10x Weekly Crypto Kickoff – Elevated Bitcoin Crash Risk?
The Week Ahead in Crypto Markets
10x Weekly Crypto Kickoff – Elevated Bitcoin Crash Risk?
The report covers derivatives positioning, volatility trends, and funding dynamics across Bitcoin and Ethereum, along with sentiment, technical signals, ETF and stablecoin flows, option activity, expected trading ranges for the next 1–2 weeks, and key upcoming market catalysts.
Why this report matters
We have maintained a bearish stance in our recent reports, and the market is now reacting to the very risks we highlighted. In the November 3 Kickoff report (“This week may set Bitcoin’s course into year-end”), we warned that sentiment was deteriorating, BTC ETF inflows had stalled, and both BTC and ETH futures were showing early signs of de-risking amid thin liquidity, conditions that leave markets highly exposed to downside pressure.
In the November 10 Kick off report (“Catalysts vs. Capital Outflows”), we noted that while the $100,000 level might offer initial support, a breakdown in the coming weeks remained increasingly plausible, with the deeper concern being liquidity: sentiment alone cannot counteract capital exiting the ecosystem. ETF flows continued to show persistent outflows, and without a decisive reversal, any bounce was likely to be short-lived.
See our ‘10x Research Kick Off Video’ with many charts
Main data points
Crypto Market cap has declined by $ 1 trillion: The Crypto market cap stands at $3.17 trillion, 10.2% smaller than the week before, with an average weekly volume of $176 billion, 6% lower than the average. Weekly Bitcoin volume reached $76.5 billion, 8% higher than the average, while Ethereum volume stood at $36.4 billion, 14% lower than the average. Ethereum network fees (0.1 Gwei) are in the 6th percentile range, which indicates low network usage.