Crypto Under Siege: $720M of Longs Wiped Out as Bitcoin Clings to $73,000, With the MSCI Verdict on Strategy at 22:00 GMT | Technical Analysis – Crypto Report | 11 Nov 2026
LIVE Crypto | Wednesday 11 November 2026 | 12:34 GMT live snapshot, London session under way | US stocks open 14:30 GMT, MSCI verdict 22:00 GMT
Crypto Under Siege: $720M of Longs Wiped Out as Bitcoin Clings to $73,000, With the MSCI Verdict on Strategy at 22:00 GMT
Market Overview
Crypto is under siege: about 720 million dollars of leveraged positions have been wiped out in 24 hours, roughly four-fifths of them longs, and Bitcoin is clinging to the 73,000 line that Wintermute says guards the road to 68,000. Yesterday’s CPI (+0.4% on the month, core +0.3% against 0.2% expected) landed on the exact core level Fed Governor Waller flagged for a bigger hike, so a December increase is all but locked in and a 50 basis point move is priced near 15%. The 12:34 GMT snapshot shows Bitcoin at 73,796 (+0.13%), Ether at 2,050.1 (−0.04%), Solana at 83.65 (+0.49%), XRP at 1.05107 (−0.38%) and Litecoin at 50.95 (+0.45%), all measured from the 00:00 GMT daily open. The drift since midnight looks flat, but 24-hour moves are 1% to 4% lower, Ether tagged 2,010 late last night (its lowest since 19 August) and XRP is the weakest of the five.
There is no data to rescue the tape today, so flows and one index decision will set the direction. US stocks open at 14:30 GMT with the Treasury market closed for Veterans Day, so no yield move can confirm the CPI reaction, and no Fed speaker or US data release is scheduled. US spot Bitcoin ETFs have now lost money four days running, and the late-session risks are the ETF flow prints after the 21:00 GMT cash close and MSCI’s final list at 22:00 GMT, where Strategy expects to be removed from its indexes. RSI readings of 34.63, 29.79, 25.32, 23.59 and 36.64 show XRP, Solana and Ether deeply oversold while Bitcoin and Litecoin are not stretched, so bounces are likely but have so far been sold. Desk plan: sell bounces in Bitcoin, Ether and Solana, and buy the support in XRP and Litecoin with tight stops. This is a 12:34 GMT snapshot, the latest tick that live quotes and your charts confirm, and the US session has not yet opened.
Key highlights
- Bitcoin: Price 73,796 sits on the channel floor under all three averages (77,622, 77,701 and 81,120); 75,000 caps and 72,750 is the floor.
- Ethereum: Price 2,050.1 is under the broken trendline and all three averages (2,255.6 to 2,442.1); 2,100 caps and 2,000 holds.
- Solana: Price 83.65 is testing the rising trendline with RSI 25.32; 86.00 caps and 80.00 supports.
- XRP: Price 1.05107 is at its lowest since August with RSI 23.59; 1.12 caps and 1.00 holds.
- Litecoin: Price 50.95 is coiling above the triangle floor near 49.50; 52.50 caps and 49.50 supports.
What’s Moving Crypto Today
Bitcoin clings to 73,000 after hot CPI sparked roughly 720 million dollars of liquidations, with a December Fed hike all but priced in
October CPI rose 0.4% on the month and core CPI 0.3%, against forecasts of 0.3% and 0.2%, matching the core level Fed Governor Waller said could justify a larger move. Reuters reported the odds of a 50 basis point hike in December rose to nearly 15%, with a quarter-point move seen as almost certain. Bitcoin fell to a low near 72,744 and about 178 million dollars of longs were liquidated within the first hour. Coinglass data puts liquidations at roughly 720 million dollars over 24 hours, about four-fifths of them longs, and Wintermute warns Bitcoin could slide toward 68,000 on a daily close under 73,000. It steadied near 73,800 today while stocks rebounded.
