Cryptocurrency Market Weekly Review (11.03-11.09): Market Recovers from Panic, Altcoin Funds ActiveAuthor: Deep Tide TechFlow
1. Overall Performance
1. Market Sentiment
Last week, the overall market sentiment experienced a process from panic to recovery. The phase of liquidity tightening caused by the U.S. government shutdown on November 3-4, the aftershock of the November 11 crash, and FUD triggered by several DAT companies announcing token sales drove the market to continue declining. BTC dropped to a low of $98,950, a decline of 11% over two days; ETH fell to a low of $3,057, a decline of 22% over two days. Afterwards, the market oscillated at low levels, and on November 9, stimulated by news of the U.S. government reopening, it exited the bottom oscillation zone, and sentiment began to recover.
The chart below shows the Coinglass Fear & Greed Index. Last week, the market sentiment was in the fear zone for all 7 days; on November 8, it reached the weekly low of 21, and has now recovered to 30, indicating a warming of market sentiment.
Chart: Last week's market sentiment shifted from panic
DeepFlowTech·2025-11-11 06:45