According to @CryptoMichNL, Bitcoin saw another sweep of the recent lows to capture liquidity, indicating stop-run dynamics in BTC price action, source: @CryptoMichNL on X, Nov 19, 2025. According to @CryptoMichNL, equities are holding up nicely, underscoring a divergence between BTC weakness and stock market resilience, source: @CryptoMichNL on X, Nov 19, 2025. According to @CryptoMichNL, the downside in BTC looks overstretched and he questions whether the recent cascade could unwind around 10/10, source: @CryptoMichNL on X, Nov 19, 2025.

According to @QCPgroup, the dollar strengthened, Treasury yields moved higher, gold came under pressure, and equities stayed resilient despite this macro shift (source: @QCPgroup). For crypto traders, this update signals a changing macro backdrop to incorporate into BTC and ETH positioning and risk management, with equity resilience tempering the tighter-rate backdrop identified by @QCPgroup (source: @QCPgroup).