#Bitcoin long/short ratio on Binance is at its highest level this cycle.
So many people are trying to time the bottom.
My personal view is that prices are currently accumulating.
I foresee a rise in early December.
$BTC $ETH
#BitcoinPriceWatch
#CryptoMarketWatch
#TopGainersInADownMarket

The US unemployment rate will keep rising:
The gap between Americans saying jobs are "plentiful" versus "hard to get" fell to 9.7% in November, near the lowest in 4 years.
Perceptions of the job market have consistently deteriorated over the last 3 years.
Historically, this metric has been one of the earliest signals of rising unemployment.
Meanwhile, continuing jobless claims reached 1.96 million in the week ending November 15th, the 3rd-highest since November 2021.
To put it simply, finding a job in the US is still becoming more difficult.
The #Fed has no choice but to cut rates again.
#Dece

New rankings show the top 10 privacy coin projects by development, along with how each has moved since the last update.
$DASH $DCR $DUSK
#CryptoMarketWatch
#DecemberMarketOutlook

#Coinbase premium index flips negative again.
$BTC
#BitcoinPriceWatch
#CryptoMarketWatch

Odds of President #Trump selecting Kevin Hassett to replace Jerome Powell as #Fed Chair rise to 63% on Polymarket

$BTC The final month of the year.
We know by now that the first move does often create the monthly high or low within the first ~12 days. This happens about 80% of the months.
Price has taken a quick dive straight from the candle open so far in December, leaving no wick above either. This doesn't make for the strongest high.
Good to watch closely in the 1-2 weeks ahead. Often these instant moves from the open, do end getting retested. October was a good example of that recently.
#CryptoMarketWatch
#BitcoinPriceWatch

$ETH could move towards the $2,300 level.
#CryptoMarketWatch

For the first time since 2021, the average price of #gas in the US is down to $3.00/gallon.
President #Trump continues to state that he wants gas prices back below $2.00/ #gallon

BOJ rate hike odds in December are now at 81%.
BOJ first rate hike happened in March 2024.
The 2nd one happened in July 2024, and the last one happened in January 2025.
Interestingly, after each rate hike, $BTC and the crypto market dumped
#DecemberRateCutForecast

The global equity market has been historically resilient:
The MSCI All Country World Index (ACWI) has now gone 159 trading days without a -5% pullback, the longest streak since 2016-2018.
This index covers 23 Developed Markets and 24 Emerging Markets, capturing ~85% of global investable equity.
This has now exceeded the 145-day run seen in 2021 and marks the 3rd-strongest stretch since 2008.
During this streak, the ACWI index has rallied +28.6% and is trading near its all-time high.
By comparison, the average annual gain over the last 37 years has been +8.8%.
Global risk appetite is exceptiona

$BTC is now only 19% above its electric cost.
#Bitcoin has dropped below this level only twice in the past 5 years: April 2024 and March 2020.
#BitcoinPriceWatch