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EUR/JPY extends its winning streak for the fourth successive session, reached fresh all-time high of 181.73 and currently trading around 181.40 during the early European hours on Thursday. The currency cross moves upwards within the ascending channel pattern, suggesting a persistent bullish bias.
Additionally, the 14-day Relative Strength Index (RSI) has moved above the 70 mark, indicating overbought conditions and a likelihood of a near-term downward correction. The EUR/JPY cross suggests a stronger short-term momentum, as it remains above the nine-day Exponential Moving Average (EMA).
On the upside, the initial resistance lies at the psychological level of 182.00, followed by the upper boundary of the ascending channel around 182.20. A break above this confluence area could reinforce the bullish bias and lead the EUR/JPY cross to approach the crucial level of 183.00.
The initial support lies at the lower boundary of the ascending channel around 180.20, followed by the nine-day EMA at 179.85. Further declines below this confluence support zone would weaken the bullish bias and put downward pressure on the EUR/JPY cross to navigate the area around the 50-day EMA at 176.65.
From a macro perspective, the Japanese Yen struggles against its peers due to the potential for Japan’s Prime Minister Sanae Takaichi to unveil a stimulus package exceeding JPY 20 trillion.
The upside of the EUR/JPY cross could be restrained as the JPY may receive support on emergence of hawkish sentiment surrounding the Bank of Japan (BoJ) policy outlook. A Reuters poll indicated that the BoJ appears poised to raise interest rates to 0.75% from 0.50% at its December 18–19 meeting.
Additionally, BoJ board member Junko Koeda noted that she believes the central bank must continue to raise the policy interest rate and adjust the degree of monetary accommodation in accordance with improvement in economic activity and prices.” Koeda emphasized that ongoing economic and price trends warrant further policy adjustment.
The table below shows the percentage change of Euro (EUR) against listed major currencies today. Euro was the strongest against the Japanese Yen.
| USD | EUR | GBP | JPY | CAD | AUD | NZD | CHF | |
|---|---|---|---|---|---|---|---|---|
| USD | 0.05% | -0.16% | 0.33% | -0.01% | -0.12% | -0.17% | 0.00% | |
| EUR | -0.05% | -0.20% | 0.25% | -0.06% | -0.17% | -0.22% | -0.05% | |
| GBP | 0.16% | 0.20% | 0.47% | 0.14% | 0.03% | -0.02% | 0.16% | |
| JPY | -0.33% | -0.25% | -0.47% | -0.34% | -0.44% | -0.51% | -0.32% | |
| CAD | 0.01% | 0.06% | -0.14% | 0.34% | -0.10% | -0.16% | 0.03% | |
| AUD | 0.12% | 0.17% | -0.03% | 0.44% | 0.10% | -0.05% | 0.12% | |
| NZD | 0.17% | 0.22% | 0.02% | 0.51% | 0.16% | 0.05% | 0.18% | |
| CHF | -0.00% | 0.05% | -0.16% | 0.32% | -0.03% | -0.12% | -0.18% |
The heat map shows percentage changes of major currencies against each other. The base currency is picked from the left column, while the quote currency is picked from the top row. For example, if you pick the Euro from the left column and move along the horizontal line to the US Dollar, the percentage change displayed in the box will represent EUR (base)/USD (quote).
The global nutraceutical market is poised for significant growth from 2025 to 2035, driven by increasing consumer focus on preventive healthcare, wellness, and science-backed nutrition. Nutraceuticals-which encompass vitamins, minerals, dietary supplements, herbal products, and functional foods-are gaining popularity for their ability to promote overall health, prevent disease, and complement conventional medical therapies. The market is expected to grow from USD 296.0 billion in 2025 to USD 505.0 billion by 2035, reflecting a robust CAGR of 5.5%.
Market Dynamics and Growth Drivers
Rising health consciousness, a shift toward preventive healthcare, and growing demand for functional foods are key drivers. Vitamins and minerals dominate the market with a 39% share, while capsules and tablets remain the most preferred delivery form, accounting for 52% of sales. Technological advancements in formulation, enhanced bioavailability, and automated manufacturing processes are further accelerating adoption. Additionally, consumer preference for evidence-based nutrition and personalized wellness solutions is boosting demand across age groups.
