@JayWaveOfficial
YouTube
Avg. Quality
68
Success Rate
41.07
Analysis
112
Correct
46
Fail
62
Pending
2
Ineffective
0
Total Quality
Score
If You Had Traded on This Analysis…
Pending
ETHUSDT
Short Entry
3,307.3800
2025-11-05
11:39 UTC
Target
2,300.0000
Fail
3,500.0000
Risk/Reward
1 : 5
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The analyst discusses the Bitcoin and Ethereum markets as of November 5, 2023. He notes that Bitcoin has seen a correction phase triggered by banks, with large banks predicting corrections of 10-20%. The analyst states that a liquidity problem exists with regional banks, and a trader is predicting deeper targets. However, he also notes signs of a turning point and states that we are not in a bear market. Data show half a billion in outflows in ETFs and a fear and greed index of 20. Data from BlackRock is missing. The Analyst notes we will see outflows in Bitcoin and Ethereum ETFs. The analyst points out two key findings. Three thousand six hundred seventy three dollars, which is 315 dollars lower than the day before. On the ETH USD side of things, nearly 91,000 ETH was removed from exchanges, with all of it creating a bullish movement. With the current Fear and Greed indexes at 20 out of 100. There is light at the end of the tunnel the presenter says.