BNB Faces Bearish Trend but Short Squeeze Potential Looms Near $950 Resistance

**BNB Faces Bearish Trend but Short Squeeze Potential Looms Near $950 Resistance**

*Published on BitcoinEthereumNews.com*

Binance Coin (BNB) price recently dropped below the $1,000 mark, driven by shrinking on-chain activity and declining decentralized exchange (DEX) volume on the Binance Smart Chain network. This downturn pushed BNB to test the critical $827 support level, a zone that held firm during previous months. Notably, this support area, significant in August and September, once again demonstrated strong demand, preventing further decline.

On the daily chart, BNB’s bearish trend remains intact. However, the internal price structure reveals short-term bullish shifts following the breach of a lower high at $906.5. Traders are closely watching the resistance near the $950 zone, a key battleground established in November, which could challenge any upward momentum.

Liquidation data from CoinGlass highlights high-leverage clusters between $910 and $920. This concentration of positions may trigger a short squeeze, creating an opportunity for a price spike before any potential resumption of the downtrend.

### What Caused the Recent Binance Coin Price Drop Below $1,000?

The notable decline of Binance Coin below $1,000 stems mainly from diminishing on-chain activity paired with reduced DEX volume. These factors reflect a cooling demand on the Binance Smart Chain, sparking bearish sentiment among market participants.

Despite this, the robust $827 support level tested during the recent drop previously served as a reliable floor during August and September. This demand zone helped absorb selling pressure and could play a crucial role in stabilizing the price.

### How Is Binance’s Leadership Change Impacting BNB Prices?

Binance’s recent shift in leadership strategy—from a focus on hyper-growth to a more balanced platform approach—has the potential to subtly influence BNB’s price trajectory. Analysts suggest this transition aims to enhance regulatory compliance and sustainability, which may help stabilize the ecosystem amid mounting external pressures.

At the same time, ongoing legal challenges, including the North Dakota lawsuit against Binance, continue to introduce uncertainty that dampens investor confidence. Financial experts at Bloomberg report that such regulatory scrutiny has historically led to price declines in the range of 10-15%.

As volatility continues in the market, traders and investors should monitor these key support and resistance levels carefully. Understanding the evolving technical landscape and leadership dynamics behind Binance Coin can help make more informed decisions in this unpredictable environment.
https://bitcoinethereumnews.com/tech/bnb-faces-bearish-trend-but-short-squeeze-potential-looms-near-950-resistance/

Jensen Huang says that ‘without TSMC, there is no NVIDIA’

It’s safe to say that much of the world’s semiconductors run on designs built by Taiwan Semiconductor Manufacturing Company (TSMC). At the last estimate, the company accounted for about 64 percent of the world’s contract chip manufacturing. These designs are also powering many of the AI technology breakthroughs being developed by NVIDIA.

With that in mind, it might come as little surprise that Jensen Huang, NVIDIA’s CEO, had nothing but praise for TSMC during its recent Sports Day event. In fact, Huang went as far as to say that NVIDIA wouldn’t exist without TSMC.

Huang made these comments during TSMC’s Sports Day, as reported by the online news outlet Focus Taiwan. The event took place last weekend at a stadium in Taiwan, where Huang highlighted TSMC’s crucial role in NVIDIA’s history and its broader impact on technology.

He stated, “Without TSMC, there is no Nvidia today. You are really the pride of Taiwan, you are also the pride of the world. Thank you for helping me build Nvidia.”

NVIDIA and TSMC have been collaborating for nearly 30 years. NVIDIA has consistently utilized the technological breakthroughs developed by TSMC in its products, including the company’s cutting-edge Blackwell AI chips.

With such a long history and shared success, Huang clearly has a strong interest in maintaining friendly relations with TSMC. This is especially important as TSMC and the Taiwan region navigate complex trade and export tensions with the United States government.