Applications and Industry Adoption
Nutraceuticals are widely used in dietary supplements, functional foods, and beverages, with increasing applications in sports nutrition, weight management, cognitive health, and immunity support. The market also benefits from the growing trend of integrating nutraceuticals into daily diets through fortified foods and beverages, allowing consumers to achieve preventive health goals conveniently. Botanical extracts are a growing segment, reflecting the demand for plant-based, natural products.
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Regional Insights
North America and Europe represent major markets, driven by high health awareness, regulatory frameworks, and established healthcare infrastructure. Asia-Pacific is the fastest-growing region, led by rising disposable incomes, urbanization, and expanding e-commerce channels for nutraceutical distribution. Emerging markets in India, China, and Southeast Asia are showing strong growth potential, fueled by traditional medicine practices and increasing adoption of supplements.
Challenges and Strategic Implications
Regulatory variations across countries, ingredient efficacy concerns, and complex formulation requirements pose challenges to market growth. Companies are investing in R&D, advanced ingredient systems, and compliance to address these hurdles. Strategic partnerships with healthcare providers, wellness platforms, and distribution networks are critical for maximizing reach and maintaining product quality.
Outlook Summary
From 2025 to 2035, the nutraceutical market is expected to grow steadily, driven by preventive healthcare adoption, technological innovation in formulations, and rising consumer awareness. Vitamins and minerals, capsules and tablets, and botanical extracts represent key growth segments. North America, Europe, and Asia-Pacific will remain strategic regions, with companies focusing on bioavailability enhancement, product diversification, and distribution expansion. This market offers sustainable growth opportunities for manufacturers, healthcare providers, and investors committed to advancing wellness, nutrition, and preventive health solutions globally.
The decade-long growth trajectory underscores the transformation of nutraceuticals from traditional dietary supplements to sophisticated, science-backed wellness solutions with broad applications in preventive healthcare, functional foods, and personalized nutrition.
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The mix of institutional optimism and market caution has heightened attention among traders, analysts, and long-term holders.
While ETF launches can introduce fresh liquidity, their impact often varies depending on macroeconomic conditions, investor risk appetite, and prior market positioning. Historical cases show that some ETF debuts have caused strong price moves, while others have resulted in muted market reactions, highlighting the need for measured expectations.
Several asset managers, including Franklin Templeton and Bitwise, are launching XRP ETFs this week. Franklin Templeton’s ETF, listed under the ticker EZRP, is scheduled to debut on the CBOE on November 18, shortly after Canary Capital’s XRP ETF recorded $58 million in first-day trading volume. Bitwise is planning its second major crypto ETF on November 20, following a successful Solana ETF rollout last month.
Franklin Templeton’s XRP ETF (EZRP) goes live on Tuesday, followed by Bitwise on November 20, marking a potentially significant week of institutional liquidity inflows. Source: Diana via X
According to ETF strategists cited on TradingView and market research desks, the presence of established financial brands can attract institutional participation. However, they caution that inflows depend not just on the ETF launch itself but also on broader market sentiment and liquidity conditions.
ETF analysts note that while early inflows are possible, these events do not guarantee sustained upward price movement. ETF launches may catalyze demand, but historical patterns suggest that outcomes can vary depending on macroeconomic conditions and market positioning. Market Sentiment and $2 Support
XRP currently trades around $2.21, only slightly above the psychological $2 support zone. On-chain metrics, such as Glassnode’s Net Unrealized Profit/Loss (NUPL), show long-term holders shifting from “belief/denial” to “optimism/anxiety.” NUPL transitions can indicate changes in investor conviction and potential caution before price rallies or corrections, making it a useful tool for gauging market sentiment.

Long-term XRP holders have shifted from euphoria to denial, with growing anxiety as the price teeters near $2. Source: Ali Martinez via X
Social media commentary reflects a spectrum of expectations. For instance, EGRAG Crypto, a technical analyst on X, noted, “XRP could decline slightly before a potential rally, given the current support dynamics,” while trader Javon Marks referenced prior ETF cycles to highlight that structured liquidity inflows could lead to substantial upside—but emphasized that uncertainty remains.
Analysts generally highlight that holding the $2 support level is critical, as a breach could trigger broader short-term downside pressure.
Technical analysts observing XRP note that the price is forming a bullish pattern within a descending channel, with higher lows supporting potential upward movement. A breakout above $2.195 is often cited as an early confirmation signal for continuation toward $2.24–$2.30, though analysts stress that these projections rely on price respecting lower support bands.