Source: Reuters via Decrypt and Blockonomi, Coinglass data via FXStreet and crypto.news, Wintermute, CoinDesk, 11 Nov 2026
US spot Bitcoin ETFs lose 95 million dollars for a fourth straight day, and Ether, XRP and Solana funds bleed too
Bitcoin ETFs shed 95 million dollars on 10 November, led by BlackRock’s IBIT with 78.2 million, taking 2026 net outflows past 1.1 billion dollars. Ether ETFs lost 1.32 million after 184.5 million on Monday, XRP funds lost 7.62 million, and Solana funds have lost about 35.1 million since 5 November. The three headline products lost 103.94 million dollars combined, and the next print arrives after the 21:00 GMT cash close.
Source: SoSoValue and Farside via Cointelegraph, Bitcoin.com News, CoinDesk, CoinCentral, FXStreet, 11 Nov 2026
MSCI publishes its final non-operating company list at 22:00 GMT, and Strategy says it expects to be removed from the index
MSCI will post its November review at 5:00 p.m. ET (22:00 GMT), with any removals effective at the close on 30 November. Strategy expects its shares to be excluded, index funds hold about 13 million shares (3.1% of its basic shares), and JPMorgan had estimated up to 2.8 billion dollars of selling, though that figure came from an earlier proposal. Strategy holds 850,364 Bitcoin bought at an average 75,451 dollars, so it is sitting on an unrealised loss, and Metaplanet is also on the watch list.
Source: MSCI timing via Cryptobriefing and Techtimes, Investing.com, PANews, Coinpedia, 11 Nov 2026
Ether tagged 2,010 overnight, its lowest since 19 August, as about 258 million dollars of liquidations hit leveraged longs
Ether touched 2,010 around 23:30 GMT last night, within 10 dollars of the 2,000 mark. Ether liquidations of about 258 million dollars outpaced Bitcoin’s 205 million even though Bitcoin’s open interest of 25.2 billion dollars is twice the size, and ether open interest fell 3.6% as money left the market. Support sits at 1,971 and resistance at 2,101, while a delayed Glamsterdam testnet step adds a development-risk headline.
Source: CoinDesk, Cryptoticker, CoinCentral, TradingKey, AD HOC NEWS, 11 Nov 2026
Solana tests its rising trendline as a creator-linked wallet sends 26 million dollars of SOL to exchanges and Schwab adds trading
Solana briefly dipped under 82 on Coinbase and trades near 83 to 84, with futures open interest at 5.10 billion dollars, the lowest since 19 August. A wallet linked to multiple token creators moved 299,838 SOL (about 26 million dollars) to Binance and OKX, and Charles Schwab added Solana, Avalanche and Chainlink trading at a 0.75% fee. Cumulative Solana ETF inflows remain positive at about 1.43 billion dollars despite the recent outflows.
Source: The Defiant via Digital Today, Coinpedia, CoinCentral, Startup Fortune, 11 Nov 2026
XRP falls to 1.05, its lowest since August, as Ripple’s David Schwartz discloses large sales and ETF outflows continue
XRP dropped under 1.06 as David Schwartz said he had sold most of his XRP, Bitcoin and Ether holdings under a pre-agreed written plan. US spot XRP ETFs lost 7.62 million dollars on 10 November, and Binance traders remain heavily long, with the cumulative funding rate at its highest in over a year, which raises the risk of a further flush.
Source: KuCoin News, Coingape, crypto.news, Bitbase, 11 Nov 2026
Litecoin trades near 50.95 with no catalyst of its own, drifting with the market toward the floor of its triangle
Litecoin’s volume is about 2.6% under its 30-day average and no derivatives or on-chain trigger has been reported. The 50.12 retracement level and today’s low of 50.41 are the nearest supports.
Source: DiarioBitcoin, CoinGecko, 11 Nov 2026
Key Drivers for the Rest of Today
Six things that set direction for the rest of the session in Bitcoin, Ethereum, Solana, XRP and Litecoin. All times are GMT.
