Report mattutino del mercato

Morning Market Report. November 15, 2026.

The crypto market is opening Sunday under broad selling pressure, with every major coin in the red and sentiment at extreme lows.

BTC sits at $64,738, down 3% over the past 24 hours. Despite the drop, 74% of leveraged traders are still positioned for a rise, and the fee those bullish traders pay to hold their positions runs at a mild 7.7% annualized, suggesting leverage is not dangerously stacked yet. In the last hour alone, over $2.7 million in long positions were forcibly closed, while short-side closures reached $7.4 million, meaning both directions are getting squeezed but shorts are bleeding more in the very short term.

ETH trades at $1,815, off 3.6%. Leveraged bets on a rise are being force-closed across the board here, 72% of the crowd remains long, and the hourly short liquidations ($4.8M) far outpace long ones ($1.7M). XRP at $0.966 is down 2.4%, and notably the fee for holding bullish leveraged positions has flipped negative at minus 3.1% annualized, meaning it is currently those betting on a price drop who are paying, a sign that bears are crowded on the leveraged side. SOL is the hardest hit, down 5.1% to $71.15, with that same bearish-positioning fee running at a steep minus 15.4%, a sharp squeeze dynamic for anyone shorting with leverage right now.

Flows are deeply negative. Bitcoin ETFs have seen outflows for seven consecutive days, with roughly $185 million leaving yesterday alone and $1.67 billion exiting over the past week. Over the last 24 hours, more than $1.6 billion in long leveraged positions across the market were forcibly closed, compared to just $271 million on the short side. The Fear and Greed Index reads 10 out of 100, deep in Extreme Fear territory. Total crypto market cap stands at $2.21 trillion, down 3% on the day, and Bitcoin's share of that total has risen to 58.6%, often a sign that traders are rotating out of smaller coins and consolidating into the largest asset.

What to watch today. The trend data flags a strong downward regime with very narrow participation, meaning gains are concentrated in very few coins while most of the market falls. Volatility is flagged as extreme, so price swings in both directions can be sharp and fast. Keep an eye on whether ETF outflow data for today continues the seven-day streak or shows any reversal. We also measure two overheat scores for BTC (0.19) and ETH (0.04) as internal gauges we track over time, but these are measurement tools only and carry no proven predictive edge at this stage.