The recent Bitcoin price crash below the $100,000 psychological level has fueled a new wave of bearish predictions, yet not everyone is convinced that a deeper decline is imminent. While many traders expect a correction to $92,000, one analyst has rejected the idea of a price breakdown, insisting that Bitcoin still has unfinished upside potential before any significant retracement Why The Bitcoin Price Won’t Decline To $92,000 Crypto analyst @YazanXBT has become one of the loudest voices negating the increasingly popular $92,000 crash target for Bitcoin. The analyst took to X social media on November 13 to inform the crypto community that, rather than a drop to $92,000, BTC is gearing up for a new all-time high of $145,000. Related Reading: Here’s When The Next Bitcoin Parabolic Phase To $297,092 Will Begin The analyst backed up his bullish projection by pointing to a similar moment during BTC’s previous bear market bottom. He stated that at the time, many people were certain that the Bitcoin price would fall to $12,000 or even $10,000. But instead, the cryptocurrency bottomed at $15,800 before staging one of its strongest price recoveries ever. Essentially, @YazanXBT’s message implies that mass bearish consensus is often a signal that the opposite outcome is more likely. In response to his X post, a crypto community member argued that Bitcoin still has an unfilled Chicago Mercantile Exchange (CME) gap at $92,000. They noted that, based on historical behavior, BTC tends to fill CME gaps before making new highs, implying that a crash is imminent. @YazanXBT dismissed the bearish outlook, reiterating that Bitcoin is much more likely to rally to $145,000 before any pullback to fill the $92,000 CME gap. Notably, a surge to $145,000 would require Bitcoin to break out of its current bearish pressures and climb roughly 50% from where it stands. After seeing weeks of capitulation and massive price declines, BTC is now trading slightly above $96,000, showing no apparent signs of a rebound. Analyst Claims BTC Crash Looks Like Manipulation Crypto market expert @CottonXBT shared a detailed price chart, which highlighted Bitcoin’s drop below $97,000 this week. The chart layout, featuring sharp sell-offs and rapid wicks, has led him to call the recent price dip a possible sign of manipulation rather than a genuine trend reversal. The analyst stressed that this type of price action often occurs when large players attempt to shake out retail investors before driving the market higher again. He urges investors to ignore the Fear, Uncertainty, and Doubt (FUD) and buy more BTC. Related Reading: Popular Crypto Trader Reveals Why Bitcoin Price Is Still Crashing Similarly, other market watchers are interpreting Bitcoin’s pullback as a rare opportunity to accumulate below the $100,000 mark. Simon Dixon, the CEO and co-founder of the online investment platform BnkToTheFuture, urged investors to take advantage of current low levels, noting that they will be getting more BTC for their “fiat shitcoin.” Featured image from Pixabay, chart from Tradingview.com
The open interest in XRP and Solana (SOL) futures and options has reached a record $3 billion on the Chicago Mercantile Exchange (CME). According to the CME data, this remarkable milestone was reached during Monday’s session, which saw both XRP and Solana reach their highest level of participation. Both cryptocurrencies have gained traction among institutional investors, who are now treating XRP and Solana as serious alternatives to Bitcoin and Ethereum in the derivatives market. CME’s Record $3 Billion Milestone Data from CME Group reveals that open interest in XRP and Solana futures has climbed to about $3 billion in total value. The figure captures the total capital tied up in active contracts, serving as one of the best indicators of investor activity and confidence. Related Reading: Why This Analyst Is More Bullish On XRP Over Ethereum For The Short-Term CME data shows that around 9,900 XRP contracts and 17,400 Solana futures contracts were opened during this surge of high activity, including both standard and micro versions. This achievement comes less than a year after CME introduced these products. Solana futures launched in March 2025 and quickly rose to prominence, followed by XRP futures in May. Both have now joined the ranks of the exchange’s most traded crypto derivatives, competing directly with Bitcoin and Ethereum futures. This record milestone is part of a growing interest in its digital currency instruments. Tim McCourt, Global Head of Equities, FX, and Alternative Products at CME, noted that the exchange has witnessed intense client demand for nonstop trading. In response, the CME Group had revealed plans to make cryptocurrency futures and options available for trading 24 hours a day, seven days a week, starting from early 2026, although pending approval. The increase in open