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Global Macro and Bitcoin Market Briefing

Wednesday, November 26th at 10am EST we are hosting a webinar with Amphibian Capital, Swiss Block, and Willy Woo.

DATE & TIME:
Wednesday, November 26th at 10am EST

DURATION:
60-75 minutes + live Q&A (Zoom)

Link provided upon registration via email/text

Bitcoin is down ~25 % from the local top in 41 days, trading just above $91k this morning.

Short-term holder supply in loss has hit full-capitulation levels seen only at major bottoms.

Momentum is exhausted, the Risk-Off regime is still in control, liquidity is compressing — but spot demand has not broken.

This is exactly is how cycle exhaustion looks like.

The question is whether this exhaustion resolves into a final shakeout and new highs into 2026…

or whether we have already seen the bull market peak.

Next Wednesday Yann Allemann (Co-Founder & Chairman, swissblock), Henrik Zeberg (Head Macro Economist, swissblock), Willy Woo (on-chain pioneer & Crest), and I will go straight into the data — no narrative, no hopium, no doom and gloom— just the actual signals we are trading on right now.

What We’ll Cover:

Signals of a Blow-Off Top: How to Recognize the Final Run

  • On-Chain: what the latest flows, holder behavior, and Woo’s updated Vector model are really say about cycle extension vs distribution phase

  • Macro regime map: are we still in the early stage of Risk-Off or is full liquidity capitulation coming?

  • Key technical levels & invalidations for both outcomes (bull resumption vs bear market confirmation)

  • How we are currently positioned across BTC / ETH / USD Alpha into year-end and 2026

Who this is for?

  • Institutional investors, CIOs, and family offices managing serious capital

  • LPs and crypto fund investors looking to navigate the final potential phase (s) of this cycle

  • Risk-conscious allocators who want to compound through volatility

  • Advisors and consultants needing clarity to guide clients right now