November 23rd, Bitwise advisor Jeff Park posted on social media stating that a notable phenomenon during the recent selloff is that the market's volatility characteristics are more akin to "Strike Price Stickiness" rather than "Delta Stickiness." (This indicates that this selloff was not primarily driven by market makers' mechanical delta hedging but by market participants' concentrated views and actions around a specific price point (strike price).) This is in stark contrast to the market behavior during an "Expiration Day."This characteristic signals two possibilities: first, traders believe that the market may experience a rapid rebound; second, the volatility will continue to remain at elevated levels.

November 23rd, Cryptocurrency transaction indicator analysis platform CoinKarma posted on social media that, from the technical indicator CVD observation, after BTC lost a key long-term level this week, it has faced strong selling pressure for several consecutive days, leading to an accelerated decline in the market. However, we also noticed that on November 21st, the spot trading volume of BTC at the daily closing price on several exchanges hit a recent high, indicating a clear change of hands in the market. This kind of "high-volume turnover, volume surge to stop the decline" structure is a typical short-term bottoming signal.

November 23rd, Former Ark Invest Crypto Lead and current Placeholder VC Partner Chris Burniske posted on social media indicating that the cryptocurrency market appears poised for a rebound, enough to get people bullish again, only to then see the next leg down.

November 23, according to HTX market data, Bitcoin rebounded this morning, surpassing $85,000 and is currently trading at $85,157.

November 22, according to CME's "FedWatch" data, the probability of a 25 basis point rate cut by the Fed in December is 71%, while the probability of rates remaining unchanged is 29%.

November 22, according to official sources, Arkham has announced that it now supports monitoring Bitcoin treasury company Nakamoto's holding address. The Nakamoto address currently holds 5,398 BTC, valued at around $453.4 million.

November 22, according to HyperInsight monitoring, the largest long position on ZEC on Hyperliquid is currently held with 5x leverage, holding a $19.35 million ZEC long position, with a current unrealized gain of $3.5 million, and an average entry price of $419.23 per coin.

November 22nd, according to LookIntoChain monitoring, SOL's largest treasury company, Forward Industries, has just transferred 1,727,000 SOL (approximately $219.32 million) to the 552ptg genesis address.The institution had previously bought a total of 6,834,506 SOL ($868 million) with an average cost of $232.08. Currently, it is holding an unrealized loss of $718 million (-45%).

November 22nd. This week, risk assets experienced an extremely challenging period, with the US stock market under tremendous pressure. Interestingly, despite NVIDIA announcing strong earnings and its CEO making optimistic comments, this failed to sustain a turnaround in the negative trend. The situation in the cryptocurrency market was even worse. This week, Bitcoin fell by 18%, marking its most significant weekly decline since mid-November 2022. Here are the key points the market will focus on in the upcoming week (all times in Beijing time):Tuesday 21:30, US September Retail Sales MoM, US September PPI;Wednesday 9:00, Reserve Bank of New Zealand Interest Rate Decision;Wednesday 21:30, US Initial Jobless Claims for the week ending November 22nd;Thursday 03:00, Fed Beige Book;Thursday TBD, Bank of Korea Interest Rate Decision;Friday, New York Fed's current president Williams will give a speech.Jefferson's views carry potential information as his opinions often align closely with Fed Chair Powell. Since joining the Fed three years ago, Jefferson's votes have consistently mirrored Powell's. It is worth noting that due to Thursday being the US Thanksgiving holiday and Friday's early market closure for "Black Friday," next week's trading days will be shortened, with significantly reduced market liquidity. (FXStreet)

November 22, Chinese crypto analyst Banmuxia stated in a post that "The probability of $80,500 (Coinbase price) serving as the recent Bitcoin bottom is significantly increasing."Yesterday's report, Banmuxia mentioned that the likely Bitcoin support level is between $81,800 and $74,800.