interest highlights how XRP and Solana now dominate the altcoin derivatives scene on CME. Solana futures surpassed $1 billion in open interest by August 2025, just five months after their launch, while XRP futures achieved the same within three months. Recent data shows that XRP futures on the CME reached a notional volume of $26.9 billion in October and over 567,000 contracts traded within six months of trading. Institutional Interest In XRP And Solana The record in open interest follows CME’s introduction of options on XRP and Solana futures to expand its cryptocurrency derivatives portfolio beyond Bitcoin and Ethereum. This expansion allows traders to access options on SOL, Micro-SOL, XRP, and Micro-XRP futures, each offering daily, monthly, and quarterly expirations to meet different trading strategies. Related Reading: Ethereum and Solana Price Ready To Send Hard? Legendary Analyst Says It’s Time To Pay Attention The expansion also points to the growing sophistication of institutional participation in Solana and XRP derivatives. The first XRP options trade was executed on October 12 between Wintermute and Superstate. The first trade for options on SOL futures was executed on Monday, October 13, between Cumberland DRW and Galaxy. Featured image from Medium, chart from Tradingview.com
Bitcoin is now back trading above $115,000, but the recovery comes with a shadow that cannot be ignored. A new gap opened on the CME Bitcoin futures chart, and while the spot market has pushed higher since then, the presence of this gap opens up a bearish scenario. These gaps have a history of pulling Bitcoin back down to fill them, and the most recent one opens up questions about how long the current bullish momentum can last. Bitcoin Opens Up Huge CME Gap Crypto analyst Daan Crypto noted on the social media platform X how Bitcoin opened the week with a huge CME gap that has continued higher since the futures open. This gap is important, as it has been a while since Bitcoin opened with such a huge gap. Related Reading: Bitcoin Price Forms Bearish Evening Star Pattern On Weekly Chart, But Can Price Go Below $100,000? As shown in the chart image below, this CME gap is between $110,000 and $111,300. Gaps on CME futures have a tendency to close fairly quickly, meaning that Bitcoin often retraces to the level of the gap before resuming its trend. If that happens this time, the short-term structure of Bitcoin’s price action could deteriorate into a bearish momentum. However, Daan also noted that this gap should not be considered in play unless Bitcoin drops below $111,000. But if that happens, the futures chart could drag spot prices lower and turn recent strength into weakness. What Does This Mean For Bitcoin? A CME gap occurs because the Chicago Mercantile Exchange does not trade over the weekend, unlike the spot Bitcoin market, which operates 24/7. When Bitcoin makes a big move on Saturday or Sunday, CME futures reopen on Sunday evening at a different level than they closed on Friday, and this leaves an empty gap on the price chart. Related Reading: Bitcoin Bull Run Is Over? These Signals Show Where The Market Is At It’s common knowledge that Bitcoin tends to fill these gaps by returning to the level of the gap before continuing in its trend. If Bitcoin retraces to close this latest gap between the $110,000 to $111,000 range, it would erase the recovery that pushed it to $115,000 and bring the price back into a zone of uncertainty. According to Daan Crypto, if that were to happen here, then the entire structure would look pretty bad in the short term. However, this might be one of those very few gaps that never closes or not until months later. This would most likely be the case, unless Bitcoin breaks below $111,000. A dip below $111,000 could ultimately see Bitcoin losing the $110,000 price level again. If Bitcoin can stay above $115,000 and there’s enough buying pressure, then the gap can be ignored in the short term. The next test will be whether buyers can sustain the recently found momentum and push towards $120,000. At the time of writing, Bitcoin is trading at $116,380, up by 1.4% in the past 24 hours. Featured image from Pixabay, chart from Tradingview.com
