👉 Crypto market is bleeding and confused right now... let's talk when it actually gets fixed.
The whole market feels kinda unstable right now... weak bounces, fast sell-offs, and honestly no clean direction at all. And it's not just one thing. Everything kinda stacked at the same time.
The first real hit came right after the Oct 31 FOMC. Powell did the 25bps cut, but his tone wasnt helpful at all. He pretty much said the Fed can't assume more cuts and the outlook is "uncertain" because a lot of key data got messed up during the shutdown. That one line alone killed risk mood.
Then the shutdown made things even worse. It messed the data collection so the October CPI and October Jobs never came out. These two are like the main guides for traders... and without them both Fed and market are kinda blind. When macro goes dark, crypto always act weird and shaky.
And inside the crypto space the pressure got even worse:
🔸ETF outflows instead of inflows
🔸Old whales selling into almost every bounce
🔸And tons of 50x-75x longs that gets liquidated the moment BTC shows a tiny rejection
So every time BTC trys to go a bit green, overleverage jumps in and gets wiped, dragging everything down again. It's a full loop.
The only thing that can fix this now is fresh macro clarity. If October CPI somehow comes, it would prob drop late Nov or early Dec but chances low. So the real direction starts with:
🔸November Jobs – Dec 5
🔸November CPI – Dec 10
That's when the market finally gets real oxygen again.
Now the big question everyone thinking... Do we dip under $90k ($BTC ) first, or do we rebound quick once the data hits?
Both can happen honestly. Market is emotional and oversold, but one good CPI/Jobs print can flip everything fast.
So whats your take? deeper slide first or relief rally in December?
