TRX at $0.34 as Canary Staked TRX ETF launches on E*TRADE, boosting institutional access amid neutral RSI and MACD golden cross on 4h chart.

Bitcoin tests $64.6K with $85M BTC exposure on Hyperliquid at risk of liquidation above $64.61K as 4h chart shows bearish MACD and neutral RSI.

According to @Andre_Dragosch on X on Nov 25, 2025, global crypto hedge funds significantly reduced BTC exposure up to around August 2025 and have been gradually increasing exposure since then. According to @Andre_Dragosch on X on Nov 25, 2025, he characterizes this sequence as a distribution phase followed by renewed accumulation, describing it as Bitcoin’s “IPO moment.”