qfx 
Bitcoin, that fickle flame of fortune, has plummeted below the mark of 105,000, continuing a most ungentlemanly correction begun last week. Alas, Ethereum, Solana, and XRP have followed suit, their values reduced to mere shadows of their former glory, much like a dowager’s gown after a season of misfortune.
The Korea Composite Stock Price Index (KOSPI), now prancing at 4,221.87 points, has become the belle of the 2025 ball. Driven by AI’s golden goose, tech stocks like Samsung Electronics and SK Hynix have sprouted wings-doubling in value like alchemy gone right. 🚀
But fear not! A fresh wave of investors has stormed in, waving their wallets like pocket-sized flags of hope. They’re the kind of optimists who think “bear market” is a new flavor of lollipop. Will they save the day? Only time will tell-or perhaps a very grumpy oracle. 🧙♂️
Liquidations, those cruel harbingers of despair, have piled up like unpaid debts at a tavern. $1.16 billion worth of positions have been wiped out-mostly long positions, of course, because hope is the last thing to die, even in the crypto steppe. 🥃💸
With no apparent support levels until the magical, mystical $100K mark, one can’t help but envisage a swift, unceremonious slip below. If that happens, the old mid-cycle hangout at $97K-$98K might just become the coolest support spot-albeit only temporarily, like Uncle Henry’s ill-advised moustache wax. Keep your eyes peeled for the big boys: $100K, $101.5K, and $103K. Lose these, and it could be the biggest Bitcoin tumble since the summer’s fireworks-minus the fun, but with twice the crash.
Imagine, if you will, a once-proud stallion now reduced to a weary donkey, its mane tangled and its spirit broken. The ratio, which once boasted of 60 ounces of gold for a single Bitcoin in late 2021, has since stagnated like a forgotten pond. Gold, ever the quiet achiever, has set new records while Bitcoin flounders, unable to find its footing. 🏆🐌
Check out the Total2 chart (that’s all altcoins minus Bitcoin, for the uninitiated). There’s a red candle so big it looks like it’s auditioning for a role in The Walking Dead. 💀 It’s broken through the $1.47 trillion support like it’s a flimsy set wall, and now it’s eyeing $1.25 trillion or even the 0.618 Fibonacci at $1.19 trillion. Yikes. But here’s the kicker: the week’s only two days old, and the Stochastic RSI is like, “Hey, I’m ready for my close-up!” 🎬 Upside reversal, anyone?
This sharp divergence has disappointed crypto investors as capital flows decisively toward traditional equities.
November rolled in like a grumpy ex, and BTC followed suit. Slumped to $103k-nearly $23k down since the high. Because nothing says “I’m stable” like a 18% drop in 30 days. 💸
