold off for a bit longer.

→ Macro:
- Still think we're forming a bottom stage.
- We're back at the zone where we took a lot of swings late summer.

→ Medium time frame:
- Not buying yet.
- Want to see a setup form first.
- In the end, it's simply a range.

Last June, our entry was the range low deviation, and I want a similar setup again.

But the reality is, while everyone screams and acts like they know how this will unfold, they don't.

In any case, the cleanest entries would come IF we at least take the lows of

#Gate直通IPO第三期Anthropic Does Anthropic’s $1.4 Trillion Valuation Actually Hold Water?
A $1.4 trillion valuation is not completely detached from reality, yet it sits on a razor-thin margin for error. At this historic scale, the market price is underwritten by extraordinary top-line velocity and frontier AI dominance rather than mature, recurring bottom-line profitability. Whether investors view the offering as an essential mega-cap anchor or an aggressively priced expectation trap depends entirely on which side of the balance sheet carries more weight.

Why the Bull Case Has Real Support

· Expl

261115
Bitcoin is trading on the weekly timeframe; trade cautiously until the weekly chart breaks down. Use stop-losses on short-term long and short trades!
BTC resistance levels
65284/66439/67337
BTC support levels
62976/61821/60924
ETH resistance levels
1800/1832/1856
ETH support levels
1736/1704/1680
Place the stop-loss slightly beyond the third price
Keep intraday trades under 5% of your position
Livestreams are held in the afternoon and evening; follow my profile to find me. #黄仁勋辞职

Really powerful$BTC ‌$GT ‌$ETH ‌#Gate直通IPO第三期Anthropic

$HYPE REBOUND ALERT — 67.65 NEXT AS BUYERS FIGHT BACK!

LONG SETUP

Entry: 66.055
SL: 62.80

TP1: 67.65
TP2: 69.90
TP3: 72.20

$HYPE has bounced sharply from 60.005 after a heavy sell-off, with strong green candles signaling renewed buying interest. The recovery is now approaching 67.65 resistance. A successful breakout could push price toward 69.90 and potentially 72.20, although the broader trend remains bearish.

A drop below 62.80 would weaken the recovery setup, while losing 60.005 would signal renewed downside risk.

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$HYPE First daily close below 99smma since March!
The tide has changed.

BTC rebounded at a major gap on the daily chart, a higher-timeframe level. However, the market is unlikely to reverse and rally sharply right away. The key is whether the market gets positive catalysts, including improved sentiment. Next, watch whether it can continue breaking below the low. If it can't, the market will most likely enter a range and start moving sideways while accumulating BTC

#BitcoinDropsBelow$70K #BitcoinDropsBelow$70K 🚨₿
Drops Below $70,000: Understanding the Market Correction, Investor Sentiment, Key Support Levels, and the Future Outlook for Cryptocurrency

Bitcoin, the world's largest cryptocurrency, has attracted significant attention after dropping below the psychologically important $70,000 price level. This development has created fresh discussions across the global crypto market, raising questions about investor confidence, market liquidity, institutional demand, and the possibility of further downside.

The $70,000 level is more than just a price poin

Going forward, avoid shorting too readily and focus on buying pullbacks. This rebound is very strong and has already broken above the trailing-stop levels for short positions on the 1-hour timeframe. If momentum remains strong, the rebound can continue; if it weakens, the price may pull back and consolidate, then rally again after the moving averages move lower. 1709 is the short-term low, so avoid shorting unless it breaks below that level. It should be no problem for the price action to gradually carry over to the 30-minute timeframe. As long as it doesn't plunge and instead moves sideways,

$ZEC : the next reaction matters

The plotted path needs confirmation before it becomes convincing.

ZEC has a conditional route lower on the 30M chart. Watch whether sellers can hold the rebound below resistance and break the nearest support.

Structure

• Patterns frame the visible price structure.
• Last closed price: 892.77.
• The curve illustrates a possible path with a pullback.

KEY LEVELS

Marked target: 799.791
Resistance: 903.762
Support: 888.636

Reassess after a recovery above resistance followed by a retest that holds.

#USOctoberPPIBelowExpectations

#ShareWeekly
$BTC ‌$ZEC ‌

#ShareWeekly #BTC #WCTCS9

Bitcoin Breaks Below $63,000: Is the Market Entering a Deeper Correction or Preparing for a Recovery?

Bitcoin has entered another critical phase as selling pressure pushes BTC below the important psychological level of $63,000. According to the latest market update, BTC/USDT is trading around $62,999.90, recording a significant 24-hour decline of 7.67%. This move deserves serious attention because Bitcoin is not simply experiencing a small intraday fluctuation; the breakdown reflects growing uncertainty, weakening short-term momentum, and increasing pressure across