I. Cryptocurrency Market Quick Pass
1. Altcoin Market
Excluding the top 10 altcoins by market capitalization, the daily chart shows a downtrend, having broken the support level.
2. BTC.D Bitcoin market capitalization share
BTC.D Bitcoin market capitalization accounts for 59.89%. It's been sideways.
3. Liquidation Heatmap
From the liquidation heatmap of the past week, long liquidity has been completely wiped out, and it's time to rebound and hunt shorts.
4. Fear and Greed Index
Fear and Greed Index is 22, down 2 points from yesterday.
5. 1H Time Frame: Multi-Strategy Trading Analysis
Screenshot time: Beijing time November 14th 18:05.
II. Cryptocurrency Blogger Quick Pass
1. Top trader Pigeon Eugene Ng Ah Sio
Updated on November 14 at 13:09 Beijing time:
We have finally lost 100k. This has two very crucial implications:
1) This is the last line of defense for HTF (high cycle) bulls.
Once it breaks 100k, it's hard to still call it a 'bull market structure complete' in a high cycle.
At the same time, it has officially broken below the 50W (50-week) trend line for the first time since the cycle began in 2022, which is very important.
2) 100k is a very strong psychological price point.
Previously defended 3-4 times, now it has completely broken, and will directly become strong resistance in the future.
For the above reasons, I have no interest in going long in this wave of decline.
I will focus on the low 90k range, where it is the first area worth considering.
Now entering the capital preservation mode is re-initiated.
(Pigeon believes that we can only bottom-fish after BTC breaks 90K, and now the bullish structure on the high time cycle has already broken.)
2. Top trader Joshua
Updated on November 13 at 21:13 Beijing time:
1) Payroll or CPI data may be delayed until December for release.
2) The end of November has Thanksgiving, followed by December 19, which is the three witching days ~ Christmas market closure; new year capital inflow will have to wait until after January 5.
3) Market participants are further decreasing, prop funds are gradually turning their attention to US stocks and are preparing.
(Based on these reasons, I am starting to feel that US stocks are also nearing a peak.)
4) Substantial large-scale liquidity, I believe will appear in:
• From Thanksgiving until December 19
• Or after early January
5) For institutions, due to the lack of government data, it is difficult to participate in the market, so they are likely waiting.
6) The macro environment is still positive; I still believe the market is in the bottom area, and this view has not changed.
7) However, due to too little liquidity, if altcoins rise faster than expected, one should immediately take profits.
There may be plenty of time to re-enter the market.
After the payroll data is released, it may not only be short-term trades, but also medium-term layouts based on the data.
8) Related to point 3:
The fewer market participants, the greater the potential returns.
Because as soon as there is a rapid market, those who exit will chase back in, further amplifying the upward space.
9) The trend of old road tokens, I still do not think it is just a simple short squeeze.
Thus, one should continue to conduct in-depth research, constantly update the research on these old tokens (limited in number), seize potential, and gradually collect in a 'value betting' manner.
10) The timing for large-scale entry is:
When US stocks fall, crypto does not fall,
Choose relatively strong ones from the altcoins studied for purchase.
If there are no such conditions, just slowly collect as mentioned above.
SYRUP
GAME
ICP
UNI
HNT
Updated on November 14 at 13:46 Beijing time:
It seems we are getting close to such a (referring to the above entry timing) point now.
Slowly start buying a little bit, then re-adjust in the evening, tomorrow morning, around the US stock market close.
(Joshua believes we can start to buy spot in batches now.)
3. Trader Vivian
Updated on November 14 at 4:19 Beijing time:
If the daily line closes above $99,700, we will be out of danger; this is Plan A.
If the daily line closes above $101,000 - then that confirms the bottom.
If the daily line closes below $100,000, then I will exit if it rebounds to $101,700.
Before the daily line closes, the stop loss for the BTC long position is $93,200.
A decision must be made at the daily line close: continue holding or close positions.
Updated on November 14 at 8:19 Beijing time:
Daily line closing update
The order book held up. The daily line closed above $99,700, which means it is currently safe. However, we are not completely out of danger yet.
A further dip will push the price to today's low or lower (intraday).
The plan is as follows:
1) BTC long position
o Plan A: Hold through volatility
o Plan B: Close near 101,500, then re-adjust from tomorrow to the weekend at 96K, 97K, 98K.
2) ETH long position
o Dip to 3350, so ETH won't close red today
o Plan A: Take a small loss to stop loss, let the orders continue to wait for passive execution
o Plan B: Maintain positions, let the orders continue to average, and hedge emotions with some altcoins during the dip.
3) DOGE long position
o The dip will close out, or continue to hold but with a hedging position
Among these three situations, I choose Plan A.
ETH chart
ETH's orders held up, so it's not considered unsafe, but if it dips again (TGIF dump), it might drop again.
(Vivian holds a long position with an average price of 101K, but she chose to hold the position.)
4. Top trader DonAlt
Updated on November 14 at 6:25 Beijing time:
"If we can fix the issue this weekend, we will take off.
If not, then it’s time to find a real job.
(DonAlt believes that BTC must close above 104K on the weekly to maintain a bullish structure; his XRP long position lost money.)
5. Top trader Nachi
Updated on November 14 at 2:30 Beijing time:
As BTC strongly breaks below 100k, this round of rebound is proven to be just a flash in the pan, and the market also breaks below the key pivot area.
US stocks have seen a decrease in the probability of interest rate cuts in December, coupled with government shutdowns leading to delays in all processes, and momentum has clearly weakened. Fund managers are more inclined to lock in profits early to deliver impressive results by the end of the year.
Since the pivot area has been broken, there is still considerable space below. The crypto market has already suffered significant damage, and chasing shorts at this time has a poor risk/reward ratio.
Currently, the only relatively decent downward indicators are those US stocks related to crypto that performed strongest, such as COIN (Coinbase) and HOOD (Robinhood); they were previously holding steady, but now likely need to correct - I have already entered a small position.
But it is essential to remain flexible. Shorting has never been an easy operation.
If you're not good at shorting, then increase cash holdings and wait for better bottom-fishing opportunities. I don't think the market will see a meaningful rebound before the end of the year.
Good luck!
(Nzchi believes that chasing shorts now is inappropriate, and slowly waiting for bottom-fishing opportunities.)
6. Wave Theory Liu Yudong
November 14, 2025
Started rising in three segments from the blue point; it was neither a leading wave nor could it form an impulse wedge. This rise is an adjustment wave that conforms to the platform shape. It needs to continue lower.
98332 has arrived. There are currently no signs of a bottom.
The next support level is 91730.
(Liu Yudong believes $BTC will continue to decline, with support at 91730.)
Three, Summary
Today's drop exceeded many people's expectations, the bloggers who went long yesterday all lost money, while those who shorted made profits.
Around 3 AM today, I saw the long liquidity around 98K wiped out, started bottom-fishing, bought around 8000U of spot, and now it looks like I basically bought at mid-levels, luckily I bought in batches, so the average price is not too high.
My total buying amount has reached 24000U (there are still 4 BNB not captured), with a floating loss of over 1000U.
Originally, I planned to hold 20,000U in altcoin spot, but I got a bit carried away this morning and bought more. Plus, with BTC losing the 100k mark, I plan to reduce my position during the weekend rebound; if there is no rebound, I won't add to my position.
No updates over the weekend unless there are special circumstances.
Statement:
The above information is for reference only and is not trading advice. The crypto circle is high risk; participation should be cautious.
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