On November 12, the crypto market's fear and greed index reached 80 points, indicating an "extreme degree of greed."

The index last reached 80 points on April 9, 2024, shortly before bitcoin($BTC
adjusted by 18% over the next three weeks. Then, in early April, the flagship cryptocurrency fell from above $69,135 to $56,500 on May 1.

Despite the potential signal of a correction, most analysts are optimistic about the future of bitcoin. After the flagship cryptocurrency approached the $90,000 mark, experts expect further growth of the asset to $100,000 this year. This is also believed by users of the #Polymarket DeFi forecasting platform, who estimate this probability at 62%.

At the same time, the current leverage ratio on crypto exchanges has already reached 0.217, which was a record high since October 2023, according to CryptoQuant data.

The increased financing rates and bullish bias in options indicate that both retail and institutional investors are seeking additional profits, and many of them are using their positions with leverage," said Shunet Jan, head of derivatives at Bybit exchange.
#MidNovemberMarket

November’s first half has seen explosive growth across the crypto market, with BTC, ETH, and a range of altcoins reaching new highs. This surge has brought fresh optimism, but as we look toward the rest of the month, the big question is: will the bullish momentum continue, or are we due for a cooldown?
Key Drivers of the Crypto Surge
Institutional Inflows and ETF Hopes: Recent capital inflows into spot Bitcoin ETFs and institutional interest in crypto have boosted investor confidence. Major financial players are entering the market, adding credibility and liquidity, especially around BTC and leading altcoins.
Macro Trends and Inflation Concerns: Persistent inflation concerns and economic uncertainty have driven some investors to consider crypto as an alternative asset class, potentially increasing demand as people seek hedges outside traditional assets.
Pro-Crypto Political Sentiment: Pro-crypto policy shifts and recent election outcomes hinting at more favorable regulation are fueling optimism. Traders are speculating that the regulatory landscape may become more accommodating, which could sustain upward momentum.
What to Watch for the Remainder of November
Resistance Levels: Bitcoin faces key resistance around $82,000, while Ethereum eyes $3,600. If these levels are broken, the momentum could accelerate, pulling altcoins into the rally as well.Inflation Data and CPI Reports: As new inflation data rolls in, any signs of persistent inflation could impact the Fed’s rate outlook, potentially influencing crypto sentiment.Profit-Taking Pressure: Mid-month typically sees some profit-taking as traders secure gains. A wave of sell-offs could lead to short-term dips, especially among smaller altcoins that often follow BTC’s lead.
Bullish Wave or Cool-Off?
Given the strong market fundamentals, the sentiment leans bullish, but expect possible short-term corrections along the way. BTC and ETH may face resistance before breaking higher, with bullish sentiment likely depending on institutional support and macroeconomic cues.
Your Thoughts?
Are you betting on a sustained rally, or do you see a cool-off coming soon? Drop your predictions and strategy for the rest of November below!

#MidNovemberMarket

Major Sets Official Listing Date: Mark Your Calendars for November 28
Big news for crypto enthusiasts! Major has officially set its highly anticipated listing date for November 28. This launch of $MAJOR is anticipated to be one of the standout events of the year, following major debuts like Dogs and NotCoin. With the date now confirmed, supporters and early backers are urged to ramp up their efforts to collect Major points, which will be key to securing a larger share of $MAJOR tokens upon distribution.
What You Need to Know About Major’s Upcoming Launch
Although detailed information about Major’s tokenomics is still under wraps, the announcement of the listing date marks a significant milestone for the project. As momentum builds, the crypto community eagerly awaits details on token allocation, total supply, and pricing strategy.
For those already participating in Major’s ecosystem, staying active and boosting point-earning activities is essential. By accumulating more points, supporters can position themselves for larger rewards when token distribution rolls out.
Why This Listing is a Game-Changer
The launch of $MAJOR is expected to make waves across the crypto industry, with many predicting it will create exciting new opportunities for both community members and investors. Major’s approach to rewarding early adopters and encouraging engagement aims to establish a strong community foundation and position the project as a significant force in the market.
Final Thoughts
As the November 28 listing date nears, excitement continues to build around the final details of Major’s launch and tokenomics. With the potential for substantial rewards, users who stay engaged and actively accumulate points are well-positioned to benefit from the upcoming distribution.
Keep an eye out for more updates on $MAJOR, and make sure you’re maximizing your points to secure your stake in what promises to be one of the most anticipated crypto launches of the year.
$BTC
#MidNovemberMarket #TrumpNominatesMuskDOGE #CPIUpdateOctober

The $BONK community is buzzing with excitement after the announcement of a bold new proposal to burn a staggering **84 BILLION BONK tokens** from the DAO treasury! 🔥💥

This major move has already ignited the market, sending $BONK's price skyrocketing by **25.08%** in just **24 hours** – jumping from **$0.000021 to $0.000027**! 🚀

**What does this mean?**
- Less supply = Higher demand! 💎🔥
- A wave of optimism is sweeping across the community as token burn sparks a surge in buying momentum.
- Market sentiment is at an all-time high, with traders and investors all eyes on this game-changing proposal.

🔥 Will this burn catapult $BONK into the stratosphere? Time will tell, but one thing’s for sure: the future of $BONK is heating up! 🔥🔥

#TrumpNominatesMuskDOGE #CPIUpdateOctober #MidNovemberMarket

Coinbase has officially announced that Pepe Coin (PEPE), a well-known meme cryptocurrency, will be listed on its platform starting today, according to Chief Legal Officer Paul Grewal.
He teased the announcement on X, saying, “You’ve been waiting for the frog, and now it’s here.”
Interestingly, the announcement came just after Robinhood, another prominent U.S. trading platform, revealed its own plans to list PE
Although PEPE supporters have been calling for its addition to Coinbase for over 18 months, Coinbase’s move follows closely on the heels of Robinhood’s decision.
The double announcement has already impacted PEPE’s value significantly. Within just an hour, the token surged by 47.8%, reflecting heightened excitement around these listings.

#USInflationAboveTarget #CPIUpdateOctober #MidNovemberMarket #cryptomarketcapATH #Devcon2024