Why is the crypto world so beaten down this November?
In recent days, the market moved like a roller coaster: BTC and ETH dropped sharply right after a speech by Trump that, in theory, sounded 'positive' for crypto.
So... what really happened?
The key detail: tariffs
In the speech, not only was there talk of supporting Bitcoin; new tariffs were also mentioned, including high proposals against imports from China.
That raised an immediate alarm:
more tariffs = more global tension = less appetite for risk
When the market gets nervous, the most volatile assets —like crypto— are usually the first to fall.
The movement of whales
While the tension was rising, something else happened:
Whales, that is, individuals or entities that hold huge amounts of BTC/ETH, started to move and sell positions.
In the last few weeks, large holders released hundreds of thousands of BTC, equivalent to tens of billions of dollars.
Large transfers to exchanges were also recorded, which usually anticipate sales.
Result? A lot of supply entering the market at a fragile moment.
Domino effect
With tariffs in the conversation and whales selling:
Automatic sales were triggered.
There were liquidations of leveraged positions.
The fall accelerated.
It's like breaking a dam: it starts with a crack (tariffs), but the internal pressure (large sales) does the rest.
So… what to look at now?
Tariffs and trade policy → if they moderate, the environment improves.
BTC/ETH ETF flows → if they start coming back, it stabilizes.
Whale/LTH movements → less selling = less pressure.
In summary
It was not the “pro-crypto” speech that moved the bottom, but what was hidden inside:
Signs of trade tension
Movements of major players
Market already nervous
The combination lit the fuse.
In the medium term, a favorable political tone can help… if accompanied by clear actions.
For now, the market remains in caution mode.
So… is it a good time to buy and “hold”?
First, let's clarify the word:
✅ What does “holding” mean?
Holding (from English HODL) means buying and holding your cryptos for the long term, without selling even with strong ups or downs.
The idea is simple:
“I don't try to guess tomorrow's price; I trust in future value.”
It is usually done with Bitcoin or ETH because they are assets with more history, liquidity, and institutional adoption.
Is it a good time to hold right now?
There are no absolute answers, but with what is happening we can say:
The market is tense
Trade tensions + whale movements + strong sales have put bearish pressure.
That means more volatility and more risk that prices will continue to adjust.
There are no clear signs of a bottom
We haven't seen:
Clear reversal in whale sales
Sustained return of flows to ETFs
Cooling of tariff narrative
As long as those factors remain active, the market may continue to be unstable.
So is it bad to buy?
Not necessarily.
But it does not seem like the “ideal moment” to enter forcefully expecting immediate calm.
The most prudent thing if someone wants to hold would be:
Enter gradually (DCA)
Keep money reserved in case it drops more
Look at long-term periods (months/years, not weeks)
Holding does not depend only on today's price, but on:
Your risk tolerance
Your time horizon
Your strategy
If someone gets stressed with strong drops, this is not the moment to enter aggressively.
🧭 What signals would improve the outlook?
That tensions/tariffs moderate
That whales reduce selling
That positive flows return to ETFs
That the market finds stability
If those pieces start to change, the narrative for holding long-term becomes more solid.
In summary
Holding = buying and holding long-term
Today the market is pressured by:
Trade tension
Sales by major players
Weak institutional flows
For now, it does not seem like the ideal moment to enter strongly
If one wants to enter, the most logical thing is to do it gradually and thinking in years, not weeks
The long-term thesis for BTC/ETH is still alive…
but the short term is unstable.
