Note to subscribers: This is a bonus brief covering today’s breaking economic data releases after the 43-day government shutdown. Our regular Wednesday market brief will publish tomorrow as scheduled.
Data Verified: 17:
Fear Hit 10. Zero Cycle Top Indicators Triggered. What Now?
Data Verified: Nov 24, 2025 | Price: CoinGecko | Fear & Greed: Alternative.me | ETF Flows: Farside Investors | Cycle Indicators: CoinGlass | Derivatives: CoinGlass
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Crypto Twitter spent the weekend obsessing over a fabricated JP Morgan short position and a 40% MSTR crash. The actual story is different: Strategy has raised $21B YTD 2025 through seven different securities
Your portfolio is down 40%. Bitcoin crashed from $126,000 to $85,800 in six weeks. Here’s the institutional framework for reading whether this is deleveraging or the start of something worse.
Bitcoin crashed to $82K overnight, triggering $991M in liquidations, the largest flush since May 2021. Wednesday's $903M ETF outflow set a new record. Yet 0/30 cycle top indicators are triggered. Do ETFs just compress corrections, or do they fundamentally change cycle structure?