XRP/USDT is holding strong support at 2.10–2.12, with a bullish structure aiming for 2.195–2.330, while maintaining a stop-loss at 2.090. Source: mastercrypto2020 on TradingView
Chart analysts caution that a close below $2.09 would invalidate bullish setups, potentially signaling further downside. Such assessments are derived from standard technical analysis methods, including trendline validation and channel breakout measurements, and should be interpreted alongside broader market context.
Recent market data shows short-term anomalies, such as a “flash wick” on Kraken moving XRP/USD briefly from $2.18 to $2.1979. TradingView contributors note that such wicks often reflect isolated liquidity imbalances rather than lasting structural price changes.

XRP remains resilient above $2.10, with ETF launches and technical patterns hinting at a potential bullish breakout. Source: Rocksorgate on TradingView
Additionally, on-chain tracking revealed a $95 million XRP transfer to Binance, which could indicate repositioning by larger holders (“whales”). Analysts caution that while large transfers can precede significant moves, these events are not always predictive and should be viewed in combination with ETF flows, technical levels, and overall market conditions.
Bitcoin’s recent decline (~14% from $115,000 to ~$94,000–$95,000) has added broader market pressure, but XRP has maintained relative resilience above key support levels.
Traders, long-term holders, and institutional observers are monitoring several key factors this week:
ETF inflows: Potentially increasing liquidity, but outcomes vary.
Support levels: $2 remains a critical threshold; breaches could trigger short-term downside.
Technical confirmations: Breakouts above $2.195 could suggest upward momentum, but descending-channel dynamics must be respected.
Market sentiment and on-chain metrics: Tools like NUPL offer insight into long-term holder positioning, but signals are probabilistic, not deterministic.

XRP was trading at around 2.18, up 1.54% in the last 24 hours at press time. Source: XRP price via Brave New Coin
While ETF launches provide a catalyst for renewed institutional interest, analysts emphasize balanced expectations. “The market structure is improving, but risks remain—both from macro volatility and the possibility that ETF-driven demand is partially priced in,” noted a senior ETF strategist.
For now, attention centers on EZRP’s debut on November 18 and Bitwise’s follow-up launch, as XRP’s ability to stabilize near $2 will determine whether renewed institutional liquidity translates into meaningful price action.
SEOUL, South Korea, Nov. 20, 2025 /PRNewswire/ — METABORA GAMES (CEO Choi Se-hoon), a leading blockchain game developer, announced today that it has signed a partnership with NEOSTELLAGAMES (CEO Kim Tae-Kyun) to co-develop and globally launch a Web3 game built on HTML5 (H5).
NEOSTELLAGAMES is a mobile game studio founded by developers who have led a wide range of projects at major global companies including Line Play, Disney Interactive, and NCSOFT. The studio has extensive experience in commercial game development and global live service operations, and has built strong expertise in the casual and idle RPG genres. With additional experience in Web3 game development, the company has also secured capabilities for next generation hybrid game production.
Through this partnership, the two companies will collaborate on the launch of a next generation Web3 title that combines H5 accessibility with a Web3-driven, targeting for the global H5 game market. NEOSTELLAGAMES will lead development and live service operations for a casual roguelike RPG Web3 game, while METABORA GAMES will support tokenomics design optimized for synergy with the BORA ecosystem, along with global Web3 marketing and user engagement systems.
The new title jointly developed by the two companies will support in-app payments that allow players to purchase in game items using the BORA token. The game is also planned to introduce a gas abstraction feature, enabling players to pay gas fees with BORA even without holding KAIA tokens.
METABORA GAMES has been actively pursuing external collaborations to secure H5 based Web3 game titles. Through this onboarding partnership with NEOSTELLAGAMES, the company plans to expand its global lineup of H5 based Web3 games, strengthen the utility of the BORA token, and accelerate the growth of its ecosystem.
A representative from METABORA stated that the company will continue to expand its portfolio of H5 based titles across various genres, increase real use cases for the BORA token, and further enhance user engagement.
About METABORA
METABORA is a casual game developer and the service operator of the blockchain platform BORA.
The BORA ecosystem brings together partners across various industries—ranging from tokenomics and content to blockchain technology—driving innovation and collaboration across games, sports, and entertainment.
BORA is a national game/entertainment token with a high liquidity in the market and reinforcing the accessibility of users and services abroad by increasing the listing on global cryptocurrency exchanges and expanding partnership.
