Transcription
And hello everyone and welcome to Vision Crypto on this Saturday, October 11, 2025, with an extremely red map, and it's not for nothing, as we have experienced the largest liquidation in the history of cryptocurrency. It hurt extremely, extremely badly, both on BTC and on Ethereum, but well, you know, they are the ones holding up best, so it's not where we took the biggest hit. On the other hand, on the altcoins, we went down very, very low, and we're going to check that right away. First, we find ourselves on our friend BTC. Look at the wick we made. And so you see, here was the long RLZ that I had indicated. It was completely, therefore, ignored in view of the liquidation. So I can delete it. On the other hand, look, there is something positive. So you know, I always try to see the positive in the market, and there are indeed positive things. So the first positive thing is that we have recovered all the liquidity to the south, there you go, you see, we had a lot, a lot of interest in going to look for liquidity to the south. And there, well, we went to look very low, as we went back down, you see here to the level of 100,000. So we came to recover all the liquidity, and even what we had left for a long time below. Look, we can go see that right away on the liquidation heatmap. Look at all this. Well, we have already recovered everything. We had a small hub here around 107,000 to 108,000. You know, we went to get them, of course. Here, I'm on 1 month, but if I switch to, for example, 3 months, we will see that well, the entire hub we had around 105,000, well, we also recovered it. So, we have recovered all the liquidity. Look here. Here, we had a lot of money, we knew it, between 103,000 and 108,000. Well, it has all been recovered. Look at all this, it has been recovered. Where was the next liquidity cluster? It was below 100,000. It was around 95,000, so even lower. So, we have done something very positive. And why do I say it's very positive? Because well yes, it hurts a lot, of course. Here, we really took a hit. But what is positive is the reaction we had. Look at this. We closed in daily, meaning one candle represents one day. Here, you see this big candle. Yes, we liquidated all of this, but what is very positive is that we closed above the previous lows, and that remains very positive. We had a very good reaction. So we took all the liquidity to the south. We had a good reaction within it, where you see, we swallowed half of the wick here. That is very positive. And in addition, we close above the previous lows. Very positive. Also, what did we do? We filled the CME gap. We don't see it here because the markets were closed, but we did, of course, fill the CME gaps that were around here, at 110,000 to 111,000. We largely filled them since we went down to 102,000. And now that we have recovered all the liquidity to the south, what do we have left? Well, we have to recover the liquidity that is to the north. And yes, because look now that we have taken all of this, well, it's not visible yet, but you see here, there you go, there's nothing left. There's no more liquidity. There's no more liquidity here, it's all been taken. So now, well, where is the liquidity? And well, look, it's to the north, and we are truly loaded with liquidity to the north as well. So that's very positive. Yes, it hurt a lot. So as I was saying, both on BTC and on Ethereum, because Ethereum is the same. Moreover, I had a trade here where, of course, I was stopped out because, given the fall, my stop loss was reached. So it's a complete loss. The long RLZ, well, ignored here as well. So it's the same, look. On Ethereum, we also went to get all the liquidity that was to the south. We can also see it here. Look at BTC, we had a lot of liquidity to recover to the south, but now we have almost nothing left. Almost nothing left. There's still a little bit here. Why? Because we quickly recreated short-term liquidity. But simply why? Because there are a lot of people who put in longs to try to play the wick retracement. So, well, consequently, a little liquidity has been created, but look, the market's interest is now to the north. There is much more liquidity to the north than to the south. So that doesn't mean we won't go a little lower to pick up precisely the last people who are longing like crazy. But the market should normally, I think, resume upwards. I'm not saying it will resume tomorrow, the day after, or next week, but possibly by the end of the year, you know, in November and December. On Ethereum, it's exactly the same principle. Look, on Ethereum, it's very striking, well, there's almost nothing left to the south. There's nothing, nothing, nothing left. So here, the interest is really to the north. We have a lot of liquidity to recover to the north on Ethereum. So, so the market's interest is really to resume upwards. It's the same, look on Ethereum, well, we closed above this old low. So that's also positive. Even if it's a little less positive and a little less striking than