Nihat çetinkaya

Good Morning Friends...

#Bitcoin spot ETFs saw a total net inflow of 240 million USD.

BlackRock's IBIT fund recorded the highest inflow at 112 million USD, followed by Fidelity's FBTC fund (61.64 million USD).

#Ethereum spot ETFs also followed a similar trend with a net inflow of 12.51 million USD.

Here, BlackRock's ETHA fund (8.01 million USD) and Fidelity's FETH fund (4.95 million USD) stood out.

JPMorgan raised its fair value estimate for Bitcoin to 170,000 USD.

Japan's Financial Services Agency (FSA) announced support for a pilot program to issue a stablecoin in new yen, jointly developed by Mitsubishi UFJ, Sumitomo Mitsui, and Mizuho banks.

Among market participants, there are comments suggesting that Bitcoin appears "exceptionally cheap" compared to gold after the recent liquidity crunch and de-leveraging process, and that the potential for the Federal Reserve to restart an asset purchase program (QE) could invigorate the markets.

My short-term expectation for Bitcoin is that I will follow it as an attack up to the 105776 band. #btc

I will monitor Bitcoin's short-term expectation as an attack up to the 105776 band.. #btc

Macro News: Democrats won in New York and states with the victory in the US elections and pressure of a government shutdown; although hopes for an end to the shutdown have increased, Senate resistance continues, and Trump's pressure is growing.

Economic Data Weakens Rate Cut: ADP +42K job growth and ISM Services at 52.4 reduced the urgency for a Fed cut; Treasury yields rose, and China suspended tariffs.

UK Stablecoin Regulation: US Synchronization: The BoE will align the $310 billion sector with the US; a report will be published on November 10, and Canada is also introducing a reserve requirement.

Risk of Extension of US Government Shutdown: The shutdown, which set a record at 37 days, has a 3% chance of ending on November 7; after November 16, the chance is 44%, and the budget deadlock continues. It seems that money won't enter the market without opening.

I earn money in the sector, every coin and transaction taken to multiply money makes everyone grateful when it comes to the entry 😁

Who knows what you think when you ask crypto enthusiasts questions about our situation😁

#Bitcoin

Market Overview and ETF Flows

#Bitcoin spot ETFs** experienced a net outflow of $577.74 million.

This marked the highest daily outflow since August 1 and signified the fifth consecutive net outflow day.

Fidelity's FBTC was the most affected fund with an outflow of $356.6 million.

#Ethereum spot ETFs** recorded a net outflow of $219.37 million and also surpassed the fifth consecutive outflow day.

BlackRock's ETHA fund led with an outflow of $111 million.

#Solana spot ETFs, on the other hand, recorded a modest net inflow of $14.83 million, contrary to this trend.

Good morning friends, how are you?

Friends, there is something we need to understand; the issue here is not about bears or bulls.

As long as there is no new money inflow in the face of the liquidity problem and situation, it will continue to be a hellish place.

#The cryptocurrency sector experiences bear and bull markets periodically, but this is not a trend or anything else apart from being a bear.

Bitcoin has fallen below $100,000 again after 134 days.

#Bitcoin $BTC

Despite the chaos, the only one who didn't upset us was #dgb, it's confession time...

Can Ethereum (ETH) Really Reach 8 Thousand Dollars? Analysts' Opinions!

https://www.nihatcetinkaya.com/?p=10856

Hello Friends, how are you? We started the agenda today with the decline of #btc...

For the upward movement on the Bitcoin side to continue, the level of 111 thousand needs to be surpassed..

Otherwise, the scenario where #btc remains below 106 will lead us to look for liquidity around the level of 102 k..

Please monitor the transactions carefully below 106.

For Bitcoin to continue its upward movement, the 111,000 level must be broken.
Otherwise, a scenario where #btc remains below 106 will force us to seek liquidity at the 102,000 level.
Pay close attention to transactions below 106.

For the continuation of the upward movement on the Bitcoin side, the level of 111 thousand needs to be surpassed ..

Otherwise, the scenario where #btc remains below 106 will lead us to search for liquidity levels around 102 k..

Please monitor transactions carefully below 106.

Friends, I shared a project 2 years ago, and a friend informed me last night.

I logged in and checked what the small balance was about, and while looking, I saw that we had done ticket transactions in the past, and they had given an airdrop..

Please check the claims by accessing the link below; those who follow must have done it.
Don't forget to follow the profile there in addition to collecting the rewards..

Highlights from the Last 24 Hours‼️

Global Finance News

The Reserve Bank of India increased its dollar selling position in the offshore derivatives market for the first time in 7 months in September..

China** allowed the export of three critical metals, including gallium, to the USA.

Hong Kong announced new regulations allowing cryptocurrency exchanges to access global liquidity pools.

Crypto Exclusive News

#Binance will start trading Intuition (TRUST) on November 5
The Hong Kong Securities and Futures Commission (SFC)** allowed cryptocurrency exchanges to connect to global order books.

Technical Indicators and Market Data**

Binance BTCUSDT Futures - Long/Short Ratio

Risk Indicators

- **$250M liquidation** occurred across the entire network in the last 4 hours
- The investor nicknamed "Machi Big Brother" had 25x ETH and 10x HYPE long positions partially liquidated
- High US interest rates and a strong dollar are putting pressure on risk assets.

Happy Weeks and Abundant Earnings...

Every time I see a bull market post, I check my spot portfolio, and every time I look, I see a balance that has dropped more than the previous one 😁

Are the bull tweets just stories or is there a hole in the bottom of our wallet?