- Rebound trigger
- 73,853
- Wed 11 Nov, now (12:34 GMT)
- Hourly close above 73,853 would be the first sign of a Bitcoin rebound; Binance Bitcoin was 73,728 at 10:00 GMT
- US stocks open
- 14:30
- Wed 11 Nov, 14:30 GMT
- Wall Street opens with Treasuries closed for Veterans Day, so no yield move confirms CPI; no Fed speaker or data release is due
- US cash close, setup expiry
- 21:00
- Wed 11 Nov, 21:00 GMT
- Unfilled ideas lapse at 21:00 GMT; US spot ETF flow prints for today follow after the close
- MSCI final list
- 22:00
- Wed 11 Nov, 22:00 GMT
- MSCI posts its review at 5:00 p.m. ET; Strategy and Metaplanet face removal effective 30 November
- Daily candle close
- 00:00
- Thu 12 Nov, 00:00 GMT
- Bitstamp and Coinbase daily candles close; a close under 72,750 in Bitcoin would confirm the breakdown
- Fed hike pricing
- Dec 9
- Decision Wed 9 Dec, 19:00 GMT
- A quarter-point hike is the overwhelming favourite and 50 bp sits near 15%; hawkish headlines keep pressure on crypto
Swipe the strip to see every driver.
Trade Setups for Today
Ranked in the order Bitcoin, Ethereum, Solana, XRP and Litecoin, valid until 21:00 GMT today, an hour before the MSCI list. A 4-hour close beyond the stop cancels the idea.
| Instrument | Direction | Entry | Stop | Target 1 | Target 2 | Reward:risk | Conviction |
|---|---|---|---|---|---|---|---|
| Bitcoin (BTCUSD) | Short | 75,000 | 76,200 | 73,200 | 72,000 | 1.5 / 2.5 | Medium |
| Ethereum (ETHUSD) | Short | 2,100 | 2,165 | 2,000 | 1,930 | 1.5 / 2.6 | Medium |
| Solana (SOLUSD) | Short | 86.00 | 88.60 | 80.00 | 77.60 | 2.3 / 3.2 | Medium |
| XRP (XRPUSD) | Long | 1.01 | 0.97 | 1.07 | 1.12 | 1.5 / 2.8 | Low |
| Litecoin (LTCUSD) | Long | 49.80 | 47.90 | 52.50 | 54.46 | 1.4 / 2.5 | Low |
Reward:risk is the distance from entry to each target divided by the distance from entry to the stop. A third target for each market is in its section below. Levels come from the daily charts captured at 12:33 to 12:34 GMT (18:03 to 18:04 UTC+5:30): Bitstamp for Bitcoin, Ether, XRP and Litecoin, and Coinbase for Solana. Every entry sits away from the current price and needs a bounce or a pullback to trigger, and the US open at 14:30 GMT or the MSCI list at 22:00 GMT can gap prices through them. Three ideas are short and two are long, but crypto moves together: a squeeze higher would hit the Bitcoin, Ether and Solana shorts at once, while a break of support would stop out the XRP and Litecoin longs together. Levels are conditional technical references, not recommendations.
Risk Scenario Analysis
The US stock open at 14:30 GMT and the MSCI list at 22:00 GMT are the swing factors for the rest of today.
If Wall Street sells off, ETF outflows continue or MSCI removes Strategy, crypto breaks its supports
A weak Nasdaq at the open, a fifth day of Bitcoin ETF outflows and a confirmed Strategy removal would add to the pressure from near-certain Fed hike pricing. Bitcoin would lose the channel floor, Ether would test 2,000, and the oversold XRP and Solana charts would stay oversold while they slide.
- Bitcoin72,750, then 70,000
- Ethereum2,000, then 1,930
- Solana80.00, then 77.60
- XRP1.00, then 0.94
- Litecoin49.50, then 48.00
If stocks keep rebounding and the MSCI news is already priced, oversold charts squeeze higher
A firm US open, ETF flows turning positive or Strategy’s removal landing as a non-event would let the oversold tokens bounce toward their broken trendlines and overhead averages. Short setups would be tested, and XRP and Solana would likely lead the squeeze.