SOURCE METABORA GAMES
USDJPY continues to command the FX market with a powerful bullish trend. The yen remains heavily pressured as Japan sits on the extreme end of global monetary policy, maintaining near-zero rates while the rest of the world stays significantly tighter. This alone has kept USDJPY elevated for most of the year.
The recent push into the upper 157s shows the same pattern we’ve seen for weeks — strong impulsive legs with shallow corrections. While this speaks to persistent demand for USDJPY, it also raises the question: is a deeper retracement due before a breakout attempt on the 52-week high?
The core engine behind USDJPY’s climb remains policy divergence — and that gap continues to widen.
The BoJ still refuses to shift away from accommodative policy. Despite inflation fluctuations, the central bank avoids decisive tightening, keeping Japanese yields pinned close to zero. This anchors the yen as the funding currency of global markets and makes it structurally weak.
While the Federal Reserve isn’t aggressively tightening, it’s also not cutting quickly. US yields remain elevated, and inflation remains sticky enough to prevent early dovish shifts. This keeps the dollar attractive compared to the yen.
Global investors continue rotating capital into higher-yielding U.S. instruments. This flow naturally supports USDJPY and compounds the yen’s underperformance.
The result is a pair that remains fundamentally bullish until one side of the divergence changes — and so far, neither has.

USDJPY has been in a clean and aggressive uptrend with very limited pullbacks. Price is now sitting just under the 52-week high at 158.87, trading inside a premium zone where rallies typically slow down.
Candles continue to show momentum but also early signals of exhaustion — long wicks near the highs, smaller bodies, and stretched displacement. Beneath current price lies a natural re-pricing zone between 155.735 and 156.877, where the market may correct before setting up the next move.
This zone becomes the key battleground for continuation or reversal.
The higher-timeframe trend remains clearly bullish. But price is overextended, and a healthy retracement would restore balance. The 155.70–156.80 zone is the nearest and cleanest support area for discount entries.
Until that zone is retested, upside breakouts may lack sustainability.

The bullish path anticipates a structured correction before buyers re-enter with conviction.
Requirements:
Upside targets:
A strong reaction from the support zone supports continuation.

If USDJPY keeps rejecting the highs and fails to find support in the imbalance zone, a deeper correction could unfold.
Requirements:
Downside targets:
A loss of structure below 155.70 opens the door for broader downside.
USDJPY stays firmly bullish, but the rally is extended. With the 52-week high just overhead, the market may need a reset before attempting a decisive breakout. The 155.70–156.80 zone is the key technical area to monitor — a bounce there maintains the trend, while a breakdown signals deeper correction.
If the BoJ remains dovish and U.S. yields stay firm, the bias still leans bullish. But no trend climbs in a straight line. A healthy pullback may be the final ingredient before the next major move.
Market Size and Growth:
The Food Supplement Market Size reached US$ 203.10 billion in 2024 and is expected to reach US$ 345.13 billion by 2031, growing with a CAGR of 8.4% during the forecast period 2025-2031. The Market is growing due to rising health awareness, increased adoption of preventive healthcare, and higher demand for personalized nutrition and immunity-boosting supplements. According to DataM Intelligence Report.
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The Food Supplement Market refers to the industry producing vitamins, minerals, proteins, herbal extracts, and other nutraceutical products that support overall health, improve nutritional intake, and address specific wellness needs. It includes dietary tablets, capsules, powders, functional foods, and beverages designed to enhance immunity, energy, digestion, and performance, driven by rising health awareness and preventive healthcare trends.
Industry Recent Developments: United States
✅ August 2025: Expansion of e-commerce and online supplement sales has increased accessibility to dietary supplements, with particular popularity growth in powdered supplements and plant-based ingredients.
✅ September 2025: There is a rising interest in personalized nutrition, including AI-powered personalized nutrition services, alongside continued growth in natural, organic, and plant-based supplements. Fortified protein and amino acid supplements designed for seniors to combat sarcopenia were introduced.
✅ October 2025: A new line of plant-based botanical supplements targeting immune health and anti-aging was launched, gaining rapid market traction. Additionally, mergers and partnerships focused on omega fatty acid extraction and fermented food supplements occurred.
Industry Recent Developments: Japan
✅ August 2025: FANCL Corporation gained marketing authorization for a new probiotic strain clinically proven to support gastrointestinal health.
✅ September 2025: Meiji Holdings introduced fortified protein and amino acid supplements specifically formulated for seniors to address sarcopenia and improve quality of life. Also, Yotsuba Japan acquired a domestic nutraceutical firm specializing in omega fatty acid extraction.
