😱 "Extreme Fear" Grips Markets! Both crypto and traditional assets are feeling the pinch today. Crypto Watch 📉🪙 Bitcoin ($BTC) briefly plunged below $90,000 today, driven by continued ETF outflows (another -$254M reported for 11/16). This confirms the bearish pressure we've seen, with over $1 billion in outflows last week and $1.1 trillion off the total crypto market cap in 41 days. Ethereum ($ETH) also saw volatility, dipping below $3,000 yesterday before recovering, currently fluctuating around $3,049 - $3,147. Interestingly, despite the panic, El Salvador purchased 1,090 BTC (~$100M) after Bitcoin dipped below $90K, and reports suggest whales are aggressively accumulating, indicating potential oversold conditions. However, the Bitcoin Bull Run Index dropped to 58 (from 62 yesterday), and the Alt Coin Season Index fell to 43 (from 45), showing a cooling trend for both. The BTC Long/Short Ratio at 3.36 suggests many are still bullish, a setup that can be vulnerable to further liquidations if prices drop. On a positive note, TON is set for a Coinbase listing, and Revolut is integrating Polygon stablecoin payments. Traditional Markets 📊 Major indices (Dow, S&P, NASDAQ) are all down over 0.5% today, reflecting a broad market decline. The "Magnificent 7" stocks also experienced a red day, with Nvidia ($NVDA) down over 1.5%, AMD ($AMD) over 3.7%, and Microsoft ($MSFT) over 3.3%. This weakness in tech comes despite news of a massive MSFT/NVDA/Anthropic partnership and Google's Gemini 3 launch. Cloudflare also experienced worldwide issues, impacting several services. The CBOE Volatility Index ($VIX) remains above $24, having surged 40% in the last week, pushing market sentiment into "extreme fear", according to Unusual Whales. Economic data points to headwinds: the Cass Multimodal Shipments Index fell 4.3% (Sept-Oct), and job openings reportedly decreased 32% since ChatGPT's debut. The NAR also warns of challenges for young adults in homeownership. Tariffs are anticipated to impact consumer prices. Cross-Market Comparison & Sentiment ⚖️ Both markets are clearly in a risk-off environment. Traditional equities are reeling from high volatility and economic concerns, while crypto grapples with significant ETF outflows and price drops. The sentiment is universally fearful, as highlighted by the VIX and various reports. Gold and Silver are showing slight gains today, often acting as safe havens during uncertainty. Key Takeaways: Extreme Fear Dominates: VIX surge & market sentiment confirm broad risk-off. 😱 BTC Under Pressure: Outflows & sub-$90K dip, but whales are accumulating. 🐋 Tech Sector Weakness: Despite innovation news, major tech stocks are down. 📉 Opportunities in Dips: "Smart money" is buying crypto dips; potential for oversold rebound. 💡 Economic Headwinds: Shipping, job openings, housing all show signs of slowdown. 📦