- Bitcoin75,000, then 77,622
- Ethereum2,100, then 2,255
- Solana86.00, then 94.00
- XRP1.12, then 1.20
- Litecoin52.50, then 54.46
Bitcoin (BTC/USD) | Bitstamp chart feed, cross-checked to live quotes
Bitcoin Analysis: Price Pins Itself to the Floor of the Falling Channel After Hot CPI, With Fed Hike Bets and ETF Outflows Capping Any Bounce
73,796 +98 (+0.13%) since the 00:00 GMT daily open Daily open 73,698 | Range 73,118 to 74,071
Outlook: Bias is lower on bounces while price stays under 77,622. Bitcoin dropped through 74,000 and tagged a low near 72,744 after yesterday’s CPI (+0.4% headline, +0.3% core against 0.2% expected), then steadied. US spot Bitcoin ETFs lost 95 million dollars on 10 November, a fourth straight day of outflows, and Strategy’s MSCI verdict at 22:00 GMT is a late-session shock risk. An hourly close above 73,853 is the first sign of a rebound; a close under 72,750 would open 70,000.
Key levels
- Support 2
- 70,000
- Support 1
- 72,750
- Resistance 1
- 75,000
- Resistance 2
- 77,622
- Price (73,796) is about 4.9% under the nearest average (77,622) and under all three (77,622, 77,701 and 81,120). Main catalysts: the US stock open at 14:30 GMT with Treasuries closed, ETF flow prints after the 21:00 GMT close and the MSCI list at 22:00 GMT. Total crypto market value is about 2.45 trillion dollars and Bitcoin dominance 60.4%.
- RSI 34.63 under its 37.62 average: weak but not oversold, so a bounce has room to fail. A close above 75,000 targets 77,622; a close under 72,750 puts the channel floor in play and 70,000 in sight.
Setup: Short at 75,000, stop 76,200, targets 73,200, 72,000 and 70,000. Reward:risk 1.5 / 2.5 / 4.2, medium conviction. Cancel if a 4-hour close above 76,200, or if US stocks rally hard at 14:30 GMT and ETF flows turn positive. Cancel if unfilled by 21:00 GMT today.
Ethereum (ETH/USD) | Bitstamp chart feed, cross-checked to live quotes
Ethereum Analysis: Price Hovers Just Above 2,000 After Breaking the Rising Trendline, With 258 Million Dollars of Liquidations Still Weighing
2,050.1 −0.8 (−0.04%) since the 00:00 GMT daily open Daily open 2,050.8 | Range 2,041.2 to 2,070.5
Outlook: Bias is lower on bounces while price stays under 2,255. Ether is trading near 2,050 after the CPI shock, after tagging 2,010 late last night, with about 258 million dollars of liquidations, more than Bitcoin’s despite open interest half the size. US spot Ether ETFs posted a fourth straight outflow day on 10 November (1.32 million dollars) after 184.5 million on Monday, the largest since 6 October.
Key levels
- Support 2
- 1,930
- Support 1
- 2,000
- Resistance 1
- 2,100
- Resistance 2
- 2,255
- Price (2,050.1) is about 9.1% under the nearest average (2,255.6) and under all three (2,255.6, 2,375.6 and 2,442.1). Main catalysts: the US stock open at 14:30 GMT, derivatives funding (still slightly positive at 0.0059%) and ETF flow prints after 21:00 GMT. Near-term support is 2,000, then 1,971 and 1,930; resistance is 2,101.
- RSI 29.79 under its 35.49 average: close to oversold, so bounces can be sharp but have faded so far. A close above 2,100 targets 2,255; a close under 2,000 opens 1,930 and 1,810.
