According to @QCompounding, the post highlights the main stages in a bubble, a cycle-diagnostic topic relevant to timing and risk across equities and crypto. source: @QCompounding The established Kindleberger–Minsky framework defines five stages—displacement, boom, euphoria, profit-taking, and panic—that traders use to map crowd behavior and price acceleration or reversal risk. source: Charles P. Kindleberger, Manias, Panics, and Crashes; Hyman P. Minsky, Stabilizing an Unstable Economy In crypto markets such as BTC and ETH, elevated volatility and fragility around euphoric peaks make it prudent to monitor leverage signals like funding rates and open interest and consider hedging with regulated futures to manage drawdown risk. source: Bank for International Settlements, Cryptocurrencies: looking beyond the hype (2018); Binance Academy, What Is a Funding Rate; CFTC, Futures Fundamentals

According to the source, Bitcoin (BTC) briefly fell below 90,000 on Dec 5, 2025, signaling a breakdown through a major psychological level that often accelerates intraday flows. source: public X post dated 2025-12-05 A breach of a round number like 90,000 tends to cluster stop orders and intensify short-term volatility, making liquidity thin and slippage risk elevated. source: Harris (1991) price clustering; Osler (2003) stop-loss clustering in FX Traders should monitor order book depth and bid replenishment at 90,000 and nearby round numbers such as 88,000 and 85,000 to identify potential liquidity sweeps or exhaustion. source: Kavajecz and Odders-White (2004) order book liquidity; Osler (2003) Check funding rates and open interest on major perpetual swaps and CME futures; rising open interest into a breakdown elevates forced liquidation risk, while a sharp open interest flush can precede stabilization. source: Glassnode Insights derivatives metrics (2021–2023); CME Group education Watch BTC dominance and altcoin beta, as BTC downside shocks typically raise correlations and pressure altcoins more. source: Binance Research crypto correlation studies; Kaiko market structure research Compare spot index spreads between USD venues and offshore USDT venues; widening discounts often accompany risk-off flows and impaired liquidity. source: Kaiko exchange liquidity reports

According to @GreeksLive, on the first weekly settlement day of December there is limited activity in expiring weekly options, with market focus primarily on year-end settlements (source: @GreeksLive, Dec 5, 2025). According to @GreeksLive, positions held through the end of December account for over half of total open interest, highlighting a concentration in year-end expiry positioning (source: @GreeksLive, Dec 5, 2025).

According to @WatcherGuru, about 100 million dollars in crypto long positions were liquidated in the last 60 minutes, indicating a rapid deleveraging wave that can heighten near-term volatility and slippage across BTC and ETH futures order books; traders often respond by reducing leverage, tightening risk limits, and waiting for funding and open interest stabilization before re-entry. Source: @WatcherGuru on X, Dec 4, 2025.

According to the source, Ethereum price reportedly swelled as a 'Fusaka' upgrade went live, but this upgrade name is not among prior Ethereum hard forks (e.g., Shanghai, Dencun) documented by the Ethereum Foundation, so traders should seek confirmation from official Ethereum client teams or the Ethereum Foundation before acting. According to the source, until verified, focus on three checks to avoid headline risk: confirm upgrade activation via official announcements or client release notes, watch ETH spot volume versus perpetual funding rates and open interest for confirmation of trend strength, and assess options implied volatility and skew for signs of sustained directional positioning.

