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November 21 Key Market Information Gap, A Must-See! | Alpha Morning Report
November 21 Key Market Information Gap, A Must-See! | Alpha Morning Report

1. Top News: Base Co-founder Jesse's jesse Token Released, Currently Valued at $14 Million 2. Token Unlock: $DMC, $ID

BlockBeats·2025/11/21 01:24
Bitcoin plunges 30%. Has it really entered a bear market? A comprehensive assessment using 5 analytical frameworks
Bitcoin plunges 30%. Has it really entered a bear market? A comprehensive assessment using 5 analytical frameworks

Further correction, with a dip to 70,000, has a probability of 15%; continued consolidation with fluctuations, using time to replace space, has a probability of 50%.

岳小鱼的 Web3 产品之路·2025/11/20 21:22
Data Insight: Bitcoin's Year-to-Date Gains Turn Negative, Is a Full Bear Market Really Here?
Data Insight: Bitcoin's Year-to-Date Gains Turn Negative, Is a Full Bear Market Really Here?

Spot demand remains weak, outflows from US spot ETFs are intensifying, and there has been no new buying from traditional financial allocators.

深潮·2025/11/20 21:09
Why can Bitcoin support a trillion-dollar market cap?
Why can Bitcoin support a trillion-dollar market cap?

The only way to access the services provided by bitcoin is to purchase the asset itself.

深潮·2025/11/20 21:07
Flash
05:02
The ongoing US-Israel-Iran war continues to suppress risk appetite, with bitcoin falling nearly 5% this week
ChainCatcher news, several analysts have compared this round of market movements to the bitcoin trend during the Russia-Ukraine war in 2022. At that time, bitcoin dropped in the early stages of the war and then rebounded by 24%, but subsequently fell another 64% cumulatively by November of that year. Crypto analyst Finish believes that bitcoin is unlikely to achieve an effective rebound before the Iran conflict subsides, and has set the price bottom target at around $55,000.
04:47
Analysis: Bitcoin Faces Pressure Alongside S&P and Nasdaq as Iran War Escalates Market Risk Aversion
Odaily reported that due to the impact of the US and Israel–Iran war, bitcoin fell nearly 5% this week. The S&P 500, Dow Jones, Nasdaq, and gold also declined simultaneously, while crude oil rose by 7.3%, with a cumulative increase of 53% since the outbreak of the war on February 28. The Kobeissi Letter reported that over the past three months, the S&P 500 ETF and Nasdaq 100 ETF saw a combined outflow of $64 billions, marking a historic high. The withdrawn funds accounted for about 5% of total assets under management. Spot bitcoin ETFs also recorded a net outflow of $253 millions in the past two days. Glassnode data shows that the market is struggling to absorb selling pressure. Bitcoin's net realized profit-taking once accelerated to about $17 millions per hour, but then lost momentum, with prices falling below $70,000. Analysts pointed out that geopolitical uncertainty has compressed market demand depth, making it difficult to digest even medium-sized sell-offs. Historical experience shows that bitcoin's price movement during the Russia–Ukraine war is repeating: after initial selling, there was a short-term rebound, but downward pressure soon resumed. Analysts believe that rising energy costs, tight liquidity, and persistent forced selling are putting continued pressure on bitcoin, making recovery take longer. Finish expects that bitcoin may bottom out near $55,000 and gradually recover, but the market remains cautious as long as the Iran war is unresolved. (Cointelegraph)
04:43
Data: The current Crypto Fear and Greed Index is 11, indicating an extreme fear state.
ChainCatcher news, according to Coinglass data, the current cryptocurrency Fear and Greed Index is 11, up 1 point from yesterday. The 7-day average is 19, and the 30-day average is 13.
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