In summary, the partnership between NVIDIA and TSMC remains a cornerstone of technological innovation, driving advancements in AI and semiconductor manufacturing worldwide.
https://www.shacknews.com/article/146757/jensen-huang-tsmc-pride-of-the-world

XRP ETFs Near Breakthrough as Institutional Heavyweights Race Toward Launch

XRP ETF Launches Move Closer as Institutional Momentum Builds

The launch of XRP exchange-traded funds (ETFs) is drawing near, with recent developments indicating that trading could begin imminently. Listings at the Depository Trust & Clearing Corporation (DTCC) and new filings with the U.S. Securities and Exchange Commission (SEC) from major issuers highlight a pivotal advancement in integrating digital assets into mainstream institutional markets.

Financial institutions are ramping up efforts to bring XRP ETFs to market, signaling growing confidence and momentum within the industry. This progress reflects a significant step toward broader adoption and legitimization of digital assets in traditional investment portfolios.

As these ETFs approach approval and potential trading, investors and market participants are closely watching for what could be a major milestone in the evolution of digital asset finance. The imminent launch of XRP ETFs represents not only new opportunities for exposure to the cryptocurrency but also reinforces the increasing acceptance of blockchain-based assets among institutional players.
https://news.bitcoin.com/xrp-etfs-near-breakthrough-as-institutional-heavyweights-race-toward-launch/

Red alert: Ethereum price is slowly forming a risky pattern

**Ethereum Price Remains Under Pressure as Sentiment Wanes**

Ethereum (ETH) has remained on edge over the past few months. After surging to a year-to-date high of $4,945 in August, its price has pulled back sharply to the current level of $3,412. Much of this decline comes as overall sentiment in the crypto industry has weakened, with the Crypto Fear and Greed Index dropping into the “fear” zone at 25.

Investor caution has led to a continued reduction in ETH positions, as reflected by recent market data. Notably, inflows into Ethereum ETFs have slowed considerably—a clear sign that demand is waning following a major liquidation event in October. Spot Ethereum ETFs shed over $507 million last week, after adding $15.7 million the week before. In fact, there have now been net outflows for three consecutive weeks, with cumulative net outflows decreasing from nearly $15 billion earlier this year to $13.86 billion.

Ethereum’s price has also tumbled as investors have cut back on leverage. Futures open interest—a key indicator of leveraged positions—has slid dramatically, dropping from a peak of $70 billion in August to just $39 billion today. This weakness in the futures market is notable, as futures trading remains one of the most active segments in crypto. Volume in the spot market has also continued to decline over the same period, further underscoring waning investor enthusiasm.

The situation is compounded by trouble among Ethereum treasury companies. Major ETH holdings companies like BitMine, SharpLink, and ETHZilla have seen their stock prices plunge recently. ETHZilla, notably, has even sold some of its Ethereum holdings to fund share buybacks. With NAV multiples falling, there is growing risk that these companies may slow ETH purchases—or even sell additional tokens—in the coming weeks.

**Technical Analysis Signals Further Downside Ahead**

From a technical perspective, Ethereum may be poised for further declines. The coin looks set to form a “death cross” pattern, as the spread between the 50-day and 200-day Weighted Moving Averages narrows. ETH is also in the process of forming a bearish pennant pattern, characterized by a sharp drop followed by a symmetrical triangle consolidation.

Another bearish signal: ETH has dropped below the 38.2% Fibonacci Retracement level, suggesting that support is weakening. If selling pressure continues, Ethereum will likely break down to the 50% retracement point near $3,100, with the key psychological support at $3,000 potentially coming into play.

**Conclusion**

With sentiment deteriorating, demand slowing across ETFs and futures markets, and technical signals turning more negative, Ethereum price faces significant headwinds. Investors should closely monitor these developments, as a decisive move below key support levels could accelerate the current downtrend.
https://crypto.news/red-alert-ethereum-price-is-slowly-forming-a-risky-pattern/

Bitcoin Could Stunningly Outperform Gold As Metal’s Rally Falters, Says Fidelity Expert

“`markdown
# Bitcoin Could Stunningly Outperform Gold As Metal’s Rally Falters, Says Fidelity Expert

The recent post titled **”Bitcoin Could Stunningly Outperform Gold As Metal’s Rally Falters, Says Fidelity Expert”** highlights a significant shift in the investment landscape. According to an expert at Fidelity, Bitcoin has the potential to dramatically outperform gold, especially as the metal’s rally shows signs of slowing down.

