According to @charliebilello, Bitcoin is now down 4% year-to-date in 2025 after being up over 35% in early October, with a current drawdown of 29% from the recent high, source: @charliebilello on X, Nov 18, 2025. According to @charliebilello, this shift represents roughly a 39 percentage-point swing from early October to mid-November, underscoring a sharp momentum reversal that is directly relevant for BTC risk management and positioning, source: @charliebilello on X, Nov 18, 2025.

According to @Ashcryptoreal, the recent leverage wipeout and capitulation among panic sellers set up a potential Q4 liquidity rotation into Bitcoin (BTC) and altcoins, despite deep drawdowns across spot alts; the author reports personal spot alt positions down about 70% yet remains positioned for a rebound based on prior cycle behavior. Source: @Ashcryptoreal on X, Oct 31, 2025. According to @Ashcryptoreal, seven drivers behind the bullish thesis are leverage wiped out, panic sellers shaken out, a US-China trade deal, a recent Fed rate cut with one more expected in December, QT ending with QE starting in December, US stocks near all-time highs, and gold topping, all pointing to liquidity favoring risk assets like crypto. Source: @Ashcryptoreal on X, Oct 31, 2025. According to @Ashcryptoreal, historical patterns from the 2017 and 2021 altseasons show aggressive shakeouts before sharp rallies, and market tops typically form in extreme greed rather than the current extreme fear, supporting a constructive risk-reward for BTC and altcoins in the near term. Source: @Ashcryptoreal on X, Oct 31, 2025. According to @Ashcryptoreal, the author plans to hold current positions through the end of December 2025 and remains strongly bullish on Q4, framing the setup as a data-driven bet on a risk-on turn. Source: @Ashcryptoreal on X, Oct 31, 2025.

According to @MilkRoadDaily, altseason remains unlikely until BTC dominance peaks and ETH holds above 5,000 dollars, as discussed with @intocryptoverse (Benjamin Cowen) in their Oct 14, 2025 episode, which sets concrete thresholds for rotation timing and risk positioning. Source: @MilkRoadDaily on X, Oct 14, 2025. According to @MilkRoadDaily, the show outlines a Q4 outlook where traders should track BTC dominance for topping behavior and watch whether ETH can reclaim and sustain the 5,000-dollar level before rotating to higher-beta alts. Source: @MilkRoadDaily on X, Oct 14, 2025. According to @MilkRoadDaily, the episode also recaps the recent flash crash, details Cowen’s top Q4 watch signals, and covers survival tactics for the next bear market, reinforcing a BTC-first allocation stance until the above triggers confirm. Source: @MilkRoadDaily on X, Oct 14, 2025. According to @MilkRoadDaily, additional segments include discussions on Nexo, Figure Markets, and a Satoshi valuation framework, offering traders discrete areas to monitor alongside BTC.D and ETH’s 5,000-dollar threshold. Source: @MilkRoadDaily on X, Oct 14, 2025.