✅ October 2025: FANCL Corporation launched a new line of plant-based botanical supplements targeting immune health and anti-aging that gained rapid market traction. Asahi Group Foods entered a strategic partnership with Nihon Kefir Co., Ltd. to co-develop novel fermented food supplements for urinary and vaginal health.
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Major Key Players:
1. Amway
A global leader in nutritional supplements with strong direct-selling distribution. Its Nutrilite brand drives large-scale revenues across vitamins, minerals, and herbal products.
2. Abbott Laboratories
A diversified healthcare company offering advanced nutritional products backed by clinical research. Its strong global presence enhances trust and market penetration.
3. Bayer AG
A pharmaceutical and life sciences giant with a broad portfolio in health and nutrition. Bayer leverages innovation and R&D strength to expand its supplement offerings.
4. Pfizer Inc.
A top pharmaceutical leader providing high-quality vitamins and wellness formulations. Its trusted brand and global footprint support strong consumer adoption.
5. Glanbia Plc
A prominent nutrition company known for performance and lifestyle nutrition brands. It excels in sports nutrition and functional supplements with strong manufacturing capabilities.
6. Haleon Plc
A consumer health company with powerful brands in vitamins, minerals, and supplements. It focuses on science-backed products and strong retail reach worldwide.
Market Growth Drivers:
✅ Rising Health Awareness and Preventive Healthcare Focus: Increasing consumer consciousness about health, wellness, and preventive care has led to higher demand for supplements that support overall well-being and help manage chronic diseases such as obesity, diabetes, and heart conditions.
✅ Growing Aging Population: The aging global population drives demand for supplements targeting age-related health issues like joint health, cognitive function, and bone density, contributing significantly to market growth.
✅ Advances in Technology and Product Innovation: Technological improvements in ingredient extraction, formulation, and personalized nutrition solutions (including AI-driven personalization) enhance supplement efficacy, bioavailability, and consumer appeal, propelling market expansion.
Segments Covered in the Food Supplement Market:
By Ingredient: Vitamins, Vitamins, Botanicals, Minerals, Proteins and Amino Acids, Omega Fatty Acids, Others.
By Form: Tablet, Capsules, Soft Gels, Powders, Liquids, Others.
By Application: Energy and Weight Management, General Health, Bone and Joint Health, Gastrointestinal Health, Immunity, Cardiac Health, Diabetes, Others.
By End-User: Adults, Geriatric, Pregnant Women, Children, Infants.
By Distribution Channel: Offline, Online.
Regional Analysis for Food Supplement Market:
⇥ North America (U.S., Canada, Mexico)
⇥ Europe (U.K., Italy, Germany, Russia, France, Spain, The Netherlands and Rest of Europe)
⇥ Asia-Pacific (India, Japan, China, South Korea, Australia, Indonesia Rest of Asia Pacific)
⇥ South America (Colombia, Brazil, Argentina, Rest of South America)
⇥ Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
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Chapter Outline:
⏩ Market Overview: It contains five chapters, as well as information about the research scope, major manufacturers covered, market segments, Food Supplement market segments, study objectives, and years considered.
⏩ Market Landscape: The competition in the Global Food Supplement Market is evaluated here in terms of value, turnover, revenues, and market share by organization, as well as market rate, competitive landscape, and recent developments, transaction, growth, sale, and market shares of top companies.
⏩ Companies Profiles: The global Food Supplement market’s leading players are studied based on sales, main products, gross profit margin, revenue, price, and growth production.
⏩ Market Outlook by Region: The report goes through gross margin, sales, income, supply, market share, CAGR, and market size by region in this segment. North America, Europe, Asia Pacific, Middle East & Africa, and South America are among the regions and countries studied in depth in this study.
⏩ Market Segments: It contains the deep research study which interprets how different end-user/application/type segments contribute to the Food Supplement Market.
⏩ Market Forecast: Production Side: In this part of the report, the authors have focused on production and production value forecast, key producers forecast, and production and production value forecast by type.
⏩ Research Findings: This section of the report showcases the findings and analysis of the report.
⏩ Conclusion: This portion of the report is the last section of the report where the conclusion of the research study is provided.
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Frequently asked questions:
➠ What is the global sales value, production value, consumption value, import and export of Food Supplement market?
➠ Who are the global key manufacturers of the Food Supplement Industry? How is their operating situation (capacity, production, sales, price, cost, gross, and revenue)?
