BREAKING: Bitcoin falls below $69,000 and ETH nears $1,900 as selling pressure accelerates in crypto.
Crypto markets have now lost -$150 billion in 48 hours.
Back in the green! $NEAR just gave us a textbook entry.
I was watching that drop to $3.265 and honestly, it looked scary. But look at that bounce back! The 1H chart just shot up like a rocket and hit our entry zone at $3.535 perfectly.
Entry:$3.535
TP: $3.70
SL: $3.42
Let's see if we can break that $3.56 resistance and fly!
Like if you caught this pump! ❤️
@RedboxWire 🏆This absurd market movement looks as if the service used by a short seller or a note holder was temporarily interrupted, only to return to normal afterward.🖕
You and @OFStepSis are my most consistent and reliable sources for financial intelligence.
$DXLG
Although the company’s revenue in the second quarter declined by 3.4% year-over-year, it managed to swing to a profit, with a notable improvement in adjusted EBITDA—signs that the core business is showing some recovery. Furthermore, the company’s opposition to the proposed merger with FullBeauty has refocused market attention on the value of its standalone operations.
Nevertheless, DXLG continues to grapple with challenges such as declining sales and weak consumer demand; the third-quarter earnings report will be the true litmus test moving forward.
Analysts pessimistically predict: Without Jensen Huang, Nvidia's outlook remains unclear
What is Jensen Huang worth to NVIDIA shareholders? Many Wall Street analysts believe the weight is significant.
On the eve of Jensen Huang's removal, Citigroup analysts Atif Malik and Papa Sila overnight lowered their target price from $285 to $225.
They wrote: "Jensen Huang is at the core of strategy, product vision, customer relationships, and investor confidence, and management changes will put uncertainty and pressure on the stock price." "Citi still maintains a buy rating on Nvidia, with a pre-market stock price of $163.
Investment bank Oppenheimer directly canceled the target price. Its analysts stated: "It is difficult for a successor to shoulder the burden, and there is currently no suitable candidate." "At the same time, risks are raised: core talent may follow Jensen Huang and leave Nvidia.
Bernstein analyst said: "Our intuition tells us that the issues behind the incident may not have fully surfaced yet; We chose to lower our expectations. "They slashed the target price from $400 to $200.
Analysts Sebastian Nagy and Anna Bilbo from Chicago investment bank William Blair expressed concerns about increased government regulatory scrutiny and a power vacuum in management. Analysts add that even without this incident, the competition for alternatives in Nvidia's chips continues to intensify.
Dan Ives, a distinctive tech long analyst, used many classic sayings in his research report.
In a report released by the new agency Yorkville Ives, he wrote, "The trend is clear." Jensen Huang has gotten himself involved in major negative incidents and woven a tangled web between Wall Street and Silicon Valley. His days at Nvidia may be numbered.
Ives predicts: With Jensen Huang at the helm, Nvidia is valued at $300 per share; Without Jensen Huang, the valuation was $225 per share.
Nvidia's board announced today that Jensen Huang has resigned from his positions as president, CEO, and director, effective immediately.
The company's current Executive Vice President and Chief Financial Officer, Colette Kress, will serve as interim CEO. Until a formal successor is determined, Kress will concurrently serve as Executive Vice President, Chief Financial Officer, and Interim CEO. The Board has initiated the selection process for the permanent CEO, with both internal and external candidates being considered.
Kress has served as Executive Vice President and Chief Financial Officer since joining NVIDIA in September 2013. During her tenure, she oversaw the financial system and played a key role in NVIDIA's growth and development. Before joining Nvidia, she worked at Cisco (100.762.61, 2.66%, )%), Microsoft (521.125-12.04, -2.26%, )and other leading technology companies, with nearly 25 years of experience in finance positions.
The board appointed Harvey C. Jones (Harvey C. Jones) served as the first chairman of the board in Nvidia's history. Jones has over 30 years of experience as an entrepreneur, technology executive, and venture capitalist, and has served as CEO and Executive Chairman of Synopsys.