As traditional safe-haven assets like gold begin to lose momentum, investors are increasingly looking towards digital assets such as Bitcoin for growth and diversification. The insights from Fidelity underscore a growing confidence in Bitcoin’s long-term value proposition amid changing market dynamics.

Stay tuned for more updates and in-depth analyses on how these trends may impact your portfolio.

*Source: Fidelity Expert Commentary*
“`
https://bitcoinethereumnews.com/bitcoin/bitcoin-could-stunningly-outperform-gold-as-metals-rally-falters-says-fidelity-expert/

US Dollar Index (DXY) picks up on risk-aversion nearing the 100.00 level

The US Dollar trimmed its losses on Friday as investors remained cautious following another sell-off on Wall Street amid ongoing concerns about a potential AI bubble.

The USD Index, which measures the value of the Dollar against a basket of major currencies, was trading at 99.85 in the early European session, recovering from weekly lows near 99.65. The Greenback found some support from risk aversion, with Asian markets echoing Wall Street’s significant losses, led primarily by sharp declines in tech stocks.

Fears of a dotcom-like crash, combined with disappointing US employment data, have sparked a flight to safety that continues to bolster demand for the US Dollar.

**Further Signs of Weakness in the US Labor Market**

In the US, two private employment reports raised fresh concerns about the labor market’s health, offsetting the moderate optimism seen after Wednesday’s ADP Employment figures.

Data released by Revelio Public Labor Statistics showed a net employment decline of 9,100 jobs in October, with public sector employment falling by 22,000 positions. Additionally, outplacement firm Challenger, Gray & Christmas reported that job cuts surged to 153,074 in October—the highest level in 22 years—as companies seek to reduce costs and adopt AI technologies.

Adding to the uncertainty, the key Nonfarm Payrolls report will be delayed for the second consecutive month due to the ongoing US government shutdown, now in its fifth week.

**What to Watch Today**

With the Nonfarm Payrolls data postponed, market attention shifts to a series of Federal Reserve (Fed) speakers scheduled to speak today. Investors will also be closely watching the preliminary Michigan Consumer Sentiment Index, which is expected to have declined slightly in November, reflecting cautious consumer outlooks amid economic challenges.
https://bitcoinethereumnews.com/finance/us-dollar-index-dxy-picks-up-on-risk-aversion-nearing-the-100-00-level/

Pump.fun is Predicted to Drop to $0.003090 By Nov 10, 2025

**Disclaimer:** This is not investment advice. The information provided is for general purposes only. No information, materials, services, or other content provided on this page constitute a solicitation, recommendation, endorsement, or any financial, investment, or other advice. Please seek independent professional consultation in the form of legal, financial, and fiscal advice before making any investment decision.

### Pump.fun (PUMP) Price Update and Prediction – November 5, 2025

Pump.fun (PUMP) is currently trading at **$0.004197**, up **8.17%** against the US Dollar in the last 24 hours. The coin has also performed well against major cryptocurrencies, with PUMP/BTC increasing by **7.92%** and PUMP/ETH rising by **11.94%** today.

Despite this short-term gain, the coin is trading **35.80% above** our previous prediction made on November 10, 2025. However, Pump.fun has experienced a decline of **-33.96%** over the last month and is down by **-14.20%** compared to the price one year ago.

### Price Prediction

According to our forecast, Pump.fun price is expected to drop by **-24.03%** in the next 5 days, reaching approximately **$0.003090** by November 10, 2025.

### Market Performance Overview

– **1-Month Trend:** Negative, with a loss of **-33.96%**.
– **3-Month Trend:** Medium-term bullish, with a gain of **25.76%**.
– **1-Year Trend:** Negative, with a decrease of **-14.20%**.
– **All-Time High:** $0.008791 on September 14, 2025.
– **Current Cycle High:** $0.005439.
– **Current Cycle Low:** $0.003229.
– **Volatility:** High, with 1-month volatility at **19.33**.
– **Green Days in Last 30 Days:** 11.

