Nifty Bank index began today’s session with a gap-down at 59,217 versus Friday’s close of 59,252. It further dropped after opening and is now at 59,160, down 0.15 per cent.The advance-decline ratio stands at 5-9, showing a bearish sign. IndusInd Bank (up 1 per cent) and AU Small Finance Bank (up 0.4 per cent) are the top gainers.On the other hand, IDFC First Bank (down 0.7 per cent) is the top loser followed by HDFC Bank, Canara Bank and Kotak Mahindra Bank, each down by 0.5 per cent.Both Nifty PSU Bank and ...

Core Viewpoint - Market timers are exhibiting extreme exuberance, which is considered bearish for both stocks and gold [1] Group 1 - The current sentiment among market timers indicates a high level of optimism, which typically precedes a market correction [1] - This exuberance is likely to lead to downward pressure on stock prices as well as gold [1]

Market Analysis - Technical Analysis (TA) and free education are emphasized, prioritizing price action over on-chain analysis [1] - On-chain analysis is considered wildly misleading due to its reliance on numerous assumptions [1] - Price action is considered the most important factor, with other information deemed "infotainment" [1] - The market outlook is bearish, with a potential Bitcoin recovery not expected for the next 3-6 months [1] - A real bull rally is anticipated to begin next year when liquidity returns [1] Liquidity - Macro liquidity is more important than the on-chain cycle [2] - Dollar liquidity is a key factor [2]

Group 1 - A social media personality, YoungHoon Kim, predicts Bitcoin will surge to $220,000 within the next 45 days, claiming to have an IQ of 276 [2][7] - The prediction has faced significant skepticism from the crypto community, with many users expressing doubts about Kim's credibility [3][7] - Analysts from CCN highlight bearish technical signals for Bitcoin, including a weekly close below the 50-week moving average and a drop in the Relative Strength Index (RSI) [4] Group 2 - Valdrin Tahiri from CCN expects Bitcoin to trade between $71,000 and $95,000 by year-end, citing major support near the lower end of that range [5] - JPMorgan analysts maintain a long-term bullish outlook for Bitcoin, projecting it could reach $170,000 within 6–12 months based on a gold-parity valuation model [5][8] - Bitcoin's current global production cost is approximately $94,000, which acts as a strong price floor [6]