CRYPTO MARKET ON 11/8/2025 - WHAT'S HAPPENING?
=== QUICK SUMMARY ===
In the past month, the crypto market has lost 1 TRILLION USD.
Tens of thousands of traders have been margin called (liquidated) due to selling pressure.
=== CURRENT SITUATION ===
๐ฐ Bitcoin (BTC): 101,000 - 103,000 USD
- Professional traders are starting to sell
- The price is at an important support level
๐ฐ Ethereum (ETH): 3,350 - 3,400 USD
- Down 40% from its peak
- Needs to hold this level to avoid falling
๐ฐ Ripple (XRP): Showing signs of a decline
๐ฐ Solana (SOL): Down from 186 USD to 154 USD (a drop of 18%)
=== MAIN ISSUE ===
โ The market is filled with inexperienced new traders.
Veteran traders who survived the 80% crash in 2018.
But new traders sell immediately when the price is red.
โ Large liquidations:
- 441,867 traders were forced to sell
- $1.8 billion USD was liquidated in 24 hours
=== THE GOOD ===
โ Bitcoin and Ethereum ETFs received $253 million in new capital
โ Large investors are quietly buying in
โ XRP is still supported due to partnership with Mastercard
=== CONCLUSION ===
The market is in a state of fear.
Opportunities only arise when people abandon crypto.
Manage risk - not everyone will profit!
#Bitcoin #Ethereum #Crypto #Trading #CryptoNews