Analysis: A rebound is imminent only when there is no further room for a drop. Yesterday saw a realized loss of $860 million, surpassing previous records.
BlockBeats News, November 18th. On-chain analyst Murphy stated that on November 17th, the second wave of panic selling triggered an exodus, with the Entity-Adjusted Realized Loss (EARL) reaching $860 million, exceeding the $820 million scale seen on November 14th. The market's panic sentiment continues to spread and shows no signs of abating.
The current time period once again coincides with the timing of the past four-year bull-bear cycle theory, which many investors and even institutions still recognize. Only when EARL gradually decreases or overall diminishes during a price decline can it be considered that panic selling is about to be exhausted. Hitting rock bottom is the sign that a rebound is about to begin.
You may also like
Morning Report | Samsung announces a 265.5 trillion won investment plan, focusing on semiconductor and AI computing power data centers; Vitalik publishes an article detailing the entire technology tree behind the confusion protocol (iO) mainline
What you bought on CEX is really not US stocks: Analyzing the 94% liquidation monopoly and the evaporation of equity under a five-layer pipeline
In such a crowded cross-border payment arena, where is the next stop for the future?
Why Is Bitcoin Down in 2026? What We Can Learn From 2022
The large models in the United States are moving towards closure in the name of security
From the white-haired stock god to the billionaire fund mogul, the smart people shorting Nvidia are all getting rich using the same framework
Morning Report | CoinEx becomes a key hub for Iran to evade sanctions, involving over $3.8 billion in funds; Kalshi seeks a new round of financing, with a valuation potentially rising to $40 billion
Global Launch: As predictions become the most scarce asset in the AI era, Manadia is defining the next generation of the value internet
Why do cryptocurrency projects always like to change their names?
Who is footing the bill for the $64 billion accounting frenzy?
I never expected that the first application of AI x Crypto would be in security auditing
What is your view on Binance's competitive advantages?
ETH has entered a non-consensus phase, and the turning point is approaching!
The shift in the cloud of the air: from despising stablecoins a year ago to the high-profile entry of capital today
The survival dilemma of small and medium exchanges behind the withdrawal anomalies exposed by AscendEX
Why Is Bitcoin Falling Below $60K? 5 Key Market Drivers Explained
Bitcoin has dropped sharply amid ETF outflows, Strategy stock weakness, AI stock rallies, and changing Fed expectations. Explore the key forces driving BTC’s latest correction and what traders should watch next.
