1Price and market
- As of 8:43 AM ET Saturday, Bitcoin traded at $75,902: up 0.3% over 24 hours, down 2.2% over 7 days and 7.2% over 30 days; the 24-hour range was $74,888–76,250.Binance
- The 24-hour low of $74,888 is a 30-day low; from the weekly high of $81,196 the price gave up as much as 7.8%.Binance
- Binance BTC/USDT spot volume over 24 hours was 12,200 BTC (about $925 million), even lower than this morning's 15,400 BTC: a typical weekend market.Binance
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- On Friday Bitcoin was down as much as 5.2% over 24 hours before recovering to about $76,100 — a rebound after Thursday's slide, when the Nasdaq fell 5.5%.CoinDesk
- Altcoins were nearly flat on Saturday: Ether at $2,248 (+0.95%), Solana at $90.2 (+0.7%), XRP at $1.178 (−0.8%), BNB at $695 (+0.5%).Finwire
- Bitcoin's market cap was $1.52 trillion and the total crypto market $2.57 trillion (−2.9% over 24 hours); BTC dominance was 59.3%, ETH 10.6%.CoinGecko
- Bitcoin was 39.9% below its record of $126,080 (Oct 6, 2025) and down 23.8% year over year.CoinGecko
- The Coinbase premium was −0.008%, essentially zero: US buyers were not buying the dip over the weekend, but were not selling harder than everyone else either.Coinbase
2Technical analysis
- Daily RSI(14) was 38.1: weak, but still above the oversold level of 30.Binance
- MACD at −1,473 sat below its signal line at −1,143, with the histogram at −329 (−322 this morning): downside momentum persists but is barely building.Binance
- Price was below the 20-day EMA ($78,905), the 50-day EMA ($79,672) and the 200-day EMA ($76,814); the 200-day EMA is the nearest resistance, about $900 above.Binance
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- The 50-week simple average stood at $75,556 and price has held right on it for a third day; the 50-week EMA (~$78,400) has already been lost, with weekly support near $75,000.CoinDesk
- Wintermute sees downside targets at $73,000 and $68,000 and says Bitcoin needs to reclaim and hold $80,000 to show strength; after the 200-day EMA, the next resistance is $78,500.Finwire
- The 200-day simple average was $73,243 and the Mayer Multiple 1.04 (50th historical percentile): price is 4% above its long-term trend.CoinLab
- The 200-week average was $67,651, with price 12.2% above it; the Pi Cycle ratio of 0.5 is far from overheated.CoinLab
- Fractals: the two-week stretch (−6.3%) resembles 6 historical episodes, 4 of which were followed by gains, median +5.3%; the 50-day window shows a median of +2.9% (4 of 6), the six-month one +26.5% (6 of 6).CoinLab
- Polymarket's median for Nov 8 (17:00 UTC) was $75,801, with an interquartile range of $74,837–76,932 and 47.4% odds of trading above the report price: bettors expect a range with a slight downside tilt, in line with our base case.Polymarket
3Derivatives
- Open interest in Binance BTC futures was 96,468 BTC ($7.32 billion): up 1.3% over 24 hours and down 2.5% over the week — leverage is slowly coming back.Binance
- Binance funding slipped to roughly zero (−0.0002% per 8 hours) versus a 30-day average of 0.0059%: demand for leveraged longs has cooled.Binance
- Funding elsewhere stayed positive: Bybit 0.0045%, OKX 0.0056%, Hyperliquid 0.01% per 8 hours — shorts are not paying longs.Bybit
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- Binance futures traded just below spot: mark price $75,864 versus an index of $75,898 — a slight edge for sellers.Binance
- Binance's long/short account ratio was 3.13 (75.8% long), versus 2.09 among top traders: retail is holding longs while large players are more cautious.Binance
- The taker buy/sell ratio was 0.975: market sellers had a slight edge.Binance
- CoinLab's squeeze index rose to +13 (−3 this morning), with 44% agreement across metrics: a mild long-side skew that leaves the market exposed to a downside flush.CoinLab
- The liquidation wave has passed: in the 24 hours into Friday, $1.27 billion in positions were wiped out, over $1.1 billion of them longs; on Saturday Binance saw about $10 million in long and $3.6 million in short liquidations.CoinDesk
4Options
- Tomorrow at 08:00 UTC, 2,554 BTC in options expire on Deribit with max pain at $76,000 and a put/call of 1.04; another 7,647 BTC expire Monday with the same max pain — $76,000 is the weekend magnet.Deribit
- The next large expiry is Nov 13: 33,405 BTC, max pain $78,000, put/call 0.68.Deribit
- The monthly Nov 27 expiry holds 71,630 BTC with max pain at $80,000; the Dec 25 expiry holds 140,436 BTC with max pain at $75,000.Deribit
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- The DVOL volatility index was 39.7 versus 40.6 a week earlier: options imply a daily move of about ±2.1% (±$1,580).Deribit
- The put/call ratio across all open interest was 0.69, with open interest at 339,619 BTC ($25.7 billion).Deribit
- The Nov 27 skew was −3.7 (−4.2 this morning, −5.8 a day earlier): puts remain pricier than calls, but demand for downside protection keeps easing.Deribit
5ETFs and institutions
- Spot Bitcoin ETFs lost $411.9 million on Nov 6, a second straight day of outflows: IBIT about −$403 million, with FBTC (+$42.8 million) the only fund taking in money.Tokenpost
- Outflows totaled $430.2 million on Nov 5; month-to-date the funds have lost about $1.28 billion, with Wednesday the only day of inflows.Finwire
