Post
Bearish

The market has seen a notable shift: BTC has fallen below $70k, and ETH has dropped below $2,000. The market is also facing pressure from continued ETF outflows, higher-than-expected inflation, and concentrated liquidations of long positions.



My core view: The short-term outlook remains bearish, but after consecutive declines, it is inadvisable to blindly chase shorts. Prioritize waiting for a rebound to short; next, watch for a short-term rebound after key support stabilizes.

According to CoinDesk and related statistics:

* On November 10, BTC spot ETFs saw net outflows of about $95 million.
* Previously, on November 9, net outflows were about $201 million.
* From November 5 to 11, cumulative net outflows totaled about $1.17 billion.
* On November 11, net outflows of about $30.2 million were still recorded.

Today’s focus: U.S. PPI data

The U.S. will release its Producer Price Index (PPI) on November 13. BTC options will also expire.
View Original
ZECUSDT Futures Grid
25XLong
ROI
-24.47%
Account from @CryptoCircleNeptuneSnapshot Time 2026/11/13 03:30
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BTCBTC-4.39%
ETHETH-1.26%


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