Setup: Short at 2,100, stop 2,165, targets 2,000, 1,930 and 1,810. Reward:risk 1.5 / 2.6 / 4.5, medium conviction. Cancel if a 4-hour close above 2,165, or if ETF flows flip to inflows and Bitcoin reclaims 75,000. Cancel if unfilled by 21:00 GMT today.
Solana (SOL/USD) | Coinbase chart feed, cross-checked to live quotes
Solana Analysis: Price Tests the Rising Trendline From the June Low as ETF Outflows Continue and a Creator-Linked Wallet Sends 26 Million Dollars to Exchanges
83.65 +0.41 (+0.49%) since the 00:00 GMT daily open Daily open 83.24 | Range 82.19 to 84.08
Outlook: Bias is lower on bounces while price stays under 94.03. Solana briefly dipped under 82 on Coinbase today and is hugging the rising trendline, with futures open interest at its lowest since 19 August. US spot Solana ETFs have lost about 35.1 million dollars since 5 November, and a wallet linked to multiple token creators moved 299,838 SOL (about 26 million dollars) to Binance and OKX. Schwab has also added Solana trading today.
Key levels
- Support 2
- 77.60
- Support 1
- 80.00
- Resistance 1
- 86.00
- Resistance 2
- 94.00
- Price (83.65) is about 11% under the nearest average (94.03) and under all three (94.03, 99.69 and 105.30). Main catalysts: the US stock open at 14:30 GMT, ETF flow prints after 21:00 GMT and any further exchange deposits from large wallets. Support sits at 80.00 and 77.60; resistance is the broken trendline near 86.00.
- RSI 25.32 under its 29.06 average: oversold, so a relief bounce toward the trendline is likely, but the trend is down. A close under 80.00 targets 77.60; a close back above 86.00 would turn the retest into a squeeze toward 94.03.
Setup: Short at 86.00, stop 88.60, targets 80.00, 77.60 and 74.00. Reward:risk 2.3 / 3.2 / 4.6, medium conviction. Cancel if a 4-hour close above 88.60, or if ETF flows turn positive. Cancel if unfilled by 21:00 GMT today.
XRP (XRP/USD) | Bitstamp chart feed, cross-checked to live quotes
XRP Analysis: Price Slides to 1.05, Its Lowest Since August, as Schwartz Sales and ETF Outflows Hit, With RSI Deeply Oversold at 23.59
1.05107 −0.00401 (−0.38%) since the 00:00 GMT daily open Daily open 1.05511 | Range 1.04569 to 1.06627
Outlook: Bias is a small bounce off 1.00 with low conviction and a tight stop. XRP is the weakest chart in the group, down 3% to 4% over 24 hours to its lowest since August after Ripple’s David Schwartz disclosed large sales of his holdings, and US spot XRP ETFs lost 7.62 million dollars on 10 November. Binance traders are still heavily long, with the cumulative funding rate at its highest in over a year, which leaves room for another flush through 1.00 before any recovery.
Key levels
- Support 2
- 0.94
- Support 1
- 1.00
- Resistance 1
- 1.12
- Resistance 2
- 1.20
- Price (1.05107) is about 14% under the nearest average (1.22617) and under all three (1.22617, 1.31259 and 1.34448). Main catalysts: Schwartz-related selling headlines, ETF flow prints after 21:00 GMT and the broad risk tone from the 14:30 GMT US stock open. The 1.00 level is the key psychological support; 0.94 is the next area.
- RSI 23.59 under its 33.98 average: the most oversold of the five. A close above 1.12 targets 1.20; a close under 1.00 breaks the psychological floor and targets 0.94.
Setup: Long at 1.01, stop 0.97, targets 1.07, 1.12 and 1.20. Reward:risk 1.5 / 2.8 / 4.8, low conviction. Cancel if a 4-hour close under 0.97, or if further large insider-selling headlines emerge. Cancel if unfilled by 21:00 GMT today.