on BTC, it remains positive. So again, on BTC, if we go back, we could come back here just to capture the liquidity of people who are aggressively longing here. So just to make them lose and to put as many people in trouble as possible. And in addition, there was a little technique, I don't know if you know it, but I've already talked about it on the channel. Generally, daily wicks like this are refilled by at least 50%. And if we take, here, this wick and here, well, it's not 100% what I'm telling you, but it's very often, let's say, it's 90%, so very often it's refilled by at least 50%. And so, you see, if we have to refill it by 50%, then we come back here to the level of 107,500. So here, by the way, we'll do, here, we'll note it here: wick refill. There you go. So if we come back here, we will have refilled the wick by 50%. So it's possible that we come back here to, well, here, we come back to BTC here to recover. You see here, in addition, it fits well. Here, at the level of 107,500, well, we will have recovered maximum liquidity before potentially resuming. So, this is not necessarily something that will absolutely happen, but it is something that often happens. Now, we need to know what caused such a huge drop? Because we saw it on BTC and on Ethereum, but we need to look at the altcoins. We got hit very, very hard. They went down very, very low. Look at how far this wick went down. For example, I'm on Link here. We went from a price of $22.711 to a price of $8. The drop is monumental, monumental. I don't know if you realize. Here, we dropped -65% in a single wick. A single wick -65%. It's absolutely enormous. And here, we're not talking about a shitcoin, we're talking about Link. So it's still a large market cap, and what's more, it's not the only one. It wasn't the only one to make such a huge wick. Take any asset, any altcoin. Look here, I'm on Avax. We went from what? 28.70. We went to 8.51 -70%. It's enormous on large market caps. So here, we got hit very, very hard. It's exactly the same, really. Look here on Solana, we had a big wick too. On BNB, we had a big wick too. Look, on BNB again, we were at almost 1300, 1278. Here on BNB, so large, large market caps, and what's more, which is currently booming. BNB is making ATH after ATH, and well, it still went to seek $860, so -32% in a single wick, so it's absolutely colossal. Our altcoins got extremely, extremely hit. So what caused our ecosystem to react like this? And well, it's quite simply, it seems, President Trump, I'm putting it in French here, President Trump threatening a massive increase in tariffs on Chinese products entering the United States. And here, we're only talking about a threat, meaning there's nothing concrete. For now, it's just a threat. So for now, we reacted very, very strongly like this. And as usual, well, the market prices the news. So here, the market has corrected very strongly. But if tomorrow it is proven that indeed President Trump imposes a massive increase in tariffs, well, the market will not react, I think, almost at all. Why? Because it has already overreacted, and largely, very largely overreacted, when we see the drop we've had in our ecosystem in general. Look at Total 3 here, we were at ATH, at the highs, and look how much we dropped. We lost 500 billion in capitalization here, about 500 billion in capitalization. So, of course, it's absolutely enormous. Where have you ever seen such a huge wick? There are very, very few. This is truly, truly historic. So, consequently, it would only be due to this news. In short, I don't know, is it manipulation also on the part of Donald Trump? We do see that generally, everything was bought back very, very quickly too. So that means that whoever had an order very low, for example, below the previous lows, in no time, they made more than x2 because we retraced. Look here, we went very low. Yes, but look, we gained +122%. So that means that well, we made more than x2 on, for example, Link, and that's the case for almost all altcoins. So all the people who had very low orders. And for example, who is it? And well, it could be institutions, notably, who wanted to enter the market. And so, is all of this manipulation or not? Anyway, there's very little chance of knowing. The essential thing, what I'm telling you, is that we liquidated a lot, a lot of people, that the reactions we had are very positive since we made big wicks, we retraced at least half, and notably on Bitcoin here, we closed above the old lows as I told you earlier. So that remains very positive. We're not breaking the trend, meaning we remain in an uptrend. So that's very positive. Yes, it hurts a lot again, but still, we have to look at it positively. We are liquidating a lot before potentially resuming. I tell myself that now, well, since we have recovered all the liquidity to the south, we can go and recover, as I told you, a little bit of liquidity for the last people who are longing to death, who used too much leverage, we correct them, and then potentially resume and do