DOW JONES UP 415.92 POINTS, OR 0.80 %, AT 52,266.47 AFTER MARKET OPEN
S&P 500 DOWN 6.81 POINTS, OR 0.09 PERCENT, AT 7,800.43 AFTER MARKET OPEN
NASDAQ DOWN 103.37 POINTS, OR 0.38 PERCENT, AT 27,142.54 AFTER MARKET OPEN
Ethereum Long-Term Holders Have Sold Below Cost for 81 Straight Days
Ethereum’s long-term holders have now realized losses for 81 consecutive days. Over the same stretch, ETH rose from $1,689 to $2,507, a 48% gain.
That rally still has not brought LTH SOPR back above 1. Since Aug. 19, every daily reading has remained below break-even, with a high of 0.9686.
The broader market is much closer. Overall SOPR sits at 0.9930, leaving most of the loss-taking concentrated among long-term holders.
Only two streaks in ETH’s history lasted longer: 163 days ending in January 2016 and 161 days ending in May 2019. Since 2018, only one other streak has made it past 80 days.
Energy’s hottest trade is up 124% YTD. The previous annual record was 80%. RSI: 81. Distance above the 200-week MA: 122%.
This is no longer just momentum. It is upside panic.
EIA SEES 2026 WTI PRICE AVERAGE OF 84.65/BBL, VS PRIOR FORECAST 80.88/BBL; 2027 FORECAST OF 69.74/BBL (PVS 65.39/BBL) || EIA SEES 2026 BRENT PRICE AVERAGE OF 91.01/BBL, VS PRIOR FORECAST 86.81/BBL; 2027 FORECAST OF 73.74/BBL (PVS 69.39/BBL)
The tokenized market just crossed US$10B. About a year ago it was under US$1B.
🔸 80% of tokenized stock traded on Binance are from emerging market users
🔸 93% of trades are fractional
🔸 Median trade size: US$18.81
The stock market is being rebuilt from scratch.
Read more ⬇️
🚨 For Bull's eyes only:
$SPX was up 13 of the last 14 Novembers.
+0.13%
+5.73%
+8.92%
+5.38%
-0.83%
+10.75%
+3.40%
+1.79% (This was Trump's first midterms!)
+2.81%
+3.42%
+0.05%
+2.45%
+2.80%
For an average return of +3.36%. Hefty.
Survive October. And you will get rewarded with a nice November.
At least based on historical stats.
Good luck.
Stat time:
$SPX is up 13 of the last 14 Novembers.
+0.13%
+5.73%
+8.92%
+5.38%
-0.83%
+10.75%
+3.40%
+1.79%
+2.81%
+3.42%
+0.05%
+2.45%
+2.80%
For an average return of +3.36%
I would not short November!