According to @KobeissiLetter, crypto market cap has erased over 1 trillion since October 6, source: @KobeissiLetter on X dated Nov 4, 2025. The driver is technical rather than fundamental, with adoption at record highs, deregulation progressing, and technology improving, source: @KobeissiLetter on X dated Nov 4, 2025. Record leverage is amplifying moves, highlighted by roughly 20 billion in liquidations on October 10, source: @KobeissiLetter on X dated Nov 4, 2025. Around 300,000 traders are being liquidated per day on average, underscoring extreme market reactivity to headlines, source: @KobeissiLetter on X dated Nov 4, 2025. Near term, larger swings both up and down are expected while the long-term thesis remains strong, shaping trading conditions for BTC and ETH, source: @KobeissiLetter on X dated Nov 4, 2025.

According to @CryptoKing4Ever, BNB rebounded strongly after a heavy correction and he states the trend is turning bullish again, signaling a potential shift in momentum for traders seeking directional bias, source: @CryptoKing4Ever on X, Oct 12, 2025. He adds that many high‑leverage traders were wiped out while patient traders remain positioned, implying a wait-and-see approach aligned with his bullish view, source: @CryptoKing4Ever on X, Oct 12, 2025.

According to @doctortraderr, traders have increased their long positions on ETH with the specific target of pushing the price above the $3,000 resistance level (Source: Twitter/@doctortraderr, June 6, 2025). This surge in leveraged long interest could trigger heightened volatility and potential liquidations, making the $3,000 mark a key level for short-term trading strategies. Market participants should closely monitor on-chain and derivatives data for confirmation of sustained bullish momentum and prepare for possible rapid price swings.