our last bullish phase in November and December. So when I tell you it hurts extremely, look at the number of liquidations. I've never seen that, really, anyway, it's a record, 19.31 billion, it's colossal. So of course, longs, 16.81 billion, but we did have some shorts. See all the people who shorted very strongly, very aggressively, and since there was a rebound of nearly 50% on the wicks in general, well, of course, there are also short sellers. So for 2.50 billion in short liquidations too. So, well, of course, it's nothing compared. Longs were largely hit. So the total is 19.31 billion. I don't know if you realize how colossal that is. It's absolutely enormous, and it's especially a record. So, consequently, we can say, well, were there any other absolutely enormous outflows on the ETFs too? And well, no. Look, yesterday, 4.5 million outflows from the BTC ETF. So, well, clearly, that's not what created bearish pressure, and a little more on Ethereum. So yes, much more, but 174, almost 175 million. But that's not what caused such a huge liquidation either. So, in any case, it's not the ETFs that really played a role in this big drop. It's really the news, and there was a strong, big cascade of liquidations across the entire crypto ecosystem. Of course, in terms of crypto Fear and Greed, well, we went from 54 to 35. We immediately entered fear. Moreover, I think that here, if we continue on BTC to go back a little lower, we might stagnate here, go back a little lower to precisely liquidate as much as possible the longs, the people longing, where we saw there's still liquidity to recover here. So, we could grind a little downwards this weekend and liquidate the last people longing. And so, since we're not going to resume right away, the fact of continuing to go down will create even more fear. Who knows where we'll end up? Well, we might end up, potentially, at the end of the weekend. We'll see tomorrow. But at the end of the weekend, maybe we'll find ourselves here in extreme fear, in extreme fear, we'll see. It's a possibility. And again, you know, for me, it's excellent news. When people have no hope left and they are very, very scared, well, that's when we can really resume. Here, we must realize that there were people who were already in trouble with their altcoins before this big drop, and now, their portfolios have been very heavily impacted. So, tell yourself that well, there are a lot of people who will give up. There are other people who were trading, who lost all their liquidity, who lost large sums in trading. So, consequently, well, that makes a lot, a lot more people leave. So, as I was telling you, over 19 billion dollars have been liquidated on the crypto market in the last 24 hours. This is the largest crypto liquidation in a single day in history. So, really, it's historic. Anyway, we know, this bull run is not like the others. Well, we see it clearly. First, it's very long, it's very psychologically difficult, and moreover, we're breaking records. Well, again, is it a manipulative move by Donald Trump? He only needs to post a tweet to completely change the market. We did see yesterday that the NASDAQ had also fallen very sharply. It was the same for the S&P 500. There was already a big drop. Our crypto ecosystem had actually reacted rather well, and then, of course, crashed very sharply. We followed traditional finance, but more violently. And yes, you should know that our market caps are lower than traditional finance. So, so we take much bigger hits, whether it's on the downside or on the upside too, because we can make much more interesting percentages on the upside as well. So it goes both ways. That's all for this daily update, team. I hope your portfolios are doing okay. I hope you're keeping your spirits up, above all. It's really not the time to capitulate. As I told you, it's still rather positive. We have recovered all this liquidity. I told you that at one point or another, we would recover this liquidity, that I was very surprised to leave so much liquidity to the south. And well, frankly, it amazes me that we have recovered almost all, and even almost all, the liquidity to the south. Otherwise, we would have gone down to 95,000, but here we have recovered all the liquidity, and moreover, we closed the day positively. So, I find that really very, very bullish for the future. We no longer have this sword of Damocles hanging over us. We have recovered the liquidity. Now, the liquidity is to the north, as we saw on the heatmap. Now the liquidity is really to the north. Here, look closely here. Here, there's nothing left. Look here, there's nothing at all left. So the liquidity is really to the north now. And you see that up to beyond 1400, we can seek liquidity. So, for me, it's now very positive. We can go and seek all the liquidity to the north in November and December. Alright team, I'll leave you with this. I wish you an excellent weekend. Again, stay strong. We are definitely not capitulating now. And above all, above all, stay curious. Ciao!