### Sentiment & Market Mood

– **Sentiment:** Neutral.
– **Fear & Greed Index:** 23 (Extreme Fear).

The Fear & Greed Index reflects investor sentiment in the cryptocurrency market. Currently, an Extreme Fear reading suggests that investors are hesitant, potentially signaling a buying opportunity.

### Key Support and Resistance Levels

– **Support Levels:** $0.003497, $0.003226, $0.002986.
– **Resistance Levels:** $0.004009, $0.004249, $0.004520.

### Technical Analysis – November 5, 2025

The market sentiment for Pump.fun is currently neutral. Technical indicators are evenly split, with 9 showing bullish signals and 9 indicating bearish forecasts.

#### Moving Averages

| Period | Simple MA (Signal) | Exponential MA (Signal) |
|——–|——————–|————————|
| MA3 | $0.003692 (BUY) | $0.004557 (SELL) |
| MA5 | $0.003964 (BUY) | $0.004692 (SELL) |
| MA10 | $0.004317 (SELL) | $0.004542 (SELL) |
| MA21 | $0.004159 (BUY) | $0.004120 (BUY) |
| MA50 | $0.005256 (SELL) | $0.003802 (BUY) |

#### Oscillators & Indicators

| Indicator | Value | Signal |
|——————————-|———-|———|
| RSI (14) | 41.80 | Neutral |
| Stochastic RSI (14) | 59.37 | Neutral |
| Stochastic Fast (14) | 16.84 | Buy |
| Commodity Channel Index (20) | -66.67 | Neutral |
| Average Directional Index (14)| 15.96 | Neutral |
| Awesome Oscillator (5,34) | 0.00 | Neutral |
| Momentum (10) | 0.00 | Neutral |
| MACD (12,26) | 0.00 | Neutral |
| Williams % Range (14) | -83.16 | Buy |
| Ultimate Oscillator (7,14,28) | 47.13 | Neutral |
| VWMA (10) | 0.00 | Sell |
| Hull Moving Average (9) | 0.00 | Sell |
| Ichimoku Cloud B/L | 0.00 | Neutral |

### Key Insights from Technical Indicators

– The **Relative Strength Index (RSI 14)** at 41.80 suggests a neutral market position, indicating neither overbought nor oversold conditions.
– Pump.fun is currently trading **below both the 50-day Simple Moving Average (SMA 50)** and the **200-day Simple Moving Average (SMA 200)**, which is considered a bearish signal.
– The mix of buy and sell signals across moving averages and oscillators suggests a balanced, uncertain market outlook.

### Summary and Outlook

Considering the current data and technical analysis, the overall forecast for Pump.fun remains **Neutral** at this time. The price is expected to decrease by approximately **24.03%** over the next five days, targeting around **$0.003090**.

Investors should carefully monitor:

– Market sentiment and shifts in investor mood.
– Key support and resistance levels.
– Updates in technical indicators and overall market trends.

**Please note:** Cryptocurrency markets are highly volatile and unpredictable. Past performance and forecasts do not guarantee future results.

For more detailed and long-term Pump.fun price predictions, [click here].

**Disclaimer:** This content is for informational purposes only and does not constitute financial, investment, or legal advice. Always consult with a qualified professional before making any investment decisions.
https://bitcoinethereumnews.com/finance/pump-fun-is-predicted-to-drop-to-0-003090-by-nov-10-2025/

Global Crossing Airlines Group Inc. (JET:CA) Q3 2025 Earnings Call Transcript

Good morning, ladies and gentlemen. Thank you for standing by, and welcome to today’s conference call to discuss Global Crossing Airlines’ financial results for the third quarter of 2025.

As a reminder, this conference call is being recorded. Joining us on the call today are the company’s Executive Chairman, Chris Jamroz; President and CFO, Ryan Goepel; and SVP, Corporate Controller, Wendy Shapiro.