➠ What are the Food Supplement market opportunities and threats faced by the vendors in the global Food Supplement Industry?
➠ Which application/end-user or product type may seek incremental growth prospects? What is the market share of each type and application?
➠ What focused approach and constraints are holding the Food Supplement market?
➠ What are the different sales, marketing, and distribution channels in the global industry?
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Solana price is showing renewed strength, rebounding sharply from key support as participants watch for signs of a broader trend reversal.
Solana price is starting to stand out again, breaking away from the broader market slowdown with a sharp push back into strength. After days of pressure, buyers are finally stepping in with confidence.
Solana Price is leading the broader crypto rebound, posting one of the strongest 24-hour recoveries among top assets. Momentum has shifted firmly back into green territory, with price climbing more than 7% while most majors still lag behind. This kind of relative strength often signals early rotation, especially when a coin begins reclaiming levels quicker than the rest of the market.
Solana’s strong 24-hour rebound places it among the market’s top performers. Source: The Solana Floor via X
The move above $140 also aligns with the start of a broader sentiment recovery after weeks of sustained selling pressure. With SOL climbing the leaderboard again, The Solana Floor is beginning to reassess whether this could mark the early stages of a momentum reset.
On-chain data and chart structure both point towards $130 acting as a potential cyclical bottom. The zone has shown reactive buying multiple times, while intraday liquidity sweeps have failed to produce continuation to the downside, often an early sign of exhaustion among sellers.

Solana’s on-chain strength and repeated reactions from the $130 zone signal a potential cyclical bottom forming. Source: Cointelegraph via X
The on-chain metrics add conviction: network volumes remain elevated, staking activity continues rising, and long-term holder accumulation is strengthening. This blend of technical support + improving on-chain sentiment increases the probability of a recovery towards the $180–$200 region if momentum extends.
Hardy’s chart highlights a developing daily bullish divergence, with price forming lower lows while RSI begins to curl upward. This type of structure often appears near local bottoms.
Technically, the next reaction zones sit at $150, $175, and the major reclaim level at $200. The drawn projection suggests a rounded bottom forming between $132 to $139, which, if confirmed, typically transitions into a mid-trend reversal.
As long as Solana price defends the support wick region around $135, the divergence setup remains valid.

SOL’s chart captures a clean bullish divergence developing on the daily timeframe, hinting at a potential mid-trend reversal. Source: Hardy via X
Crypto analyst TraderSZ believes that SOL’s performance relative to ETH and BNB is beginning to show early signs of rotation. The ratio chart has bounced from a multi-month floor and is attempting to reclaim its immediate resistance band.

Solana’s ratio charts against ETH and BNB are rebounding from a multi-month floor, hinting at early rotational strength. Source: TraderSZ via X
A move above 0.046–0.047 on the SOL/ETH pair would confirm the start of a new dominance leg. Meanwhile, the SOL/BNB structure shows a similar early recovery, indicating that SOL may be gearing up to outperform majors if momentum continues.
Heatmap data shared by TED shows that most downside liquidity has already been cleared out during the recent selloff, an important structural shift. Above current price, the next dense cluster sits in the $170 to $200 region, meaning that any upside continuation is likely to gravitate toward this zone.

Heatmap data reveals a heavy liquidity pocket between $170 and $200, acting as the key upside magnet for SOL. Source: TED via X
This range contains heavy resting orders, previous inefficiencies, and major stop-loss pockets, making it the first meaningful upside magnet once SOL stabilizes above the lower range. If markets show even a mild rebound, liquidity mechanics alone could pull SOL towards these levels.
Solana’s latest rebound shows a shift in both technicals and market sentiment. The $130–$140 zone continues to act as strong structural support, on-chain data points towards accumulation, divergences are forming, and liquidity above price is stacked in the $170–$200 band.
If buyers maintain control above support and Solana price continues outperforming majors, a move back to the $180 to $200 region becomes increasingly realistic. For now, the recovery is still early, but the structure for a broader trend reversal is finally aligning.
Gold is attempting another stint above $4,100 early Thursday, as the US Dollar (USD) pauses its uptrend amid a risk-on market profile, while awaiting the all-important September Nonfarm Payrolls (NFP) report due later in the day.
It’s all about the September US NFP data this Thursday, as it is the first full employment report after there was no official data released for over seven weeks due to the government shutdown.
