According to @CryptoMichNL, Bitcoin (BTC) experienced a severe market structure breakdown on October 10, and this weakness is still visible in current BTC price action; source: @CryptoMichNL on X, Nov 21, 2025. According to @CryptoMichNL, the October 10 breakdown is a key inflection date for evaluating BTC trend strength; source: @CryptoMichNL on X, Nov 21, 2025.

According to @stocktalkweekly, the market saw significant daily and weekly breakdowns today, and a major bounce tomorrow is needed to preserve many weekly closes; otherwise, selling likely continues, signaling a risk-off setup into the weekly close (source: @stocktalkweekly). Given documented periods of positive correlation between BTC and US equities, crypto traders should watch for spillover pressure on BTC and ETH if equities fail to rebound tomorrow (source: Kaiko Research).

According to Mihir (@RhythmicAnalyst), a significant trading pattern has been observed over the last 25 years with the 2Y/10Y Treasury Yields and the S&P 500 Index. The data indicates three major breakdowns occurred when the yellow moving average crossed below the cyan moving average on the Treasury Yields chart. These breakdowns have historically correlated with declines in the S&P 500 Index, providing traders with potential predictive insights for market trends. Such intersections are crucial for traders to monitor as they could signal impending market shifts.