According to @QCompounding, Seth Klarman’s maxim that when sellers must unload at ridiculous prices it can be a good time to buy highlights the opportunity created by forced selling, source: Compounding Quality on X, Dec 2, 2025. In crypto, forced selling typically clusters around derivatives liquidations and margin-driven exits, identifiable via sudden spikes in forced liquidations and sharp open-interest drawdowns, source: CME Group education on margin and liquidation; Kaiko Research derivatives market updates 2023–2024. Traders monitor funding-rate resets and futures basis compression in BTC and ETH during liquidation cascades as positioning stress signals for potential mean-reversion setups, source: Binance Research reports on funding and basis dynamics 2023–2024. Dislocations such as large discounts to NAV in crypto trusts or closed-end funds (for example, GBTC’s discount before ETF conversion) reflect structural selling pressure and can create arbitrageable windows until mechanisms normalize, source: Grayscale GBTC 2023 shareholder communications; CFA Institute coverage of closed-end fund discounts. Spot BTC ETF primary market redemptions and outsized outflows can transmit sell pressure to underlying BTC via AP hedging and basket exchanges, making flow shock days key watchpoints, source: iShares Bitcoin Trust (IBIT) prospectus and capital markets materials. Court-supervised disposals in crypto bankruptcies can create concentrated supply events; tracking court dockets and estate wallets helps quantify overhang and absorption timing, source: U.S. Bankruptcy Court for the District of Delaware filings in major crypto cases 2022–2024; Arkham Intelligence on-chain monitoring.

According to CoinMarketCap, Ethereum (ETH) futures trading has surpassed Bitcoin (BTC) on the CME for the first time, marking a notable shift in derivatives market leadership on December 2, 2025. Source: CoinMarketCap. CoinMarketCap also reports that this milestone has fueled market speculation about an ETH 'super cycle' tied to rising adoption and increased volatility; this reflects sentiment rather than a confirmed outcome. Source: CoinMarketCap. Traders can validate and monitor the development by comparing CME-reported ETH and BTC futures volume and open interest in official daily statistics to assess persistence and flow concentration. Source: CME Group.

According to @0xjatkins, a new bull market is coming, as stated in a Dec 2, 2025 X post that also linked to a post by MacroScope17, indicating a bullish stance without accompanying data or metrics. Source: @0xjatkins on X (Dec 2, 2025). The post did not include specific price levels, macro indicators, or on-chain evidence, so traders should treat it as sentiment rather than a confirmed market signal. Source: @0xjatkins on X (Dec 2, 2025). For confirmation, market participants commonly watch whether BTC and ETH establish higher highs with rising participation via funding rates and open interest to validate risk-on conditions. Sources: CME Group education on open interest; Binance Academy explainer on funding rates. Given the absence of supporting data in the post, applying standard risk management (defined stop-losses, position sizing) is prudent when trading sentiment-driven calls. Sources: CFA Institute materials on risk management; Binance Academy trading risk management basics.

According to @AltcoinDaily, extremes in fear tend to appear near market bottoms while loud confidence clusters near tops, flagging a contrarian sentiment cue for crypto trading; source: Altcoin Daily on X, Nov 30, 2025. Traders can operationalize this by tracking extreme perpetual funding rates and outsized social sentiment spikes as potential reversal zones and then confirming with shifts in open interest and liquidity before adjusting risk; source: Binance Research Understanding Perpetual Funding Rates 2023 and Santiment Market Insights 2022-2024. Elevated positive funding with rising long skew and euphoric social volume often coincide with local tops, while deeply negative funding with fearful social chatter often aligns with local bottoms, providing a rules-based backdrop for entries and exits; source: Glassnode Week On-chain reports 2021-2023 and Santiment Market Insights 2022-2024.

According to @cas_abbe, a $91.5 million BTC long position was opened; the post did not specify the venue, instrument, or leverage, source: @cas_abbe on X, Nov 28, 2025. For trading, participants may track BTC price reaction alongside funding rates and open interest in the following sessions to gauge whether additional positioning follows this reported size, source: @cas_abbe on X, Nov 28, 2025.

According to @cas_abbe, Aster DEX has become one of the largest perp DEXs with $1.35 billion in TVL, $700 million in annualized revenue, $280 billion in monthly perpetuals volume, and $2.3 billion in open interest, source: @cas_abbe. According to @cas_abbe, the team is executing periodic buybacks using 50%–80% of collected fees, which directly impacts $ASTER token flow, source: @cas_abbe. According to @cas_abbe, the post also cites support from @cz_binance and explicitly raises the comparison of $ASTER to $BNB, source: @cas_abbe. According to @cas_abbe, these figures and fee-funded buybacks are presented as key trading context for participants tracking $ASTER and on-chain derivatives liquidity, source: @cas_abbe.