Further, the data will be closely scrutinized for fresh cues on the US Federal Reserve’s (Fed) path forward on interest rates, especially after the Minutes of the October monetary policy meeting showed that “policymakers cautioned that lower borrowing costs could undermine the fight against inflation.”
Following the Minutes release, the odds for a December Fed rate cut declined to 33%, according to the CME Group’s FedWatch Tool, having seen around 50% before the event.
This hawkish narrative bolstered the USD rally, fuelling a sharp retracement in Gold from the highest level this week, reached at $4,133.
However, the tide once again seems to have turned in favor of Gold buyers after the upbeat results from the chipmaker Nvidia post-market hours provided a big relief and triggered a sharp risk-on rally across the board.
The market optimism extends into Asian trading, limiting the ongoing USD advance, while reviving Gold’s recovery momentum toward the $4,100 threshold.
The next leg higher in Gold depends on the release of the US jobs data, which could help alter market expectations on whether the Fed will lower rates next month.
The NFP data is expected to show that the US economy to have added 50,000 jobs in September, against a 22,000 job gain in August. The Unemployment Rate is seen steady at 4.3% in the same period. Meanwhile, the Average Hourly Earnings are expected to rise annually by 3.7% in September, at the same pace reported in August.
Any sharp deviations from the estimates could influence the Fed rate cut expectations, triggering a big move in Gold.
In the daily chart, XAU/USD trades at $4,097.44. The 21-day Simple Moving Average (SMA) has flattened near $4,048.53, while the 50-, 100- and 200-day SMAs continue to rise, underpinning the broader uptrend. Price holds above all these gauges, keeping a mild bullish bias despite slower near-term momentum. The Relative Strength Index (14) prints 54.66, neutral with a modest positive tilt.
Measured from the $4,381.17 high to the $3,885.84 low, the 38.2% retracement at $4,075.05 and the 50% retracement at $4,133.50 frame the ongoing rebound within a corrective structure. A daily close above the upper retracement would open the next leg higher, whereas failure to sustain gains and a slip beneath the lower marker would put the pullback back in play.
(The technical analysis of this story was written with the help of an AI tool)
Nonfarm Payrolls (NFP) are part of the US Bureau of Labor Statistics monthly jobs report. The Nonfarm Payrolls component specifically measures the change in the number of people employed in the US during the previous month, excluding the farming industry.
The Nonfarm Payrolls figure can influence the decisions of the Federal Reserve by providing a measure of how successfully the Fed is meeting its mandate of fostering full employment and 2% inflation.
A relatively high NFP figure means more people are in employment, earning more money and therefore probably spending more. A relatively low Nonfarm Payrolls’ result, on the either hand, could mean people are struggling to find work.
The Fed will typically raise interest rates to combat high inflation triggered by low unemployment, and lower them to stimulate a stagnant labor market.
Nonfarm Payrolls generally have a positive correlation with the US Dollar. This means when payrolls’ figures come out higher-than-expected the USD tends to rally and vice versa when they are lower.
NFPs influence the US Dollar by virtue of their impact on inflation, monetary policy expectations and interest rates. A higher NFP usually means the Federal Reserve will be more tight in its monetary policy, supporting the USD.
Nonfarm Payrolls are generally negatively-correlated with the price of Gold. This means a higher-than-expected payrolls’ figure will have a depressing effect on the Gold price and vice versa.
Higher NFP generally has a positive effect on the value of the USD, and like most major commodities Gold is priced in US Dollars. If the USD gains in value, therefore, it requires less Dollars to buy an ounce of Gold.
Also, higher interest rates (typically helped higher NFPs) also lessen the attractiveness of Gold as an investment compared to staying in cash, where the money will at least earn interest.
Nonfarm Payrolls is only one component within a bigger jobs report and it can be overshadowed by the other components.
At times, when NFP come out higher-than-forecast, but the Average Weekly Earnings is lower than expected, the market has ignored the potentially inflationary effect of the headline result and interpreted the fall in earnings as deflationary.
The Participation Rate and the Average Weekly Hours components can also influence the market reaction, but only in seldom events like the “Great Resignation” or the Global Financial Crisis.
Bitcoin was trading at $89,090, down 4% over the past 24 hours with $71 billion in daily trading volume, as per a Bitcoin Magazine report. The cryptocurrency remains 4% below its weekly high of $93,662 and only slightly above its seven-day low of $88,800, as per the report. With 19.95 million BTC in circulation out of 21 million, Bitcoin’s market value now sits at $1.78 trillion, reported Bitcoin Magazine.
