Transcription
And good morning everyone and welcome to Vison Crypton this Tuesday, November 4, 2025. And yes, I told you yesterday, when Jim Cramer declares something, you should generally expect the opposite. And yes, yesterday we saw that Jim Cramer had declared that we had to wait until Monday for a rebound in the financial markets. Well, naturally, the exact opposite happened, and we took a relatively hard hit again. We can see the map is still really red, and the altcoins got massacred again. BTC went to seek new lows, we can see it right away here with this large wick. So, you know, I had a trade here, I was playing the rebound in the RLZ. Of course, I got stopped out, so I can delete it. The RLZ didn't hold here. We made a stop, but it didn't hold, and we went to seek a little lower. And you see, in the end, what did we do? We went to this large white trendline, which has been acting as support for a long time. Look here. Support, support, support. If I go back a bit, hop, I'll put myself in 4h maybe, we'll see it too. There, support, support as well. Support, support. So, we are really following this large trend line, and we see that well, for the moment, it has still acted as support. If I switch to daily, hop, here, we will still see that it's not all negative. And why? Because well, you see that here, despite having made this large red wick, we did not close below these previous lows. And so that's rather positive. We closed above. So, it's not necessarily ultra bullish, but it's already a rather positive sign. I also told you a few days ago, quite some time ago, I had indicated this purple line. You can see, it's been there for a while. It was to tell you that we could come back to visit this purple line. And why? Because you know, when we are in daily, we generally fill 50% of the wicks that we leave like that. And well, the purple line was 50%. So, we have filled a good part of it, maybe 40%. So that means that it's perhaps considered filled by the market, but well, the 50% are generally filled. Here, we have filled a good part of it, probably 40%. So why not now, I hope, start again. We'll see. We have almost eaten all the liquidity that we had to the south. Look here, I can show you. There was still this small liquidity pocket that I had indicated to you. But I thought we would immediately go to seek liquidity to the north. Here, clearly, I was wrong. I thought we would rebound, leave the liquidity to the south and go north immediately. Well no, we did go to seek it. We still have some liquidity, you see here, up to 102,000. And moreover, we are creating liquidity again. Are we going to take one last pump to go seek the 103,000, 102,000 precisely to take 100% of the liquidity? Well, we can of course, once again, I keep saying it, but because it's a reality and it's factual. Look, you just have to look at the map here. Liquidity is to the north. Here, we are truly, truly blocked at this level, just above the previous highs. So, there is a real, real, and strong interest in seeking liquidity to the north now. Here, there is almost peanuts, so for me, I am still ultra bullish. Here, we calmed everyone down on Monday. We put everyone in a bad state. Let's look at the market sentiment here, the crypto fear and greed index at 27. So, we took a big hit. We were at 36 and now we've dropped to 25. I told you anyway that we risked going relatively low, especially if we took a pump, and that it was actually not so bad because at least everyone is in a bad state, no one believes it will go up again. I see a lot, a lot of very negative comments and messages and people who no longer believe in the bull run at all. So well, that, you know, that makes me bullish. The more people think we can't go up, the more likely it is for me to go up. So, of course, in terms of liquidations, it's the longs that got ripped out again. We had over a billion in liquidations yesterday, at the time I looked when we really fell, we had over a billion in liquidations just on longs and then 134 million on shorts, which is nothing, of course, compared to longs. So in total over 1.07 billion in liquidations, but the majority, once again, it's the longs that really got blown up. The only point that annoys me a little is this one here at the funding rate level. I would like to have negative funding rates. Why? Because that would mean that people are stopping to long because here they continue to long a little. Which, by the way, means that it quickly recreates liquidity to the south. The liquidity that we saw, which was up to 102,000, well, it's because there are still a lot of long positions opening. So, well, the funding rates are not going negative. So the market has an interest in recovering the longs every time, well, the liquidity to the south to trap the longs every time. And so well, that's why I would like to see a change here, that is to say, really negative funding rates. That would show that it's done, there is a real capitulation of longs, that the market sentiment is 100% bearish, and that we can finally trap the shorts and go strongly upwards. For the moment, it's not yet the case, even though the funding rates, it should be noted, are relatively low. Be careful, it should still be noted. I'm not saying we have ultra high funding rates, but I'm just saying I'd like to see