The global financial system is on the verge of a seismic shift. A prominent figure in the financial institution believes that tokenized assets could grow into a $100 trillion market in the coming years. As tokenization expands, Ethereum is positioned to become the foundation of a new, faster, and more accessible global financial system. Ethereum As The Settlement Layer For Global Finance In an X post, CryptoGucci shared a clip of SharpLink Gaming (SBET) Co-CEO Joseph Chalom outlining his bullish outlook for Ethereum, while forecasting a financial tectonic shift. According to Chalom’s statement, the tokenized assets will surge to a staggering $100 trillion in market cap, and Ethereum will be the financial backbone keeping it all moving. Related Reading: Are Ethereum Treasury Companies A Threat To Bitcoin? Michael Saylor Reveals His Stance Chalom also mentioned that the new asset class won’t be limited to niche crypto tokens. It will encompass everything from stablecoins to traditional funds, and real-world assets (RWAs), which will grow into $100 trillion market cap. The defining features of this revolution will be programmable, decentralized, and 24/7 global accessibility, all of which demand a neutral, trusted, and always available ecosystem. For Chalom, the answer is obvious, and that layer is Ethereum. The network’s unmatched developer ecosystem, battle-tested security, and thriving DeFi infrastructure make it the natural backbone for a programmable, multi-trillion-dollar global economy. Such a development will rejuvenate and drive the growth of ETH. According to the CEO, SharpLink’s mission is aligned with that vision. The company aims to drive adoption, build market awareness, and aggressively accumulate ETH for its shareholders, while positioning itself as one of the dominant ETH treasuries in existence. Overall, Chalom’s comments about Ethereum’s prospects underscore how the network is becoming the bedrock of a $100 trillion global transformation, and a future where every asset, every payment rail, every settlement flows through the ETH network. This isn’t just a shift in technology; it is the rewiring of the global financial system. Futures Market Shows ETH’s Increasing Market Maturity As Ethereum continues to expand its role in DeFi, staking, and tokenized assets, the Chicago Mercantile Exchange (CME) Ethereum futures have smashed records, signaling institutional confidence. An analyst known as CryptoBusy has revealed on X that July was a historic month for ETH futures on CME, with trading volume hitting an all-time high of $118 billion, which is the largest ever recorded. Related Reading: Ethereum CME Gap Threatens Recovery, Why A Crash To $4,080 Is Possible While the CME futures exploded to new heights, ETH’s open interest also witnessed a notable increase. This highlights a shift in market behavior as institutions are chasing short-term gains and also positioning themselves for bigger, longer-term moves ahead, signaling growing confidence in ETH as a strategic asset. Featured image from Pixabay, chart from Tradingview.com
The Bitcoin price has regained momentum, rising toward the $120,000 level after experiencing a short-lived pullback earlier this week. However, recent technical analysis warns that an unfilled Chicago Mercantile Exchange (CME) gap near $116,500 may act as a barrier, potentially creating the risk of a price crash as BTC makes its way toward a fresh all-time high. Bitcoin To Face Short-Term Crash With CME Gap A new Bitcoin price analysis by crypto market expert Ted Pillows suggests that BTC could encounter another major hurdle on its path to a record high. His analysis, shared on X social media, points to conditions in cryptocurrency’s current market structure that may trigger a temporary correction. Related Reading: Bitcoin Risks Another Crash Following Recovering Into Bearish FVG Zone Notably, Pillows reported that Bitcoin recently reclaimed and even surpassed the $118,000 level after a volatile week that saw the asset shed $2,000 to fill a CME gap from last week. The analyst’s chart highlights this gap in Bitcoin’s price action on the CME futures market around $116,500. Historically, such gaps tend to be “filled” as price retraces to trade within the missing range, making them critical areas of interest for traders. Pillows has stated that the unfilled CME gap near $116,500 will likely be revisited soon. This week’s market action already saw BTC drop sharply to close last week’s gap before rebounding, suggesting that the same pattern could play out again. If the $116,500 CME gap is filled, it could momentarily disrupt Bitcoin’s ascent, triggering a potential crash in its price. Although this scenario appears bearish, the analyst reassures that any pullback is expected to be temporary. Pillows anticipates that a brief correction could lay the groundwork for a fresh leg upward. Technical patterns also indicate that once Bitcoin begins this upward push, it could rise toward uncharted territory and establish a new all-time high. Other Analysts Share Their Take On Bitcoin CME Gap Further discussing the Bitcoin CME gap, market analyst ‘Daan Crypto Trades’ on X pointed out the recently formed gap that opened this week. According to the analyst, the gap lies between $116,500 and $118,400, standing out not only for its size but its proximity to Bitcoin’s previous ATH range. Related Reading: Analyst Shares Where Bitcoin, Ethereum, And XRP Prices Will Be By 2032 Daan Crypto Trades noted that most CME gaps tend to close within the same day; however, this latest gap has extended farther than usual. He explained that the gap near Bitcoin’s record high creates the ideal conditions for a price discovery. In such scenarios, CME gaps often stay open for longer periods, as bullish momentum can drive prices upward without retracement. Notably, the expert’s chart analysis indicates that Bitcoin’s latest CME gap is unlikely to close until its price comes within 1% or 2% of it, placing that level just under $120,000. At present, BTC is trading at $121,313. Featured image from Pixabay, chart from Tradingview.com