The weakness spilled into crypto equities: Coinbase Global dropped 4.9%, Bitfarms fell 7.5%, Strategy slipped 10.3%, Riot Platforms lost 3.7%, Hut 8 Mining declined 3.3%, and Mara Holdings fell 6.6%, as per the report.
A major driver of the sell-off came from Bitcoin ETF flows. BlackRock’s spot Bitcoin ETF, IBIT, saw a record $523.2 million in outflows on Tuesday, its largest single-day withdrawal since launching in January 2024, as per the report. The exit came even though Bitcoin briefly rallied above $93,000 earlier in the week.On average, IBIT investors bought in at about $90,146, leaving many underwater at current prices.While short-term moves remain heavily sentiment-driven, analysts say broader trends are being shaped by liquidity conditions, as per the report. Sentiment indicators are sitting near multi-year lows, suggesting weaker trading activity but potentially more appealing entry points for long-term buyers, reported Bitcoin Magazine.
Bitcoin miners have also started adjusting to the volatility. After a period of heavy selling, miners have shifted to modest accumulation over the last 30 days following recent capital raises, a sign they are choosing to hold more mined BTC instead of selling, as per the report.
Liquidity Amplifies Crypto Market VolatilityDespite the turbulence, observers say Bitcoin’s underlying fundamentals remain intact. Liquidity trends and continued institutional participation point to the Bitcoin price stabilizing near the $90,000 range as markets digest recent volatility, reported Bitcoin Magazine.
But thin liquidity is amplifying every move. Nicolai Søndergaard of Nansen told Bitcoin Magazine that market depth has dropped by about 30% since the October 10 liquidation, as per the report. With less depth, even small sell orders can push prices sharply lower, especially with leverage in the system.
Søndergaard said, “When liquidity is this thin, it takes far less capital to push the market in either direction, and when you layer leverage on top, volatility becomes inevitable,” as quoted by Bitcoin Magazine.
The mood turned noticeably bearish after Bitcoin fell below the $96,000 weekly support level last week. Analysts from Bitcoin Magazine Pro and Feral Feral Analysis warned that a rebound would be difficult, citing heavy resistance above $94,000 and persistent selling pressure, as per the report.
They highlighted strong support between $83,000 and $84,000, with another key zone at $69,000–$72,000, saying a move into the mid-$80,000s was increasingly likely, reported Bitcoin Magazine. On the upside, even a short squeeze would have met major resistance at $106,000–$109,000, as per the report. Analysts noted that only a weekly close above $116,000 would start to challenge the prevailing downtrend, as per Bitcoin Magazine.
Why is Bitcoin price down right now?
Bitcoin is falling mainly because of weak sentiment, thin liquidity, and large ETF outflows that triggered more selling.
Why are crypto-related stocks falling too?
Crypto equities like Coinbase and Riot tend to move with Bitcoin, so the decline dragged them down as well.
The session low of $4,056 defended the rising 20-day average, short-term uptrend line, and 61.8% Fibonacci retracement—forming a tight support cluster. Early-session strength followed by reversal leaves the daily candle at risk of closing bearish, but defense of $4,056 keeps bulls in the game.
A drop below Tuesday’s $4,032 low—now the higher swing low—would negate the recent advance and target the next major confluence near $3,963, where the rising 50-day average aligns with the 78.6% retracement, precisely at this time.
The 50-day line has not been tested as support since its August reclaim. Any approach is expected to encounter aggressive buying at or above that level, reinforcing the structural bull trend.
The sharp upside trigger through the 20-day average on November 10 demonstrated clear buyer control. Subsequent action off the October higher low has lacked follow-through conviction while still respecting trend structure—a dynamic that can shift rapidly with new price action.
Bulls must reclaim and sustain above the lower swing high at $4,245 to restore momentum and challenge the $4,381 October record high. Failure to do so highlights relative weakness within the larger uptrend and increases the chance for a consolidation phase that could currently be forming in a bullish position near record highs.
The $4,056 confluence of the 20-day average, trendline, and 61.8% Fib remains the immediate bull-bear pivot. Holding here favors resumption higher toward $4,245–$4,381; a close below $4,056–$4,032 opens $3,963 and the untested 50-day zone. As long as $3,998–$4,032 contains selling, the bull trend stays intact. Watch today’s settlement for the next directional clue.