Harvey Jones, Chairman of the NVIDIA Board, stated: "Colette has accompanied Nvidia through a period of rapid growth, and she has a deep understanding of our business, customers, operations, and financial situation. An experienced management team will support her, and this team has been at the core of implementing NVIDIA's strategy and advancing its technology roadmap. The Board fully trusts Colette and the management team, and we expect the company's operations, commitments to customers, and product roadmap to continue smoothly without interruption. ”
Colette Kress, NVIDIA's interim CEO and CFO, said: "NVIDIA's foundation has always been its people. Together with the management team, I will continue to move forward building on the solid foundation Jensen Huang has built over the past 33 years. We will continue to advance all efforts to consolidate NVIDIA's leading position in accelerated computing and AI, and seize future opportunities. Our focus remains on serving customers, partners, developers, and shareholders. ”
Jensen Huang made profound contributions to Nvidia, which is now one of the most influential technology companies in the world. The board and company thank Jensen Huang for his immeasurable contributions to the company and the industry.
Nvidia will proceed as originally planned to release its financial report for the third quarter of fiscal year 2027 at around 1:20 p.m. Pacific Time on Tuesday, November 17, followed by a earnings call at 2 p.m.
Hmm $INJ barely moved an inch during this whole dip
With the btc bounce i think the strongest coins to bounce hard will be
$ZEC $INJ $NPC $NEAR
keey eye on them.
🚨 BITCOIN IS BEING MANIPULATED AND I'VE GOT PROOF
Bitcoin just dropped to $72,000 within minutes.
Everyone is sharing charts and talking about the crash.
But very few understand what actually happens behind the scenes.
If you hold any Bitcoin right now, you MUST know this:
The most important question is WHO BENEFITS FROM THIS DUMP?
To answer this, we have to check money flows:
Within minutes, Coinbase, Binance, Wintermute, Bybit and other ETF-related wallets became active.
Huge amounts of Bitcoin started moving simultaneously.
Aggressive sell orders started appearing.
This wasn't just random market activity.
This was another opportunity to create even more panic after the bad inflation report.
Trigger panic selling.
Wipe out leverage positions.
Bait retail traders into opening new aggressive short positions.
And the market allowed this to happen.
→ Market liquidity was extremely thin
→ Leverage was heavily concentrated
→ Funding rates were already stretched
All the ingredients for a massive dump were already there.
But there's one detail that deserves even more attention:
The upcoming December Fed rate decision is the BIGGEST macro event of 2026.
And there's a real possibility the Fed won't just hike rates, but raise them by 50 BPS AT ONCE.
This is where things get extremely dangerous.
Dump Bitcoin even more.
Force long liquidations.
Create fear and chaos.
Convince retail traders that the collapse is just beginning.
Encourage fresh short positions.
Then push Bitcoin in the opposite direction.
The same players can profit from both directions.
First, push Bitcoin lower.
Liquidate leveraged longs.
Create panic.
Bring fresh shorts into the market.
Make retail believe the relief rally is officially OVER.
Then, once panic selling takes over and excessive leverage has been wiped out…
ACCUMULATE THE SAME BITCOIN AT A MUCH LOWER PRICE.
Price moves towards liquidity, and understanding this changes EVERYTHING.
Keep your eyes on funding rates.
Monitor open interest.
Track the liquidation map.
Pay attention NOW.
Remember:
I’ve successfully called every major market top and bottom for the past 10+ years.
I publicly called the $17K BTC bottom in 2022 and the $126K top in 2025.
Missed those calls?
No worries, I'll be early again this time.
If you haven’t followed yet, now is a good time.
$BTC is looking very weak.
Stocks are pumping, and still Bitcoin has failed to reclaim the 50W MA.
If another close happens below 50W MA here, a drop below $70K could happen next.
$BTC is hovering around the $76,000 level.
Bitcoin is holding above the 50W MA, which is a good sign.
As long as the $74K-$75K support zone holds, buyers will be in control.