Litecoin (LTC/USD) | Bitstamp chart feed, cross-checked to live quotes
Litecoin Analysis: Price Coils Above the Floor of a Symmetrical Triangle With No Catalyst of Its Own, So Support Near 49.50 Decides Today
50.95 +0.23 (+0.45%) since the 00:00 GMT daily open Daily open 50.89 | Range 50.41 to 51.21
Outlook: Bias is a bounce from the triangle floor with low conviction. Litecoin has no news catalyst of its own and is trading with the market, near 50.95 with volume about 2.6% under its 30-day average. The 50.12 retracement level and today’s low of 50.41 are the first supports; the lower triangle line near 49.50 is the line that matters.
Key levels
- Support 2
- 48.00
- Support 1
- 49.50
- Resistance 1
- 52.50
- Resistance 2
- 54.46
- Price (50.95) is about 6.4% under the nearest average (54.46) and under all three (54.46, 55.62 and 60.85). Main catalysts: Bitcoin’s direction, the 14:30 GMT US stock open and the MSCI list at 22:00 GMT. A close outside the triangle decides the next move.
- RSI 36.64 against its 37.04 average: flat and not oversold, so there is less bounce fuel than in XRP or Solana. A close above 52.50 targets 54.46; a close under 49.50 breaks the triangle floor and targets 48.00.
Setup: Long at 49.80, stop 47.90, targets 52.50, 54.46 and 55.62. Reward:risk 1.4 / 2.5 / 3.1, low conviction. Cancel if a 4-hour close under 47.90, or if Bitcoin loses 72,750. Cancel if unfilled by 21:00 GMT today.
Conclusion
Hot CPI, near-certain Fed hike pricing and ETF outflows keep every chart under its averages, so we prefer selling bounces in Bitcoin near 75,000, Ether near 2,100 and Solana near 86.00 (all medium conviction), and buying support in XRP near 1.01 and Litecoin near 49.80 (low conviction). The session risks are the US open at 14:30 GMT, the cash close and setup expiry at 21:00 GMT, the MSCI list at 22:00 GMT and the daily candle close at 00:00 GMT. A 4-hour close above 76,200 in Bitcoin or below 0.97 in XRP would change the picture.
Trade Bitcoin, Ethereum, Solana, XRP and Litecoin with Capital Street FX.
Frequently Asked Questions
What is the crypto outlook for today?
Crypto is pinned near its lows after yesterday’s hot US CPI, with Bitcoin at 73,796, Ether at 2,050.1, Solana at 83.65, XRP at 1.05107 and Litecoin at 50.95 at 12:34 GMT. The US stock open at 14:30 GMT, ETF flow prints after 21:00 GMT and the MSCI verdict on Strategy at 22:00 GMT are the tests for the rest of the day.
Which crypto trade ideas are live today?
Short Bitcoin near 75,000, Ether near 2,100 and Solana near 86.00 on bounces, and long XRP near 1.01 and Litecoin near 49.80 on dips, each with a stop and three targets valid until 21:00 GMT.
What time are the key events in GMT?
US stocks open at 14:30 GMT, the US cash session and setup expiry are at 21:00 GMT, MSCI publishes its final list at 22:00 GMT, and daily crypto candles close at 00:00 GMT. There are no Fed speakers or US data releases today because of Veterans Day, and the Treasury market is closed.
Why is crypto falling today?
October CPI came in hotter than forecast (+0.4% headline, +0.3% core), which made a December Fed hike almost certain and lifted 50 bp odds to nearly 15%. US spot Bitcoin ETFs have lost money for four straight days, and about 720 million dollars of positions, roughly four-fifths of them longs, were liquidated in 24 hours.
What is the MSCI decision on Strategy and why does it matter?
MSCI will publish its final non-operating company list at 22:00 GMT. Strategy expects to be excluded, which would force index funds holding about 13 million shares to sell by the 30 November close; JPMorgan had estimated up to 2.8 billion dollars. Removal would not force Strategy to sell its Bitcoin, but it could raise its funding costs.