- Cumulative net inflows into spot Bitcoin ETFs stood at $55.7 billion, with assets of $95.9 billion (6.28% of Bitcoin's market cap).Tokenpost
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- Ether ETFs lost $93.3 million on Nov 6 and $365.2 million over five straight days: money is leaving Ether funds just as it is leaving Bitcoin funds.Coinotag
- Strategy holds 849,327 BTC at an average cost of $75,451: Bitcoin traded just 0.6% above the company's cost basis.The Block
- Strategy's latest purchase was 811 BTC for $65.5 million (about $80,846 each) in the week to Nov 1, funded by selling 1.18 million MSTR shares; its next purchase update usually comes on Monday.The Block
- 181 public companies hold 1.30 million BTC (6.2% of supply) worth $98.6 billion; after Strategy, the largest are Metaplanet (44,000 BTC) and Twenty One (43,514 BTC).CoinGecko
6Sentiment and on-chain
- The Fear & Greed Index stood at 25 (Extreme Fear), versus 28 a day ago, 30 a week ago and 64 a month ago.alternative.me
- CoinLab's market temperature was 28 out of 100 (32 on Nov 5): across eight metrics, the market sits in the cold zone of the cycle.CoinLab
- MVRV was 1.42 (as of Nov 2), the 33rd historical percentile: holders are in moderate profit on average.Coinmetrics
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- The short-term holder cost basis was about $75,789 (as of Oct 31): price is sitting right on it, leaving recent buyers roughly at breakeven.Bgeometrics
- On Nov 6 a whale dormant for more than a year bought 3,009 BTC (about $228 million), and another 1,286 BTC (~$98 million) was withdrawn from Binance.Blockonomi
- About 11,000 BTC left exchanges on a net basis on Nov 5: coins are moving into cold storage.CryptoQuant
- Long-term holders cut their balances by 248,000 BTC (about $17.4 billion) in Q3 — selling of older coins has weighed on the market since summer.Analyticsinsight
- Stablecoin supply was $294.0 billion: down 2.2% on the week and 4.9% (about $15 billion) over 30 days — no fresh money is flowing into crypto.Defillama
7Mining
- Hashrate was about 1,012 EH/s, with difficulty at 148.4 T.mempool.space
- The next difficulty adjustment is due around Nov 13 (in 808 blocks), estimated at −4.2%; the previous one was +5.5%.mempool.space
- Fees were minimal: 4 sat/vB for fast confirmation, 1 sat/vB within an hour.mempool.space
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- Block height was 974,936, with 75,064 blocks to the halving (around April 2028).mempool.space
- Shares of miners that pivoted to AI data centers fell 15–20% this week: after the Democrats' midterm win, investors fear a slower data-center buildout.CoinDesk
- On Nov 5 VanEck called miners oversold after an average 35% October drop; on Nov 4 Bernstein cut price targets for seven miners by up to 54%.CoinDesk
8Macro
- It is Saturday: US markets are closed and no 8:30 AM ET data was released.Bls
- On Friday the Nasdaq rebounded 1.1% to 24,579 and the S&P 500 rose 0.3% to 7,377; for the week the S&P 500 lost 2.7% (its worst week since April 2025) and the Nasdaq 3.4%.Upi
- The October jobs report came in hot: +165,000 payrolls versus forecasts of 59,000–65,000, unemployment at 4.1% and wages up 0.4% on the month.CNBC
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- Odds of a Fed hike on Dec 9 were around 80% on CME FedWatch and 76.5% on Polymarket (hold: 21.5%).Beinsure
- San Francisco Fed President Mary Daly said on Nov 6 that rates will likely have to rise further despite the slide in tech stocks.CNBC
- The 2-year Treasury yield was 4.51% (+5 bp) and the 10-year 4.86% (+2 bp) as of Nov 6: tight money is weighing on risk assets.Treasury
- The DXY dollar index was 102.3 (+0.7% on Friday), gold $4,075 (−0.9%, but +4.5% over 5 days) and oil $90.8 (−12.8% over 5 days).Yahoo Finance
- The VIX was 25.6: down 9% on Friday but up 32% on the week — fear in equities remains elevated.Yahoo Finance
- The key event next week is October CPI on Tuesday, Nov 10, at 8:30 AM ET; forecasts call for +0.28% m/m headline and +0.21% core, with PPI due the same week.FXStreet
9Regulation and events
- House Democrats are reportedly rewriting the CLARITY Act: more power for the SEC, less for the CFTC, and ethics limits on crypto businesses tied to the president and officials.Benzinga
- The SEC currently has 2 of 5 commissioners and the CFTC 1 of 5 (Michael Selig); the new Congress convenes on Jan 3, 2027.Forbes
- The US Treasury is reportedly moving to cut off the MEXC exchange, alleging at least $16 billion in suspicious transactions from 2021 to 2026.Finwire
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- The Binance hack (since Oct 29) totals about $6.3 billion and the FBI attributes it to North Korea's TraderTraitor group; Binance says it has replenished about 95% of the stolen assets, with about $3 billion frozen.Crypto Briefing
- Trump-linked World Liberty Financial plans a buyback of its WLFI token after a 66% year-to-date slide.CoinDesk
- Polymarket's November odds: 58.5% for touching $80,000, also 58.5% for $72,500 and 41.5% for $70,000 — bettors expect a wide range.Polymarket
- Upcoming Fed decisions: Dec 8–9 (hike at 76.5% on Polymarket) and Jan 26–27 (hold at 73.5%).Polymarket
- The weekly candle closes at 00:00 UTC on Nov 9 (7:00 PM ET Sunday); CME futures reopen Sunday at 6:00 PM ET.CME FedWatch