Crypto Crash: Bitcoin & Ether Face Liquidation Doom 😱💸

Markets 🤑

What to know: 🤔

  • Bitcoin plunged to $93,400 and ether to $3,050-because who doesn’t love a good rollercoaster? 🎢
  • A $62 million bitcoin liquidation pocket is lurking at $92,840. Spoiler alert: it’s not a piñata. 🎉💥
  • SOL hit $135 and ETH flirted with $3,000-liquidity? Never heard of her. 🌊👻
  • Fear & Greed Index at 17/100-last seen in April, probably hiding under a rock. 🪨😨

Bitcoin and ether are in full-on Larry David mode-curling up in a ball and muttering about multimonth lows. $93,400 and $3,050? That’s a shanda! 😩

The sell-off? Oh, it’s just confirming the downtrend. Lower highs, lower lows-it’s like a bad sitcom that won’t end. 📉🤦‍♂️

If BTC hits $92,840, say hello to $62 million in liquidations. Next stop? $87,500-March called, it wants its support level back. 📞🗓️

Why the plunge? The Fed’s interest-rate cuts are now a coin flip-50/50 in December. Risk assets? More like risk schmaskets. 🎲💔

Derivatives positioning 📊

  • Capital is fleeing crypto faster than I flee a bad first date. Open interest? Down, down, down. 🚀⬇️
  • ZEC and LTC futures? Down 6% and 10%. XRP and ADA? Up 1%. Baby steps, folks. 👶👣
  • Deribit options? Puts are the new black. Volatility? 50% annualized. Sounds like my dating life. 🖤💃
  • BTC iron condors and strangles? Hot. ETH call calendar spreads? Hotter. Someone call the fire department. 🔥🚒

Token talk 💬

  • Altcoins? Subdued. Friday’s sell-off? Still haunting us like a bad ex. 👻💔
  • Sunday recoveries? Marginal. Weekly losses? Double-digit. Ouch. 😣📉
  • Liquidity? MIA. Solana at $135? Five-month low. Ether above $3,000? Barely. July gains? Bye-bye. 👋🗑️
  • Privacy coins? Even they’re taking a nap after zcash’s wild ride from $41 to $670. Snooze fest. 😴💤
  • Fear & Greed at 17/100? Extreme fear. RSI at 43.52/100? Neutral. Market’s not oversold, just overdramatic. 🎭🙄

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2025-11-17 15:07