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    Bitcoin Struggles, Ethereum Holds Steady: November 3 Market Insights

    November 3, 2026

    On November 3, 2026, commentary from Kitco reported that Bitcoin finished below a newly formed support level on Monday, reflecting a decline of almost 2%. The author, Aaron Dishner from The Better Traders, interprets this downturn as a sign of a strong bearish trend that may continue. Despite this, the author maintains a bullish perspective.

    The report highlights a weak bullish RSI reset observed on Saturday, which followed an oversold condition the previous day. It posits that Bitcoin might decline further, potentially dropping to the lower edge of its cloud, reminiscent of its March 2023 performance. The resilience of Bitcoin in light of a tech selloff continues to surprise the author.

    Ethereum Stays Strong Amidst Uncertainty

    Ethereum managed to trade momentarily above a resistance barrier on Monday, ultimately ending with a minor decline of less than 1%. This performance is likened to relative strength. The author’s analysis indicates a bullish divergence due to a higher RSI low established against a lower price low, supplemented by another bullish RSI reset. Additionally, the ETH/BTC ratio appears more robust than anticipated, and maintaining a position above its new support level is ideal; however, a confirmed close-short signal after entering the cloud is still awaited.

    Dollar Weakness vs. Bearish Stock Signals

    The dollar index fell into its cloud, closing within it on Monday. The report suggests that a drop toward the lower cloud level is still likely, even if the index rebounds above it, which the author argues could bolster a rally in traditional finance markets. The euro reached its fast line for the first time in 35 bars, or 49 days, marking only the beginning of this activity.

    S&P futures ended below the cloud, indicating a pronounced bearish trend for the first time since April 7. With the RSI not yet in oversold territory, the SPX confirmed an open short position on the same day. The NDX was noted as oversold, while the FANG index showed oversold readings for the first time since March, and NVDA was oversold for only the third time this year but still exhibits strong bearishness below the cloud. The commentary emphasizes that none of these factors indicate confirmed trend reversals. The Hang Seng index is developing bullish divergence at its fast line, while the KOSPI printed its second similar signal on Monday.

    Oil Support Critical for Stock Market Recovery

    On Monday, oil futures dropped by 6.5%, revealing a bearish divergence, with immediate support pegged at 95.20. The commentary suggests that a decline or close below this threshold could set the stage for a significant reversal rally in the stock market, noting that Monday’s weakness alone does not meet this criterion.

    Gold rebounded by 1.83%, silver recorded another bullish RSI reset while remaining strongly bearish, and platinum retraced to a previous resistance level now acting as support, with potential for a bounce toward the cloud top at 1,769. Copper fluctuated within its cloud, uranium declined by 4.15%, and PAXG/BTC rose by 3% as Bitcoin fell, indicating a macro bearish environment despite the uptick in gold.

    Altcoins Present Mixed Market Signals

    In the altcoin market, PEPE has shown strength remaining above its cloud, XRP has maintained its slow line, and HYPE has dipped below its prior support after touching its fast line. TAO reached new support but risks closing beneath it, SKY returned to short-term support, and VVV confirmed an open short position on Monday. STX showed a predictive wick on Saturday, with a target of 0.3990, while PIEVERSE registered a bullish divergence on Monday, and CASHCAT is developing one. MON met support but showed a breakdown, while JASMY held onto its support but needs a bounce. BAT recorded its second close-long over the weekend. AXS and FARTCOIN rested at support levels with an oversold RSI. BEAM plunged 18% on Monday with a bearish divergence and ORCA was oversold at the base of the cloud. The possibility of meme coins bouncing back remains uncertain, categorized as an unresolved question rather than a definitive market reversal.

    1. 1. INTRODUCTION

      Utilizing Data-Driven Approaches for Business Growth

      1. REPORT OVERVIEW
      2. METHODOLOGY AND AI PLATFORM
      3. DATA-DRIVEN STRATEGIES FOR YOUR COMPANY
      4. GLOSSARY AND DEFINED TERMS

    2. 2. EXECUTIVE SUMMARY

      A Brief Snapshot of Market Dynamics

      1. ESSENTIAL FINDINGS
      2. MARKET TRENDS This Section is Exclusive to the Professional EditionPRO

    3. 3. MARKET OVERVIEW

      Analyzing the Current Market Landscape and Future Prospects

      1. MARKET SIZE: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
      2. CONSUMPTION BY REGION: HISTORICAL DATA (2012–2025) AND FORECAST (2026–2035)
      3. MARKET PROJECTIONS TO 2035

    4. 4. DIVERSIFICATION OPPORTUNITIES

      Identifying New Products for Business Diversification

      1. PRODUCTS IDEAL FOR BUSINESS DIVERSIFICATION
      2. TOP-SELLING PRODUCTS
      3. MOST UTILIZED PRODUCTS
      4. HEAVILY TRADED PRODUCTS
      5. TOP EXPORT PRODUCTS IN TERMS OF PROFITABILITY

