🐋 Weekly Bollinger Bands have tightened to a record low.
Such a narrow range was not even seen in 2016. Every time volatility compresses like this, a powerful surge follows: in 2016,$BTC gained +300%, in 2023, it gained +150% from the lows.
Digging into the Hyperliquid $BTC liquidation heatmap 🗺️🤔
Bulls are derisking the 91-93k cluster (hunting is possible, but chances are slim) 🐂➡️, degen shorts are creeping in lower ⬇️🐻, liquidations are falling.
At the current 95.8k (after the 94.1k low) 📈, everything hints at a sharp move up - a short squeeze to 106-110k 🚀🧨, where the MA looks juicy. Historically, after a Death Cross +45-213% 📊➡️📈, ETFs injected $524M 💰🤑, and macro is easing.
BTC is Building the Foundation for the Next Move - And the Picture Looks Stronger Than It Seems 📈
Over the past year, the main trading volume for Bitcoin has occurred in the $93k-$120k range. Historically, such dense accumulation zones have served as a launchpad for further growth.
When the market consolidates at a level for a long time, it creates a solid base for the next impulse wave.
But here's the most interesting part. 🔥
The liquidity heatmap reveals something unprecedented at previous peaks: the upper market levels are currently seeing massive volume typically characteristic of a cycle's mid or early stage—but definitely not the final distribution phase.
In fact, based on volume behavior, BTC looks like the cycle isn't over yet. 🚀
🐋 $FLUID - The Top DeFi Breakthrough of This Cycle. The project merges lending and a DEX into a unified liquidity infrastructure.
Since October, 0.5% of the total $FLUID token supply has already been burned, and this is just the beginning.
🔥 Fluid DEX v2 is launching soon - with pools for volatile pairs. And if all goes according to plan, Fluid could really challenge Uniswap for the title of top DEX in crypto, all while remaining a lending protocol.
✅ After the xUSD collapse and other "hedge fund" stablecoins, the team has proven its ability to conduct deep due diligence on projects.
📈 Every day that Fluid continues to operate, its resilience and the trust in it grow.
💰 U.S. Treasury General Account (TGA) Approaches $1 Trillion
The last time we saw such levels was during the COVID stimulus period. A rising TGA drains liquidity from the system, but once the government spending pause ends, the account will begin to decrease, returning funds to the markets.
🔄 Considering the end of Quantitative Tightening (QT) in December, this sets the stage for capital inflows into risk assets.
🚀 Bitcoin is often the first to react to such shifts.
Wintermute believes that the era of Bitcoin's "four-year cycles" is over. Halvings and miners no longer have the same impact - liquidity is now the main driver. 💧💹
* Wintermute: A leading global algorithmic trading firm and one of the largest liquidity providers in the Binance market.
Currently, a record share of Bitcoin is held at a loss. Historically, such a spike in losses has almost always preceded a market bottom or the end of a correction.
This is a significant indicator, suggesting that the upward trend could resume very soon.
🚨 The market data reveals a critical situation: 📈if Bitcoin surpasses $120,000, it will trigger a massive liquidation of short positions. ⚖️Despite widespread bearish sentiment, leverage metrics suggest a 🔄dramatic market shift could be imminent.
/sarcazm on Some random indicator went somewhere up… which obviously means BTC is about to explode - in some direction. 🚀 (Thanks to a “groundbreaking” presentation by a bunch of so-called “experts.”) /sarcazm off 🙃📊🔍
🐋 $7.3 Billion in Stablecoins Flood Binance, and the Market Was Dumped Just an Hour Later
Classic move - before every upward surge, the market loves to shake out the weak hands.
The last time such large stablecoin inflows were seen on Binance was in December 2024, just days before Bitcoin broke through $67,000 and soared to $108,000.
The current situation looks similar: neutral sentiment, low volatility, liquidity flowing into exchanges - while the market is being "cleaned" with short liquidations.
If history repeats itself, this dump could be the final shakeout before a new growth phase. 🚀
🔗 $LINK - Chainlink SmartCon starts on November 4 🔥 Lighter - Preparing to launch spot trading later this month 🪙 $ETHFI - Voting on the $50M buyback program ends on November 3 📞 $PENDLE - Community call on November 6, important updates expected ✈️ $AERO - Slipstream V2 and Autopilot upgrades coming next week 💧 $FOLKS - Token release on November 6 🎁 Solstice - Flares airdrop announcement expected tomorrow 🏠 $HOME - Preparing a $1M trading contest 🤖 Play AI - Teasing a major announcement for November 4 🌀 $MON - Monad to announce mainnet launch date 💸 $ETH - Linea network will start burning 20% of fees in ETH 🗣️ $VIRTUAL - AMA with the CEO and Tom Lee on November 3 🌐 $ARB - Start of Epoch 5 for the DeFi Renaissance program 🌍 Macro - U.S. and China preparing to sign a trade deal next week
This week promises to be eventful, especially for those tracking updates and potential growth catalysts.
The total market capitalization of altcoins (OTHERS) is currently testing its most significant monthly support level. This level has held for 8 years! 📅
➡️ Every single time in these years, the altcoin trend has reversed from this level. Therefore, it is reasonable to expect a similar scenario to play out once again. 🔄📈
🚨 GREAT NEWS – $TAO is breaking out, reaching its highest level in almost a year! 🚀
And who said altcoins were "dead"? 😏 No, they're just incredibly cheap.
$TAO is confidently pushing upward and seems to be just starting a new uptrend. The growth potential is far from exhausted.
What about your altcoin portfolio? No need to sell just yet - but if momentum picks up and the price approaches the $550–600 range, it might be time to take some profits and rotate into other assets.
Time to trade this portfolio wisely - the market is coming back to life! 💥