Post #8475

⭕️Bottom or just a pause before the next storm? The market just went through two brutal weeks. A massive Balancer hack, the longest US government shutdown in history, full uncertainty everywhere. Pressure hit every coin across the board. 🐋 Big wallets started locking in profits while Bitcoin was still holding above 100k. The drop below that level didn’t last long, and BTC managed to defend its 50-week average. Now there’s a bit of optimism, but no one knows if it’s a real recovery or just a breather. ➡️ Two weeks ago everyone celebrated ATH and talked about Uptober and Moonvember ➡️ On October 10, the market got hit by one of the largest liquidation waves ever ➡️ November started with the worst sentiment since FTX collapsed 🗣️ Behind the scenes, there’s more than just macro chaos. Rumors about Wintermute’s possible bankruptcy keep spreading. They’re said to be preparing legal action against Binance while dumping parts of their portfolio. Mid-sized funds got dragged down too, selling everything to survive. That’s why alts are bleeding harder than usual. 📈 Bitcoin just tested strong support. Ethereum is still lost, while Solana took the spotlight. October 10 showed which network stayed reliable under pressure and it wasn’t ETH. For now the market is holding up, and short-term optimism is back. Add Trump’s talk about stimulus checks, the end of the shutdown, and a temporary pause in trade wars, and the picture doesn’t look hopeless. Whether this is a bottom or just calm before another hit - we’ll find out soon. 🐴Join the White Horse