    5. 5. KEY SUPPLYING NATIONS

      Identifying Optimal Countries for a Sustainable Supply Chain

      1. TOP SOURCING COUNTRIES
      2. MAJOR PRODUCTION COUNTRIES
      3. LEADING EXPORTING NATIONS
      4. LOW-COST EXPORTERS

    6. 6. PROMISING OVERSEAS MARKETS

      Targeting Countries to Enhance Your Export Strategy

      1. TOP INTERNATIONAL MARKETS FOR EXPORTING
      2. LEADING CONSUMER MARKETS
      3. UNDERSERVED MARKETS
      4. TOP IMPORT MARKETS
      5. PROFITABLE MARKETS

    7. 7. PRODUCTION INSIGHTS

      Recent Trends and Insights across Industries

      1. PRODUCTION VOLUME AND VALUE: HISTORICAL DATA (2012–2025) AND PROJECTIONS (2026–2035)
      2. PRODUCTION PER COUNTRY: HISTORICAL DATA (2012–2025) AND PROJECTIONS (2026–2035)

    8. 8. IMPORT DATA

      Leading Countries for Imports

      1. IMPORTS: HISTORICAL DATA (2012–2025) AND PROJECTIONS (2026–2035)
      2. IMPORTS BY COUNTRY: HISTORICAL DATA (2012–2025) AND PROJECTIONS (2026–2035)
      3. IMPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2025) AND PROJECTIONS (2026–2035)

    9. 9. EXPORT DATA

      Leading Destinations for Exports

      1. EXPORTS: HISTORICAL DATA (2012–2025) AND PROJECTIONS (2026–2035)
      2. EXPORTS BY COUNTRY: HISTORICAL DATA (2012–2025) AND PROJECTIONS (2026–2035)
      3. EXPORT PRICES BY COUNTRY: HISTORICAL DATA (2012–2025) AND PROJECTIONS (2026–2035)

