If Powell was trying to calm things down, it didn’t work on the hard‑money crowd. Peter Schiff, who has been hammering the case for gold and silver for years, immediately framed the market’s reaction as a referendum on the Fed.When I put those pieces together, it feels like the Fed is quietly saying, “We see it, but we’re not going to let gold bully us,” which is not the message metals traders wanted to hear.The combination of rate‑cut expectations, geopolitical stress and central‑bank diversification has d ...

Core Insights - The article provides a comprehensive market analysis covering major indices such as Nasdaq 100, S&P 500, Dow Jones Industrial Average, and Gold Spot US Dollar [1] Group 1: Market Indices - Nasdaq 100 shows significant movements influenced by technology stocks, reflecting broader market trends [1] - S&P 500 continues to demonstrate resilience amid economic fluctuations, indicating investor confidence [1] - Dow Jones Industrial Average remains stable, driven by traditional industrial sectors [1] Group 2: Commodities - Gold Spot US Dollar is experiencing price adjustments, influenced by global economic conditions and investor sentiment [1]

Core Insights - Bitcoin derivatives activity is expected to take two quarters to recover from the significant loss of $19 billion in open interest due to the flash crash on October 10 [1] - The medium-term outlook for Bitcoin derivatives remains constructive, with potential recovery to pre-shock levels by Q1 or Q2 2026 if macro conditions improve [2] - Current Bitcoin open interest in futures, options, and perpetual contracts is approximately $140 billion, down from $220 billion before the crash [3] Market Activity - Derivatives volumes peaked at $748 billion on the day of the crash but have stabilized around $300 billion for the past week [3] - There are significant clusters of bullish call contracts at the $140,000 and $200,000 strike prices, totaling $1.1 billion and $887 million respectively, with a notable $1.1 billion cluster at the $85,000 price indicating bearish sentiment [4] - The reduction in open interest suggests a quieter year-end expiry, which may help stabilize the market compared to previous high-leverage periods [5] Future Outlook - The market is expected to experience lighter positioning and reduced mechanical pressure heading into the year-end expiry, contributing to a healthier derivatives market setup for 2026 [5] - Activity is likely to cluster around key strike levels, with potential for short-term dislocations due to renewed volatility or ETF-related flows [5]

Group 1 - The article provides a market analysis covering key financial indicators such as Gold Spot in US Dollars, S&P 500, Nikkei 225, and Oracle Corporation [1] Group 2 - The analysis includes insights into the performance of Gold Spot, indicating its fluctuations against the US Dollar [1] - The S&P 500 index is discussed, highlighting its recent trends and movements in the market [1] - The Nikkei 225 index is analyzed, reflecting its performance in the context of the broader market [1] - Oracle Corporation's performance is examined, focusing on its financial results and market position [1]