According to @cas_abbe, most market participants plan to sell altcoins at breakeven rather than hold for an altseason, signaling potential overhead supply on rallies (source: @cas_abbe on X, Nov 9, 2025). This suggests likely sell pressure near prior cost-basis clusters and local breakout retests across alt pairs versus BTC and USD, which can cap upside momentum short term (source: @cas_abbe on X, Nov 9, 2025). Traders may favor fading first tests into breakeven supply, waiting for confirmation via higher highs, improving breadth, and rising volume before sizing into altcoin momentum setups (source: @cas_abbe on X, Nov 9, 2025).

According to @52kskew, the BTC market is top-side heavy with persistent supply and offloading into price, signaling overhead resistance on rallies (source: @52kskew). There has been a large positioning decay heading into the FOMC, indicating notable deleveraging in Bitcoin exposure (source: @52kskew). Short positioning is starting to pick up as the consensus trade into the FOMC, highlighting a build-up of shorts ahead of the event (source: @52kskew).

According to @52kskew, BTC is in a crucial consolidation into the daily close and open, with meaningful supply sitting above spot that will test buyers' momentum (source: @52kskew on X). According to @52kskew, traders should monitor the daily close for confirmation of either a breakout through the overhead supply zone or a rejection that would signal weakening buyer strength and near-term resistance control (source: @52kskew on X).