Track real-time hot topics in the crypto world and seize the best trading opportunities. Today is Tuesday, November 4, 2025, I am Wang Yibo! Good morning to all coin friends ☀ hardcore fan daily attendance 👍 Like and make a fortune 🍗🍗🌹🌹,

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At the beginning of the new trading week, the cryptocurrency market has once again collapsed, displaying clear bearishness. Bitcoin has broken below and tested the support at $105,000, while Ethereum has dropped to a low of $3,555 before stabilizing, with altcoins suffering even greater losses. The contract market is experiencing a series of liquidations, and new coins are clustering to exploit investors, pushing panic sentiment to its peak. This crash's intensity is comparable to the market situation on October 11, severely undermining market confidence.
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The recent plunge occurred during a period of calm news, with panic primarily stemming from the accumulation of multiple uncertainties. The ongoing crisis of the U.S. government shutdown continues to ferment, raising market concerns about economic stability and the continuity of financial policies, which directly transmits to the riskier crypto market. The internal hawk-dove divide within the Federal Reserve further exacerbates volatility: hawks advocate for maintaining high interest rates to combat inflation, while doves worry that policies may hinder growth, and the unclear direction of policies puts pressure on liquidity-sensitive cryptocurrencies. Additionally, Trump's silence and the sudden escalation of international tensions have amplified the market's chaotic fluctuations. Factors such as geopolitical conflict risks and changes in the global trade landscape prompt investors to withdraw from risky assets like cryptocurrencies and shift towards traditional safe-haven assets like gold, further fueling the market crash.
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Yibo believes that this pullback does not indicate the arrival of a bear market, and a major rebound could occur at any time. Historically, in the crypto world where violent fluctuations are normal, a single pullback is unlikely to change the long-term trend. The logic supporting a rebound still exists: market expectations for a shift in the Federal Reserve's monetary policy have not dissipated, and improving inflation may soften the hawkish stance; industry technological innovation and application expansion have not stalled, remaining a core support for long-term improvement. Currently, it is necessary to respond rationally: avoid panic selling or blindly trying to catch the bottom, focus on mainstream coins and quality projects based on risk tolerance, ignore short-term noise, and look at long-term value. Although there are heavy signs of a bear market, vitality is not extinguished. Short-term volatility cannot mask long-term potential; once uncertainty clarifies, a valuation recovery is expected. For long-term investors, the current adjustment may be a good opportunity for positioning.