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Bitcoin And Sentiment After November’s Shock Bitc
Bitcoin And Sentiment After November’s Shock
Bitcoin continues to dictate the tone. Derivatives screens show a reduction in leverage across both long and short positions, while spot flows lean toward sellers who continue to trim exposure after several weeks of steady declines.
Price action carries the look of a market still searching for stability, not one ready for a quick reversal.
Ethereum, Solana, and Hyperliquid Track The Pullback
Major altcoins follow that direction. Ethereum is trading near $3,090 after falling by roughly 2.5% in 24 hours, with order book activity showing more supply than demand at current levels. Solana sits near $134 after a 5.5% drop, extending the cooling that began once traders reduced exposure to high beta assets.
Hyperliquid is trading around $31, down by about 8%, and activity on its perpetual pairs has slowed compared with the pace seen in early November. These moves together show how broad the retracement remains, even as volatility cools relative to last week.
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