Crypto Crash: Bitcoin & Ether Face Liquidation Doom ๐Ÿ˜ฑ๐Ÿ’ธ

Markets ๐Ÿค‘

What to know: ๐Ÿค”

  • Bitcoin plunged to $93,400 and ether to $3,050-because who doesnโ€™t love a good rollercoaster? ๐ŸŽข
  • A $62 million bitcoin liquidation pocket is lurking at $92,840. Spoiler alert: itโ€™s not a piรฑata. ๐ŸŽ‰๐Ÿ’ฅ
  • SOL hit $135 and ETH flirted with $3,000-liquidity? Never heard of her. ๐ŸŒŠ๐Ÿ‘ป
  • Fear & Greed Index at 17/100-last seen in April, probably hiding under a rock. ๐Ÿชจ๐Ÿ˜จ

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? Thatโ€™s a shanda! ๐Ÿ˜ฉ

The sell-off? Oh, itโ€™s just confirming the downtrend. Lower highs, lower lows-itโ€™s like a bad sitcom that wonโ€™t end. ๐Ÿ“‰๐Ÿคฆโ€โ™‚๏ธ

If BTC hits $92,840, say hello to $62 million in liquidations. Next stop? $87,500-March called, it wants its support level back. ๐Ÿ“ž๐Ÿ—“๏ธ

Why the plunge? The Fedโ€™s interest-rate cuts are now a coin flip-50/50 in December. Risk assets? More like risk schmaskets. ๐ŸŽฒ๐Ÿ’”

Derivatives positioning ๐Ÿ“Š

  • Capital is fleeing crypto faster than I flee a bad first date. Open interest? Down, down, down. ๐Ÿš€โฌ‡๏ธ
  • ZEC and LTC futures? Down 6% and 10%. XRP and ADA? Up 1%. Baby steps, folks. ๐Ÿ‘ถ๐Ÿ‘ฃ
  • Deribit options? Puts are the new black. Volatility? 50% annualized. Sounds like my dating life. ๐Ÿ–ค๐Ÿ’ƒ
  • BTC iron condors and strangles? Hot. ETH call calendar spreads? Hotter. Someone call the fire department. ๐Ÿ”ฅ๐Ÿš’

Token talk ๐Ÿ’ฌ

  • Altcoins? Subdued. Fridayโ€™s sell-off? Still haunting us like a bad ex. ๐Ÿ‘ป๐Ÿ’”
  • Sunday recoveries? Marginal. Weekly losses? Double-digit. Ouch. ๐Ÿ˜ฃ๐Ÿ“‰
  • Liquidity? MIA. Solana at $135? Five-month low. Ether above $3,000? Barely. July gains? Bye-bye. ๐Ÿ‘‹๐Ÿ—‘๏ธ
  • Privacy coins? Even theyโ€™re taking a nap after zcashโ€™s wild ride from $41 to $670. Snooze fest. ๐Ÿ˜ด๐Ÿ’ค
  • Fear & Greed at 17/100? Extreme fear. RSI at 43.52/100? Neutral. Marketโ€™s not oversold, just overdramatic. ๐ŸŽญ๐Ÿ™„

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2025-11-17 15:07