Bitcoin (BTC) is steadily approaching the highly anticipated Chicago Mercantile Exchange (CME) gap close, with price action aligning with analyst’s expectations of a move toward $83,000. As Bitcoin corrects from recent highs, a crypto analyst expects a rebound to come next. However, if key support fails, the possibility of further downside remains. Bitcoin To Drop To CME Gap Close Bitcoin has been on a rollercoaster this year, skyrocketing to new ATHs and experiencing major price breakdowns that pushed it to new lows. Recently the cryptocurrency saw a surge toward $89,000 but faced a rejection. Now the top crypto is pulling back again, with crypto analyst Astronomer on X (formerly Twitter) pinpointing the $83,000 – $84,000 low range as its next critical support level. Related Reading: Bitcoin And Ethereum Face $14 Billion Options Expiry—Market Impact Ahead? This crucial support zone in the price chart aligns with the CME gap close, a common phenomenon in the BTC Futures market. BTC revisits price gaps left when the CME price closes over the weekend and opens on Sundays. Astronomer has outlined his long-term trading plan for Bitcoin, expecting the cryptocurrency to consolidate around the support level before bouncing. He believes that the CME gap close is a significant technical development that could determine Bitcoin’s price movements. Supporting the expectations of a short-term pullback, historically, a bearish close on Friday often leads to red Mondays or Tuesdays for Bitcoin. Moreover, the analyst highlights that the market is still in the pre-New York Open (NYO) phase, leaving room for an intraday reversal. However, he anticipates a late-night drop during the NYO trading session due to the lack of liquidations and untested support levels. He also mentions that combined with these factors, Bitcoin’s recent pullback from $89,000 is a strong indication that its price may not be bullish locally. Based on his Bitcoin price chart, Astronomer considers the $81,400 – $82,400 range the worst-case support zone. Bitcoin is expected to revisit this target zone before any attempt at a potential reversal. Can Bitcoin Rebound? Take Profit Levels To Watch While Bitcoin’s short-term price action appears bearish, its macro trend remains somewhat stable, according to Astronomer’s analysis. The analyst has marked a “long entry” zone in the chart, suggesting that the $83,000 – $84,000 zone was a potential buying opportunity if Bitcoin finds support there. Related Reading: Pi Coin Sinks 47% In 14 Days—What’s Behind The Massive Drop? The analyst predicts that if Bitcoin can successfully hold the CME gap close, a bounce toward the weekly open price at $86,000 could be its first step toward a much-anticipated recovery. Beyond this, the analyst has pinpointed key take profit levels marked from TP1 – TP4 on the price chart. These levels suggest that Bitcoin could surge higher to reach a target of $87,000 – $88,000. However, a break below the worst-case support zone could trigger a bearish shift in sentiment, potentially leading to a deeper price correction for Bitcoin. Featured image from Gemini Imagen, chart from TradingView
When adjusted for asset market capitalization SOL's relative futures volume looks better, K33 Research noted.
Many leveraged positions appear to be in jeopardy due to Bitcoin‘s recent price rally, which has formed new liquidation levels along the way. As the crypto asset continues to demonstrate potential for upward movement, investors are advised to proceed cautiously and reassess their positions to avoid substantial losses. A New Liquidation Level Emerges For Bitcoin […]
As the crypto market maintains its bullish strength, many key metrics of Bitcoin have been demonstrating strong and optimistic trends in recent weeks, which could impact prices positively, suggesting a promising outlook for BTC in the upcoming days. A Strong Growth In Bitcoin Futures Premium Bitcoin‘s futures annualized premium, a crucial metric that often gives […]
Bitcoin’s recent price swings seem to have sparked a wave of uncertainty among retail and institutional investors as its Open Interest (OI) has witnessed a significant decline in light of several negative factors hindering the market, such as macroeconomic turbulence. Is Bitcoin Poised For A 2021-Style Performance? In a pessimistic development, the open interest in […]