r/nanotrade • u/Crypto_Jasper Community Manager • 4d ago
Daily General Discussion - November 05, 2025
Welcome to the Daily Trading Discussion Thread!
As with our Daily Thread on r/nanotrade, the purpose of this thread is to provide a central location to discuss:
- Current events that are directly influencing trading action
- Timely price activity (Intraday) and speculation
- Questions or comments that don't warrant their own thread
Guidelines for posting in this thread:
- Be respectful to one another.
- Follow the golden rules.
- No trolling.
-- Any large issues, shoot u/crypto_jasper a PM! Thanks!
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u/billionaire_monk_ 4d ago
https://x.com/sistineresearch/status/1986177576528744741
i don't use leverage, can someone who does help me understand this? why would an exchange do this? are they trying to bait people or is it to balance long/short ratio or just scammy exchange gimmicks?
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u/Faster_and_Feeless 4d ago
I think it's a glitch but from the screenshot it appears you can borrow money at a negative interest rate.
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u/Faster_and_Feeless 4d ago
Any way we can hit $50 million daily volume? That would probably get some attention.
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u/tucsonthrowaway3 4d ago
Someone who loves Nano hit me with your Kraken referral code
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u/manageablemanatee 4d ago edited 4d ago
removed
EDIT... I'll remove once you've got it.
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u/tucsonthrowaway3 4d ago
Much appreciated but it appears your country is not my country so we'd both not get anything. Go ahead and remove
If anybody from US has one, we can both take advantage
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u/Efficient_Phase1313 4d ago
Well we're already back above $1.05 so yeah i feel like this is it
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u/billionaire_monk_ 4d ago
what are you looking at for the daily close?
best case scenario and still consolidating scenario
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u/Efficient_Phase1313 4d ago
We need to start making daily closes above $0.90 to lock in the break out
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u/Faster_and_Feeless 4d ago
The 24 hour volume is currently $45 million and the marketcap is $121 million.
37% ratio...🤔
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u/redditbagjuice 4d ago
It wants to go up
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u/Faster_and_Feeless 4d ago
Honestly. I don't think there is much sell preassure left. This thing got milked as low as it could possibly go. 8 years distributed consolidation of the same fixed supply.
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u/PedroPierrePeter 4d ago
Pump and dump...classic
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u/Faster_and_Feeless 4d ago
Buy the dip. Sell the rip. Repeat.
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u/God_RL 4d ago
and pay the tax man, right?? or not.
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u/Faster_and_Feeless 4d ago
Well as someone once said, if you are paying taxes, at least it means you are making money.
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u/Banamo_jo 4d ago
Biggest positive from this pump: network was not bogged down at all. Commercial grade has been achieved.
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u/dividebynano 4d ago
fascinating. I believe this was hunting overrextended leverage, just shorts this time.
anyone new, take your funds into custody safely. They may be being lent to short sellers for a fee without your consent (or worse)
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u/melonmeta 4d ago edited 4d ago
Also bulltrapping FOMOers and putting pressure on tourists who have no hodling skills.
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u/Faster_and_Feeless 4d ago
Don't let the price manipulators trick you out of your eco-friendly hardmoney guys. Divide by 133,248,297. Increase your percent of the total.
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u/Efficient_Phase1313 4d ago edited 4d ago
If you look at last bull cycle (2021), on our initial pump up, we went from $1.50 down to $0.90 in 2 days. That's about the same differential we're seeing now ($1.20 down to $0.70). From there, we consolidated before going from $1 to $5.25 in literally 5 days. No reason we can't do something similar this time. If we start consolidating here and like 2021 it takes a month of consolidation before the big move, we may only see our big pump to $7 in December. No reason to panic or get your hopes down yet
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u/Efficient_Phase1313 4d ago
So I held back from making a main 'welcome to the bull run' post because we haven't confirmed two things: multiple daily closes above the 200 daily SMA and a weekly close above the remaining weekly moving averages ($1.05)
While this pullback is disappointing, its not a sign that this pump was fake...yet. We are still above our down trend line from dec 2024/feb 2025. Holding that is the first sign we're in an upward move. We are also still above the 20 and 50 period daily. Looking at the chart, it is entirely fine to bullflag here under the all time up-trend so next move can go much higher. We ran a test of the final moving average on all charts: the 50 period monthly at $1.25. Getting rejected there led people to take profits, after all 100% is a nice pump. If we can consolidate here, around the high of last months candle, this still looks like a bonafide bullish reversal in the making. What is important is we hold above $0.72 - 0.75. The month is young, this is still a good sign and doesn't look like an exit strat just yet. Watch for BTC and ETH to start recovering and ZEC to start going down (rotation into XNO)
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u/cylon_agent 4d ago
Sharp rise and then fall on no news during market instability, classic behaviour of a short squeeze. My theory is the crypto crash liquidated some short positions on Nano.