Please note that this conference call will contain statements that are considered forward-looking statements under the Private Securities Litigation Reform Act of 1995. These forward-looking statements are subject to certain known and unknown risks and uncertainties, as well as assumptions that could cause actual results to differ materially from those reflected in these statements. Additional risks and uncertainties are described from time to time in the company’s filings with the SEC.

We caution you not to place undue reliance on any forward-looking statements, which are being made only as of the date of this call. Except as required by law, the company undertakes no obligation to publicly update or revise any forward-looking statements. For important risks and assumptions associated with such statements, please refer to the company’s earnings press release for the third quarter of 2025 and the company’s annual report on Form 10-K for the year ended December 31, 2024.

Additionally, the company’s presentation includes certain non-GAAP financial measures, including EBITDA and EBITDAR, as supplemental measures of business performance. All non-GAAP measures have been reconciled to their most directly comparable GAAP measures.
https://seekingalpha.com/article/4839387-global-crossing-airlines-group-inc-jet-ca-q3-2025-earnings-call-transcript?source=feed_all_articles

Analyst Says Dogecoin Price Is About To Burst, Here’s The Target

Crypto Analyst Predicts Massive Rally for Dogecoin (DOGE) Price

Crypto analyst Butterfly has provided a bullish outlook for Dogecoin (DOGE), predicting that the popular meme coin could soon experience a massive rally. This forecast comes as the broader crypto market attempts to rebound from its recent downtrend, leaving DOGE trading well below the psychological $0.20 level.

**Analyst Declares Dogecoin Price Is About to Burst**

In a post on X, Butterfly urged DOGE holders to stay alert, suggesting that the Dogecoin price could “burst” from its current price level. The analyst highlighted that DOGE is currently facing the lower boundary of a symmetrical triangle on the 3-day chart. According to Butterfly, this zone acts as a strong support floor for price action, and bullish pressure is mounting quickly.

Butterfly’s accompanying chart indicates that Dogecoin could bounce off the $0.165 support level, potentially rallying to as high as $0.48. Notably, this price point marked a local high for DOGE last year after a similar rally from its current range. The analyst expects that DOGE could reach this level by year-end or early next year.

**Crypto Market Rebound Fuels Optimism**

This bullish Dogecoin price prediction comes as the crypto market rebounds from a recent crash. During the downturn, Bitcoin dropped below $100,000 (correction: Bitcoin’s all-time high is far below this figure; the intended sense is a sharp decline, but not to these levels), dragging DOGE and other altcoins down. With BTC now back above $100,000 (correction as above), DOGE aims to reclaim the important $0.20 level, which could trigger a larger market recovery.

Crypto analyst Ali Martinez also believes the bottom is in for Dogecoin following the recent market correction. In an X post, Martinez revealed that the TD Sequential indicator has flashed a buy signal on DOGE, suggesting the local bottom may be established.

**DOGE’s Bull Run Could Start Soon**

Analyst Chandler suggests that DOGE’s next bull run may be imminent. He notes that the biggest bull runs are typically preceded by the TOTAL3/Total index rallying upward, followed by a sharp drop and a V-shaped recovery—this is when Dogecoin price typically peaks. Chandler observes that TOTAL3/TOTAL appears to be resuming its uptrend, a signal that DOGE could soon rally.

Analyst Ether also reassures that Dogecoin’s bullish structure remains intact despite recent pullbacks. He emphasizes that every Dogecoin cycle looks chaotic up close but is perfectly structured from a distance, maintaining confidence in the ongoing pattern. Previously, Ether predicted that Dogecoin could rally to the psychological $1 level, marking a new all-time high for the meme coin.

**Current DOGE Price**

At the time of writing, Dogecoin is trading at around $0.16, down in the last 24 hours, according to data from CoinMarketCap.

*Disclaimer: This article is for informational purposes only and does not constitute financial advice. Always conduct your own research before making investment decisions.*
https://bitcoinethereumnews.com/tech/analyst-says-dogecoin-price-is-about-to-burst-heres-the-target/