2025 November Cryptocurrency Market Overview: Plummets, Liquidations, and Bottom Fishing Drama - 3

Five, Regulation and Macroeconomics: The 'Sword of Damocles' in the Cryptocurrency World

- New regulatory dynamics: Azerbaijan aims to establish a complete cryptocurrency regulatory framework by the end of 2025, covering even taxation, prompting multinational crypto institutions to hastily adjust their strategies overnight.

- Verbal provocations lead to bloodshed: On November 6, the chairman of the World Economic Forum stated that cryptocurrencies are on par with AI and debt as the 'three major bubbles globally', which directly intensified panic and became one of the catalysts for the market plunge the next day.

- Macroeconomic news influences market trends: The Federal Reserve hinted that a rate cut in December is not guaranteed, and tariff policies from the Trump era had forced BTC to be sold off as a 'safe haven'; fortunately, the U.S. government resolved the shutdown crisis, boosting market confidence and directly aiding the rebound in cryptocurrency prices on November 10.

Six, Technical Signals: Key References for Bull-Bear Struggles

- Short-term alarm sounded: The RSI index of BTC has dropped to 32.14, nearing the oversold line; both MACD lines are flat in negative territory, signaling a bearish outlook technically.

- Long-term prospects: Historical data provides support—BTC's average return in November exceeds 40%, with a median close to 10%, making this 'November curse' a source of confidence for many holding their positions. $BTC $ETH $BNB #加密市场回调 #比特币走势分析