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$BTC went from ATH to “AYO WTF” in just days...

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You can’t spell “crypto” without “cry” 😭 It hits way too hard today. The market just stretched its losing streak, and the pain is real.

The red column in my watchlist looks like a bloodbath. Major coins are dumping fast with selling pressure that feels endless.

October already gave us the first “Red Uptober” in 6 years. Are we into “Rektvember” now?

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Here’s what we got for you today:

  • 👀 Where are those whales headed next?

  • ⭐ Rektvember: Should you hold or cut losses?

  • ⭐ Who’s been FOMO on $ASTER? Be careful

  • 🔥 Burning hot takes for the road

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Too many whales just got wrecked on Hyperliquid. They won’t make the same mistake twice. Hyperliquid is for on-chain influencers.

Where are they headed next? $xxxx. You won’t find it here. As always, we’re keeping this one Telegram-only, no leaks. Only takes one scroll to see the setup. Don’t miss it.

⚠️ The real insight is what needs to happen next and who might trigger it.

Anw, about today’s overview market and deep analysis, whales are loading more including the old coins before the next parabolic leg.

You can read this real-time update post from our trader here (hope his port is fine 😂)

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$1T WIPED. SHOULD YOU HOLD OR CUT LOSSES?

Since Oct 6, the market has lost over $1 trillion, wiping out all the profits made in 2025. And in just the past 24 hours, $1.8 billion in positions got liquidated, affecting over 441,000 traders.

Investors are now split into two camps:

  • Some say cut losses and protect capital

  • Others believe this is just another dip and the market will bounce back like it always has

And here’s what analysts are debating.

1/ The Bearish Side: Pain Might Not Be Over

The Kobeissi Letter points out leverage is at record highs. That means when panic hits, price drops get amplified.

Coinglass reports that $1.38B of the liquidations came from long positions. The biggest was a $26M ETH-USD trade on Hyperliquid.

Peter Schiff says this drop could be worse than the dot-com crash, and warns that the AI bubble might be next.

Some analysts say Bitcoin is now officially in a bear market, and that the bulls have already lost the fight.

Others worry that long-time holders are selling their BTC, and it’s being picked up by newer investors who may not have the patience to hold during deep crashes.

There are also macro signals making things worse:

  • Michael Burry’s latest 13F filing shows strong short positions till 2027

  • The Buffett Indicator is at 233.7%, suggesting serious overvaluation across all markets

2/ The Bullish Side: It Might Be Just a Temporary Dip

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Comparison between Nov 2024 vs. Nov 2025

Not everyone’s panicking. Michaël van de Poppe says this is just forced liquidations, and that markets often recover quickly after events like this.

Ran Neuner adds that only new traders are scared, vets have seen this movie before. History supports that:

  • In November 2024, $BTC.X ( ▼ 4.23% ) dropped from $71K → $66K… → then pumped to $108K in 45 days

  • $ETH.X ( ▼ 8.99% ) rose 75% in the same stretch

  • Altcoin market cap jumped 138%

  • Many tokens went 5x–10x in under two months

And don’t forget the macro factors lining up: quantitative tightening ends Dec 1, QE is back, US-China trade deal signed, Gold is peaking, stocks at new highs.

→ Ash Crypto thinks this is a macro setup for another crypto rally.

We're in the middle of the story, not the end. Even our team is split into 2 cases, so if you're holding through this, don’t panic-sell out of fear. But don’t blindly “buy the dip” either.

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😶 WHO’S BEEN FOMO ON $ASTER? BE CAREFUL

Flood (aka ThinkingUSD) just dropped a response to a super hyped tweet about $ASTER.X ( ▲ 10.1% ) , you know, the token CZ flexed he's holding over $2.5M worth of.

But instead of riding the wave, Flood's like: yo, most of the people hyping $ASTER are just newbies who’ve been wrecked in 2025 and are desperate for a pump to break even.

They’re out here convincing themselves Aster DEX = the next Hyperliquid.

But if you leave emotions out and think like a real trader, this setup sucks. Here’s his breakdown:

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1/ The product kinda sucks (his words, not mine)

Aster’s basically a weaker Binance clone. If you’ve ever used Hyperliquid, you’d know Aster feels… mid.

So if you're buying $ASTER, you're basically betting Binance is gonna ditch its own main product and go all-in on Aster, which is… extremely unlikely.

2/ The “Trump coin” theory sounds cool but… nah

Some people think Aster is secretly tied to pro-Trump funds and it’ll become America’s perp DEX.

So he’s like, where’s the proof? Also, most Trump-linked tokens have flopped historically. He claims he doesn’t know who Binance founder is.

3/ CZ ain’t giving out free money, man

There’s this belief that CZ wants to “give free money” to the community. Flood disagrees. He sees CZ as the OG shark, a master at extracting liquidity.

If the price fails to pump hard, CZ could lose interest and exit quietly. And those still holding? They’d be left watching it drop… possibly to zero.

Even if you believe in the wildest bullish cases: Binance all-in, CZ giving handouts, a pro-Trump DEX, this is still a highly risky trade with no clear stop-loss and real chances of a -90% loss.

If you ask me?

Flood’s not just being negative. He’s pointing out what happens when people trade with hope instead of logic.

After a rough 2025, it’s dangerous to think “this one will save me.” But if you’re betting against CZ in a game he controls, yeah just go with it.

I’m not saying don’t touch $ASTER because we all know “high risk, high return”. Just be real with yourself. Still, no one can be sure about the future!

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Home insurance rates up by 76% in some states

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🔥 BURNING HOT TAKES FOR THE ROAD

$JELLYJELLY.X ( ▲ 15.08% ) , a Solana-based meme coin, hit $500M MC during market crash (now $231M), surged 202% from recent lows. Read more

U.S. court reviews Sam Bankman-Fried’s 25-year sentence. But judges seem doubtful of appeal. Read more

ZKsync just rewrote its whole tokenomics, helped push $ZK.X ( ▲ 9.24% ) up over 10% in a day and 93% in the past week. Read more

Looks like CZ’s done with $ASTER.X ( ▲ 10.1% ) … now it’s $GIGGLE.X ( ▲ 168.09% ) time. It jumped 30%+ after CZ backed. Read more

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