According to @cas_abbe, ASTER open interest is spiking while the funding rate remains positive, indicating a long-heavy positioning that risks a market-maker flush in the near term (source: @cas_abbe on X). According to @cas_abbe, @Aster_DEX has paused buybacks and plans to resume them on December 5, while reporting roughly $1.7M in daily fees that would support seven-figure daily buybacks once restarted (source: @cas_abbe on X). According to @cas_abbe, a trading approach of dollar-cost averaging on dips and avoiding leverage is preferred ahead of the restart, with the author asserting potential outperformance after buybacks resume (source: @cas_abbe on X).

According to @EvanWeb3, the user posted the remark This guy perps while linking to an X post by @0xairtx on November 27, 2025, implying the referenced party trades crypto perpetual futures, source: https://twitter.com/EvanWeb3/status/1993880638269870554 and source: https://x.com/0xairtx/status/1993404654588231980. The cited post provides no details on asset, direction, size, exchange, or timing, so it does not constitute a verifiable trading signal, source: https://twitter.com/EvanWeb3/status/1993880638269870554 and source: https://x.com/0xairtx/status/1993404654588231980. Given the absence of trade specifics in the source, traders should avoid initiating positions based solely on this mention and wait for corroborating disclosures or data, source: https://twitter.com/EvanWeb3/status/1993880638269870554. Actionable next step is to monitor the linked threads for any follow-up with concrete parameters that could inform funding, open interest, or spread dynamics, source: https://twitter.com/EvanWeb3/status/1993880638269870554 and source: https://x.com/0xairtx/status/1993404654588231980.

According to @cas_abbe, BTC funding rate has flipped negative as bears short into each rally, a pattern he says often appears near local bottoms and can precede a short squeeze; this frames a contrarian setup for traders to watch (source: @cas_abbe on X, Nov 24, 2025). Negative funding typically indicates that short positions dominate Bitcoin perpetual swaps and are paying funding to longs, highlighting bearish positioning that can unwind quickly if price rises (source: Binance Academy, What Are Funding Rates?). For confirmation of a potential squeeze, traders can monitor whether funding normalizes toward neutral while price advances and whether aggregate open interest declines, signaling short covering rather than new longs (sources: Binance Academy; CryptoQuant research on funding, open interest, and squeeze dynamics).

According to @ai_9684xtpa, BTC fell from 10.7w to 8.5w in 11 days as the market trended lower, source: @ai_9684xtpa. Over the past 24 hours, total crypto liquidations reached 1.87 billion dollars with 87 percent from longs, and the 7-day total was 5 to 7 billion dollars with BTC contributing 40 to 60 percent, source: @ai_9684xtpa citing Surf asksurf.ai. Following last night’s drop, BTC and ETH open interest declined over 24 hours to 58.55 billion dollars and 32.72 billion dollars respectively, source: Surf via @ai_9684xtpa. Despite the drawdown, long accounts still dominate current OI; on Binance BTC the 24-hour long-to-short account ratio is 2.67 to 1 and top traders at 3.38 to 1, with most exchanges showing positive funding rates meaning longs are paying shorts, source: Surf via @ai_9684xtpa. Surf also notes that while long accounts outnumber shorts by roughly 2.5 to 3 to 1, trading volume has shifted to short-side dominance at 52 percent, indicating institutional flows are shorting, source: Surf via @ai_9684xtpa. Data was captured at 09:26 today and may have shifted since, source: @ai_9684xtpa.

