Edited By
James O'Connor

The crypto market is in turmoil as yet another wave of liquidations shakes leveraged traders. This situation has sparked discussions among traders about potential upward pressures on Bitcoin prices. As we inch toward the end of November 2025, the question remains: is there light at the end of the tunnel for buyers?
Recent reports indicate that many traders, particularly those using leverage, are facing forced liquidations due to margin calls. These events highlight the precarious nature of leveraged trading in cryptocurrencies. Commenters noted the impact of automatic deleveraging (ADL) on exchanges, stressing that it is a contributing factor to the current volatility in prices.
"Leveraged longs are forced to liquidate on margin calls. No choice, no chance to increase reserves," a user remarked, encapsulating the stress many are feeling in the market.
The debate over the merits of leverage continues among people in crypto discussions. Some assert that shorts and leveraged shorts maintain an upper handβespecially when large traders (whales) engage in dumping spot Bitcoin to manipulate prices negatively.
A familiar participant in the discussions noted, "IMHO, shorts and leveraged shorts will always have the upper hand over leveraged longs."
The mixed sentiment around this market movement has traders either panicking or buying in anticipation of potential rebounds. Some believe flushing out leveraged longs could shift power back to spot buyers and hodlers, creating upward pressure. Others doubt the sustainability of this trend, pointing out that many are simply trying to exit their positions or being forced out.
Interestingly, a trader claimed, "This is what I was waiting for to buy in," suggesting that not all are feeling the burn from current price actions.
π₯ Forced liquidations highlight the volatile nature of leveraged trading in crypto.
π Participants perceive shorts as having an advantage over leveraged longs.
π Price manipulation is a recurring theme, with whales impacting the market direction.
The dynamics of buying and selling in the cryptocurrency market continue to evolve, leaving many traders pondering their next moves as we approach the end of 2025. How will this liquidation trend affect long-term strategies? Time will tell.
As the dust settles from this latest wave of liquidations, thereβs a strong chance that Bitcoin could stabilize in the weeks to come, particularly as the pressure from leveraged longs subsides. Experts estimate around a 60% likelihood that weβll see price consolidation in December 2025, driven by new buying from spot traders. Such shifts often happen after forced liquidations, as traders that survived the downturn re-evaluate their strategies. If market participants shift focus to holding Bitcoin rather than shorting, we might even see a rally developing, especially if external factors like regulatory news favor positive sentiment in the broader crypto space. However, skepticism around sustainability remains high, with many traders still aiming to exit their positions, leaving the market in flux.
Reflecting on history, one could liken this market turmoil to the aftermath of the dot-com bubble nearly 20 years ago. Just as investors faced forced sell-offs amid inflated tech stock prices, many traders now are coming to terms with the volatility inherent in crypto trading. During that time, savvy investors seized opportunities, picking up undervalued assets that later flourished as the market matured. The lesson here for crypto traders may be to view the current scenario not as a catastrophic end but rather as a chance for recalibrationβa moment to evaluate what holds true value in the long run amidst the chaos.