    10. 10. MAJOR PRODUCER PROFILES

      Profiles of the Leading Producers in the Market

    11. 11. COUNTRY PROFILES

      Profiles of Major Markets

      This Section is Exclusive to the Professional Edition
      PRO

      1. 11.1

        United States

        • Market Size
        • Production
        • Imports
        • Exports

      2. 11.2

        China

        • Market Size
        • Production
        • Imports
        • Exports

      3. 11.3

        Japan

        • Market Size
        • Production
        • Imports
        • Exports

      4. 11.4

        Germany

        • Market Size
        • Production
        • Imports
        • Exports

      5. 11.5

        United Kingdom

        • Market Size
        • Production
        • Imports
        • Exports

      6. 11.6

        France

        • Market Size
        • Production
        • Imports
        • Exports

      7. 11.7

        Brazil

        • Market Size
        • Production
        • Imports
        • Exports

      8. 11.8

        Italy

        • Market Size
        • Production
        • Imports
        • Exports

      9. 11.9

        Russia

        • Market Size
        • Production
        • Imports
        • Exports

      10. 11.10

        India

        • Market Size
        • Production
        • Imports
        • Exports

      11. 11.11

        Canada

        • Market Size
        • Production
        • Imports
        • Exports

      12. 11.12

        Australia

        • Market Size
        • Production
        • Imports
        • Exports

      13. 11.13

        South Korea

        • Market Size
        • Production
        • Imports
        • Exports

      14. 11.14

        Spain

        • Market Size
        • Production
        • Imports
        • Exports

      15. 11.15

        Mexico

        • Market Size
        • Production
        • Imports
        • Exports

      16. 11.16

        Indonesia

        • Market Size
        • Production
        • Imports
        • Exports

      17. 11.17

        Netherlands

        • Market Size
        • Production
        • Imports
        • Exports

      18. 11.18

        Turkey

        • Market Size
        • Production
        • Imports
        • Exports

      19. 11.19

        Saudi Arabia

        • Market Size
        • Production
        • Imports
        • Exports

      20. 11.20

        Switzerland

        • Market Size
        • Production
        • Imports
        • Exports

      21. 11.21

        Sweden

        • Market Size
        • Production
        • Imports
        • Exports

      22. 11.22

        Nigeria

        • Market Size
        • Production
        • Imports
        • Exports

      23. 11.23

        Poland

        • Market Size
        • Production
        • Imports
        • Exports

      24. 11.24

        Belgium

        • Market Size
        • Production
        • Imports
        • Exports

      25. 11.25

        Argentina

        • Market Size
        • Production
        • Imports
        • Exports

      26. 11.26

        Norway

        • Market Size
        • Production
        • Imports
        • Exports

      27. 11.27

        Austria

        • Market Size
        • Production
        • Imports
        • Exports

      28. 11.28

        Thailand

        • Market Size
        • Production
        • Imports
        • Exports

      29. 11.29

        United Arab Emirates

        • Market Size
        • Production
        • Imports
        • Exports

      30. 11.30

        Colombia

        • Market Size
        • Production
        • Imports
        • Exports

      31. 11.31

        Denmark

        • Market Size
        • Production
        • Imports
        • Exports

      32. 11.32

        South Africa

        • Market Size
        • Production
        • Imports
        • Exports

      33. 11.33

        Malaysia

        • Market Size
        • Production
        • Imports
        • Exports

      34. 11.34

        Israel

        • Market Size
        • Production
        • Imports
        • Exports

      35. 11.35

        Singapore

        • Market Size
        • Production
        • Imports
        • Exports

      36. 11.36

        Egypt

        • Market Size
        • Production
        • Imports
        • Exports

      37. 11.37

        Philippines

        • Market Size
        • Production
        • Imports
        • Exports

      38. 11.38

        Finland

        • Market Size
        • Production
        • Imports
        • Exports

      39. 11.39

        Chile

        • Market Size
        • Production
        • Imports
        • Exports

      40. 11.40

        Ireland

        • Market Size
        • Production
        • Imports
        • Exports

      41. 11.41

        Pakistan

        • Market Size
        • Production
        • Imports
        • Exports

      42. 11.42

        Greece

        • Market Size
        • Production
        • Imports
        • Exports

      43. 11.43

        Portugal

        • Market Size
        • Production
        • Imports
        • Exports

      44. 11.44

        Kazakhstan

        • Market Size
        • Production
        • Imports
        • Exports

      45. 11.45

        Algeria

        • Market Size
        • Production
        • Imports
        • Exports

      46. 11.46

        Czech Republic

        • Market Size
        • Production
        • Imports
        • Exports

      47. 11.47

        Qatar

        • Market Size
        • Production
        • Imports
        • Exports

      48. 11.48

        Peru

        • Market Size
        • Production
        • Imports
        • Exports

      49. 11.49

        Romania

        • Market Size
        • Production
        • Imports
        • Exports

      50. 11.50

        Vietnam

        • Market Size
        • Production
        • Imports
        • Exports

    12. LIST OF TABLES

      1. Key Insights for 2025
      2. Market Volume (Physical Terms): Historical Data (2012–2025) and Projections (2026–2035)
      3. Market Value: Historical Data (2012–2025) and Projections (2026–2035)
      4. Per Capita Consumption by Country (2022–2025)
      5. Production (Physical Terms) by Country: Historical Data (2012–2025) and Projections (2026–2035)
      6. Imports (Physical Terms) by Country: Historical Data (2012–2025) and Projections (2026–2035)
      7. Imports (Value Terms) by Country: Historical Data (2012–2025) and Projections (2026–2035)
      8. Import Prices by Country: Historical Data (2012–2025) and Projections (2026–2035)
      9. Exports (Physical Terms) by Country: Historical Data (2012–2025) and Projections (2026–2035)
      10. Exports (Value Terms) by Country: Historical Data (2012–2025) and Projections (2026–2035)
      11. Export Prices by Country: Historical Data (2012–2025) and Projections (2026–2035)

    13. LIST OF FIGURES

      1. Market Volume (Physical Terms): Historical Data (2012–2025) and Projections (2026–2035)
      2. Market Value: Historical Data (2012–2025) and Projections (2026–2035)
      3. Consumption by Country (2025)
      4. Market Volume Forecast to 2035
      5. Market Value Forecast to 2035
      6. Market Size and Growth by Product
      7. Average Per Capita Consumption by Product
      8. Exports and Growth by Product
      9. Export Prices and Growth by Product
      10. Production Volume and Growth
      11. Exports and Growth
      12. Export Prices and Growth
      13. Market Size and Growth Overview
      14. Per Capita Consumption Analysis
      15. Imports and Growth Trends
      16. Import Prices Overview
      17. Production (Physical Terms): Historical Data (2012–2025) and Projections (2026–2035)
      18. Production (Value Terms): Historical Data (2012–2025) and Projections (2026–2035)
      19. Production by Country (2025)
      20. Production (Physical Terms) by Country: Historical Data (2012–2025) and Projections (2026–2035)
      21. Imports (Physical Terms): Historical Data (2012–2025) and Projections (2026–2035)
      22. Imports (Value Terms): Historical Data (2012–2025) and Projections (2026–2035)
      23. Imports (Physical Terms) by Country (2025)
      24. Imports (Physical Terms) by Country: Historical Data (2012–2025) and Projections (2026–2035)
      25. Imports (Value Terms) by Country: Historical Data (2012–2025) and Projections (2026–2035)
      26. Import Prices by Country: Historical Data (2012–2025) and Projections (2026–2035)
      27. Exports (Physical Terms): Historical Data (2012–2025) and Projections (2026–2035)
      28. Exports (Value Terms): Historical Data (2012–2025) and Projections (2026–2035)
      29. Exports (Physical Terms) by Country (2025)
      30. Exports (Physical Terms) by Country: Historical Data (2012–2025) and Projections (2026–2035)
      31. Exports (Value Terms) by Country: Historical Data (2012–2025) and Projections (2026–2035)
      32. Export Prices by Country: Historical Data (2012–2025) and Projections (2026–2035)

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