According to @cz_binance, he posted a one-word reaction "saved" with a laughing emoji on X on Nov 22, 2025, without any additional context or announcement, indicating no confirmed fundamental update tied to Binance or BNB at the time of posting, source: @cz_binance on X, Nov 22, 2025. For trading, treat this as a low-information, sentiment-only catalyst and monitor BNB spot-perp basis, funding rates, open interest, and intraday volatility around the post timestamp to gauge any knee-jerk flow, source: @cz_binance on X, Nov 22, 2025. Avoid assuming directional bias from the post alone; use tight risk controls and wait for corroborating information before scaling exposure in BNB, source: @cz_binance on X, Nov 22, 2025.

According to @milesdeutscher, he asked his X audience on Nov 22, 2025 whether they are long-term bullish on BTC. Source: X post by @milesdeutscher dated Nov 22, 2025. Peer-reviewed research finds that social media attention and sentiment are associated with short-term Bitcoin returns and volatility, making such audience checks relevant to traders. Source: Garcia et al., Journal of the Royal Society Interface 2014; Kristoufek, Scientific Reports 2013; Matta et al., Royal Society Open Science 2015. Traders operationalize this by tracking engagement alongside shifts in BTC funding rates, perpetual futures basis, and open interest to validate or fade sentiment signals. Source: Binance Research, Perpetual Futures and Funding Rates Explained 2023; CME Group, Understanding Futures Basis 2021; Glassnode Insights on futures and open interest 2021. Heightened bullish attention has historically coincided with increased realized volatility in crypto markets, suggesting tighter risk controls around entries and sizing. Source: Garcia et al., Journal of the Royal Society Interface 2014; Matta et al., Royal Society Open Science 2015.

According to @AltcoinDaily, roughly $300 million in crypto positions were liquidated within 15 minutes on Nov 21, 2025, indicating a rapid leverage flush that can impact intraday liquidity for major pairs like BTC and ETH. Source: https://twitter.com/AltcoinDaily/status/1991774898109473089 The post did not specify asset breakdown or long-versus-short share; traders should confirm liquidation totals, open interest changes, and funding rate moves on neutral dashboards before adjusting risk. Sources: https://www.coinglass.com/LiquidationData, https://www.laevitas.ch Historically, liquidation cascades are associated with funding normalization, open interest drawdowns, and realized volatility spikes, which can create two-way trade setups around recent breakout levels and increase demand for short-dated options hedges. Sources: https://research.binance.com, https://insights.deribit.com

According to Altcoin Daily, an X post highlighting being loudly bullish on Bitcoin while holding 0.01 BTC signals active retail-leaning sentiment around BTC. Source: Altcoin Daily on X, Nov 20, 2025. Historical analysis shows that spikes in Bitcoin social activity often coincide with higher short-term volatility and momentum, making such sentiment relevant for trade timing. Source: Binance Research 2023. Traders can validate this signal by monitoring funding rates, open interest, exchange inflows, and spot volume to assess crowded longs and mean-reversion risk. Source: Glassnode 2022–2023. A practical approach is to favor breakouts only when spot volume expands and funding remains neutral, or fade euphoric spikes when funding and open interest are elevated alongside rising exchange inflows. Source: Kaiko Research 2023 and Glassnode 2022–2023.

According to @glassnode, BTC has broken below key on-chain cost-basis levels amid weak spot demand and steady ETF outflows, underscoring pressure from net redemptions in spot markets. Source: Glassnode Week On-Chain glassno.de/4icg0M7 and Glassnode tweet dated Nov 19, 2025. Derivatives activity remains muted, with declining open interest, cycle-low funding rates, and options flows skewed toward downside protection, pointing to a defensive market structure rather than leveraged risk-on positioning. Source: Glassnode Week On-Chain glassno.de/4icg0M7 and Glassnode tweet dated Nov 19, 2025. For trading, monitoring ETF flow trends, open interest, funding rates, and put skew can help align risk exposure with current market conditions until spot demand stabilizes. Source: Glassnode Week On-Chain glassno.de/4icg0M7 and Glassnode tweet dated Nov 19, 2025.