Crypto Under Pressure

DAILY MARKET OVERVIEW

The Dip Continues

👋 Hey, Crypto Enthusiasts! The pain hasn’t stopped. Crypto is sliding again as the US dollar surges and tensions with China heat up overnight.

🔻 Bitcoin’s brief recovery above 116k didn’t last. The strong dollar has drained liquidity from risk assets, and crypto is feeling the full impact. Metals are flying, the dollar keeps flexing, and US-China headlines are fueling more risk-off behavior.

This macro environment is proving tough: when the dollar rises, liquidity tightens, and both Bitcoin and altcoins suffer.

🐋 The Whale Returns - Now With a $392M Short

Remember the trader who made $191 million shorting Bitcoin and Ethereum right before Trump’s China tariff threat? He’s back - and he just opened a $392 million short position on Bitcoin.

Same wallets. Same timing. Same precision.

This move hit the market at the worst possible moment, right as macro pressure builds:

• Dollar strength is rising

• China-US tensions continue to develop

• ETFs are seeing major outflows, adding more fuel to bearish sentiment.

• The U.S. Government just transferred 667.6 $BTC(74.79M) to a new wallet which is causing slight panic.

• Blackrock is depositing more ETH & BTC to Coinbase to sell

After weeks of record inflows, the reversal is clear. Institutional demand is cooling, at least temporarily, as traders step back to reassess risk.

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SOCIAL SENTIMENT

Analysts Still Calm Amid the Chaos

While retail traders panic, two of crypto’s most respected voices are staying confident about the bigger picture.

CredibleCrypto says that even though the crash was one of the worst in history, it doesn’t change the long-term trend. Bitcoin and Ethereum still look solid on higher time frames. He sees this as a massive leverage flush, not the start of a bear market.

• He compared it to the COVID crash and the FTX collapse - both looked like the end but turned out to be major bottoms. Even after taking his biggest personal loss ever, he’s calm.

• His advice: don’t panic, don’t revenge trade, and hold spot positions patiently. He believes the market will recover and that the real altcoin rally will come after Bitcoin tops later in the cycle.

Cointrader Nick shares a similar outlook. He’s still long on Bitcoin and believes the bottom is close, around 110k. He also expects Ethereum to break above $5000 this year. His bullish view only changes if Bitcoin drops below 110k, which would signal the potential for more downside. But for now, he’s confident that the next leg up is near.

🐂 Both analysts agree on one thing - the bull market isn’t over. This was a painful reset, but not the end of the road.

NEWS OVERVIEW

The Latest Crypto Headlines 📰 

Bernstein Projects USDC Supply to Triple by 2027, Capturing One-Third of the Market
Bernstein forecasts Circle’s USDC supply will surge to $220 billion by 2027 as regulation and major partnerships fuel its dominance.

Ethereum Stablecoin Activity Hits Record Highs as Weekly Users Top 1 Million
Ethereum has surpassed 1 million weekly stablecoin senders for the first time, signaling growing global demand for onchain payments.

Bhutan to Anchor National Digital ID on Ethereum by Early 2026
Bhutan is migrating its national digital ID system to Ethereum, boosting transparency but sparking privacy concerns around onchain identity.

Metaplanet’s Enterprise Value Dips Below Bitcoin Holdings for First Time
Metaplanet’s market value has dropped below its bitcoin reserves, trading at a rare discount despite its aggressive treasury strategy.

YOUTUBE INFLUENCER SUMMARY

Summary From The Top Influencers 📷️ 

Benjamin Cowen – Altcoins Hit 0.29 (14.10.2025 Summary)

Benjamin Cowen believes the recent altcoin crash to 0.29 BTC market cap ratio confirms his long-standing prediction - the market is rotating back into Bitcoin. For Cowen, altcoin dominance has further room to fall, and altseason remains unlikely unless Bitcoin first breaks all-time highs.

Cowen’s Outlook – Key Points

• Altcoins hit 0.29 BTC ratio – This level has historically signaled the lower bound of altcoin cycles, especially when including USDC in the data.

• Final rotation into Bitcoin – Cowen’s long-term thesis that altcoins would bleed against BTC until a 0.25 ratio is now playing out.

• BTC dominance to rise again – He expects another leg up in BTC dominance over the next 2-3 weeks, continuing the trend.

• Alt rallies are lower highs – Every so-called “altseason” this cycle has resulted in lower highs followed by breakdowns.

• ETH must break $5K and hold – A real altcoin recovery is only possible if Ethereum can break and sustain new highs above $5,000.

• Bitcoin’s climb will hurt alts – Ironically, if BTC pushes to new highs, altcoins will still underperform on their BTC pairs due to capital rotating into Bitcoin.

• Historical cycles repeat – Cowen draws parallels to 2017, where altcoins capitulated in October, bottomed in November, then had brief rebounds before falling again.

Final Takeaway

Cowen stands by his view: altcoins are in a slow bleed against Bitcoin, and unless ETH breaks $5K and Bitcoin hits new highs, altseason will not arrive. The Bitcoin rotation remains the dominant trend.

1000x Podcast – Market Meltdown, Altcoin Carnage, & Crypto's Next Chapter (14.10.2025 Summary)

The 1000x team breaks down last week’s chaotic crypto liquidation cascade, calling it a major reset for the altcoin market and a bullish moment for Bitcoin. Despite panic across timelines and massive wicks on TradingView, they see the event as technically driven - not fundamentally broken.

Key Points

• Altcoins took the biggest hit – The crash was driven by overleveraged altcoin positions and forced liquidations, especially on Binance.

• Bitcoin held up strongly – BTC barely moved during the selloff, signaling strength and drawing comparison to gold as a macro-safe asset.

• This wasn’t Luna 2.0 – Unlike 2022, there was no large player blowing up or cascading insolvency - it was a short-term liquidity shock.

• Institutional capital favors majors – BTC and ETH are benefiting from ETF flows and growing institutional interest, while retail altcoin speculation dries up.

• Alts may stay weak for a while – The marginal bid for meme coins and low-utility tokens is gone. Capital is rotating into high-conviction assets.

• Buyers should act fast – Some hosts expect a fast rebound and believe sitting on the sidelines too long risks missing the next leg up.

Final Takeaway

The liquidation event flushed out weak hands and highlighted Bitcoin’s growing dominance. While altcoin enthusiasm may take time to return, BTC is emerging stronger as institutions continue to allocate.

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