negative funding rates. So, what caused us to get massacred on our altcoins too? Well, it's BTC's dominance. Look how strongly it pumped. So yesterday I told you we had already passed 60. We were at 60.14 around there, and so we continued to push very hard while the market and BTC continued to dump. So if BTC takes back dominance while the market dumps and BTC dumps, well, that means that it's the altcoins that are getting ripped out much more than BTC. Liquidity is going into BTC and not into altcoins or Ethereum. So, well, naturally, the rest of the market is getting ripped out even more than BTC. We can see it anyway. Look here on Total 3, we continued to fall very hard. We went to recover all the previous lows. So, well, naturally, it hurts extremely badly and it's not very pleasant for our altcoins. Once again, I remain totally bullish. I think that this was a Monday and possibly, as I said yesterday, Monday, Tuesday, Wednesday in the red just to really put everyone in a bad state, and then we could finally start to see green at the end of the week in the green, and then well, the rest of the month in the green. In any case, that's what I hope for. Moreover, yesterday, we had some figures, the manufacturing PMI here at 52.5, so, which is even better than forecast. So we should have had good reactions. Even though we had the manufacturing PMI index which was negative here. The two pieces of news should have balanced each other out, and we shouldn't have fallen so much because yes, we fell on cryptocurrencies, but it wasn't just on cryptocurrencies. If we look, for example, at the Nasdaq here, well, look, we had a very bad day too. We, we dumped very strongly. So, it's traditional finance that also caused the cryptocurrency world to fall. And I remind you, by the way, here, I'm on the Nasdaq, but we have a CME gap to fill. So it's possible that today and tomorrow, we continue to go to fill this CME gap. We continue to dump very strongly. Of course, it's just speculation again, but there is this CME gap, and gaps are generally filled. So, well, we could have a continuation of the bearish trend to fill this CME gap. If we continue to dump strongly on, for example, the Nasdaq or the S&P 500, well, there are strong probabilities that on BTC, we will continue to seek a little lower, and so possibly we will seek, well, 102,000 to 103,000 if we continue to fall here. Again, if that's the case, we'll have to hold on. It won't be pleasant at all, of course, because we'll take another big hit. So why am I telling you all this? Well, to prepare you for this scenario, and so that you can absorb this news as easily as possible if it happens. Now, regarding ETFs, well, on BTC, for the moment, I have nothing at all. Zero, neither inflow nor outflow. However, on Ethereum, we have had outflows. I'm missing BlackRock's figure here, but for the moment, we are already out by 54 million. We'll see tomorrow if we've had inflows or outflows from BlackRock. But well, since there have been almost only outflows, I think BlackRock must have also had outflows. Let's continue. Regarding the news, we have President Trump stating that China is investing heavily in Bitcoin and cryptocurrencies. That's rather a good thing because well, there's quite a bit of money on China's side. So if they are invested in this ecosystem, well, it could potentially serve our interests. We move quickly with Strategy, who, whether it dumps or pumps, doesn't care, he buys. We saw it yesterday, he referred to his purchase tracker, and well, he made an additional purchase of 397 bitcoins. So they continue to accumulate on Strategy's side. We continue with Bitmain, who, likewise, accumulates, accumulates, accumulates Ethereum. We see that last week they accumulated quite a bit, 82,353 Ethereum in their treasury. So that's absolutely enormous, of course, and they now hold 3,395,422 Ethereum worth over 12 billion dollars. So that's absolutely enormous in Ethereum, and they continue to accumulate, again and again. And the question of the day, well, I know you're not necessarily in the right mindset right now. Well, naturally, we just took a hit at the beginning of November. But what do you think November will be like? Will it be positive or negative? I see November, as you know, as positive, in the green. Now it's up to you to tell me in the comments if you see it in the green or in the red. Try to put aside what just happened a little. Try to tell me what you truly think. Well, team, I know it's complicated, it's very, very complicated. We have Dash, well, on the other hand, it exploded, it really exploded. In the space of 2 months, it has gained over 400%. I've seen absolutely enormous. And by the way, that's something you need to keep in mind. How much yes, you can take a hard hit at one moment, but how much you can also pump very strongly in the space of 1 month, as I just told you, nearly 400%, more than x10 on a single cryptocurrency. So yes, it's totally possible. For the moment, we are mostly in the red, we are suffering, but it can turn around very quickly, and you need to keep that in mind. Alright team, for support, don't hesitate to click the subscribe button if you haven't already. I'll leave you with that. Stay strong. I'll see you tomorrow in the daily, and above all, above all, stay curious. Ciao!