A sharp drawdown has pushed BTC towards heavy put positioning at $80,000 ahead of Friday’s expiry.

[Whale Deposits $32.1 Million USDC into HyperLiquid to Increase HYPE Holdings and Open Short Position] A whale deposited $32.1 million USDC into the HyperLiquid platform to increase HYPE holdings, currently holding 741,318 HYPE tokens with a market value of approximately $24.63 million. At the same time, the whale opened a 10x leveraged HYPE short position for hedging operations.

According to the data of major single orders in the past 12 hours, the total amount of purchases by the main force reached $164 million, with a net inflow of $55.24 million and a buy to sell ratio of 1.51:1, indicating that the main force is gradually attracting funds. However, the current candlestick pattern has seen the emergence of black three soldiers, coupled with MACD dead cross and oversold J value, exacerbating the short-term downside risk. The main behavior deviates from the technical signals, and the market may face severe fluctuations. The price fell below the support of the EMA24/52 moving average, and the KDJ indicator diverged downward, with downward momentum still being released. Can major orders turn the tide? Pay attention to the real-time trends of the main force and gain insight into the turning points of the trend ahead of time! Open membership, track major orders in real-time, and grasp the core signal of fund flow! The data is sourced from the PRO member's [BTC/USDT Binance USDT perpetual 2-hour] candlestick, for reference only, and does not constitute any investment advice.

[Trump Prepares Early for Midterm Elections, Promotes Tax Cut Plan as Campaign Theme] November 25 news: Trump is fully focused on next November's midterm elections. Although he will not appear on the ballot, the election results are crucial to his presidential term and political future. According to nine Republican sources, Trump is communicating with candidates, endorsing early, strategizing, and pushing economic issues to ensure the Republican Party retains control of Congress. Six Republican sources stated that Trump hopes party candidates will use his tax cut plan as a campaign theme. The plan, passed by the Republican-controlled Congress in July, aims to allow voters to feel more tax refunds after filing taxes next April, alleviating the pressure caused by rising prices. Trump also hopes to prevent a third impeachment attempt by the Democrats by maintaining Republican control of Congress. Previously, House Democrats impeached Trump twice, but neither attempt was passed by the Senate.

Derivatives metrics show rising bearish positioning followed by a sharp reduction in open interest, while price recovery hints at early squeeze dynamics.