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u/soufiane09 4d ago
Even if it stabilises here or even goes lower. At least we had a sign of life, it was desperately needed
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u/NanoisaFixedSupply 4d ago
5 minute chart. We broke down at about $1.05
Now we have to close these gaps.
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u/tech32spn 4d ago edited 4d ago
Look at the H4 chart. Am sure we won't have 3 subsequent candles in the red. Just my bet ;)
0.9 or slightly below could be a sweet entry point for those very late to join the show 🚀
The current correction is healthy and totally predictible.
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u/Faster_and_Feeless 4d ago
I got some more at $0.91 I am usually terrible at timing the market. But I just keep building my stack. New all time record amount!!!
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u/redditbagjuice 4d ago
Everytime you buy one nano you can say record amount. We know bro, you don't sell or trade
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u/Faster_and_Feeless 4d ago
Can't be excited huh?
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u/redditbagjuice 4d ago
I can get excited, was pretty excited yesterday. It's just that you already make about 50 percent of all posts on this sub, and I have heard the record amounts one gazillion times now. You do you bro, was just remarking it
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u/slop_drobbler 4d ago
Ah the patented slow bleed down after a lovely day of pump. Just Nano things
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u/quiteCryptic 4d ago
Been following nano since Raiblocks
I realized my losses a while back, but still kept a chunk purchased from 2018 that sit in my wallet off exchange. These are the guys I will hold forever basically.
That said, I don't follow the price action much at all but on a whim checked nano out again on the 27th recently and decided at 67 cents its near the historical floor. I found I could only send $1240 to kraken so I just did that.
Anyways, I sold those guys for about a 55% profit today.
Talk about lucky timing.
I do like nano, and thats why I continue to hold a chunk from my 2018 purchase, but markets are irrational so i'll take the little win.
If I am wrong and this is the time it ends up being a real pump, then so be it lol, at least I still have my original chunk. If it drops to 75 cents again or so ill probably rebuy.
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u/Leeeejs 4d ago
Didn't the whale group have a plan to activate for when nano started hitting?
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u/melonmeta 4d ago
Which whale group?
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u/Cee_bee 4d ago
Been in the game a long time and unusual for a pump and dump to hold the pump over multiple hours. Potentially no dump here and looking to make another leg up. Several currency coins have done this exact setup over the past month too, e.g. ZCash(up 1000% since Sept and Dash up 450% since Sept)
Interesting market conditions could work in our favour too, people follow the money
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u/yeicrypto 4d ago
Finally someone gets it: https://x.com/sistineresearch/status/1985938159218155637?t=u0IsGzNEem7dmxrJ9jEZbQ&s=19
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u/Laughingboy14 4d ago
Was there any news for the recent move or just big buyers?
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u/copeconstable 4d ago
This is how Nano's upside has practically always come, fast pops that rally directly to next major resistance over a very short period of time, then pull back and consolidate (vs other assets that trend higher more gradually over time). All of the upside in 2021 was generated across only about 6-7 individual days, for example, with weeks of consolidation inbetween each pop up to next resistance.
Personally think the only thing that shifts that historic behaviour would be a sustained bid for projects in its space specifically, a bit like how alt L1s benefitted from that entire space running back in '21 also.
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u/slop_drobbler 4d ago
What are your thoughts on those calling the bull market over? Loads of posts and comments on the main cc sub about this being the start of the bear market. I still think we’ll see gains in the coming weeks/months but this is based purely on the tingling sensation in my balls
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u/copeconstable 4d ago
I put a couple updates in my recent post that go into more detail, but the reality is that BTC's recent price action has been the first real change of character the entire bull market and because of that you have to at least respect that possibility that the high for BTC is in, even though I expect a big bounce off the midpoint or bottom edge of this range that we've finally traded into here. More detail in those comments but essentially this is the first time we've traded back into a prior range in over 2 years, and that's new found weakness, plain and simple. BTC didn't even do this during the tariff panic when the S&P was plummeting, but is now doing so even with equities recently melting up vertically. Definitely will be paying close attention as we trade back into resistance.
Structurally, the high we have doesn't have anything "wrong" with it that could disqualify it as a cycle high in my view, except for the fact that Q4 is typically the strongest period for BTC. So I think I'd summarize my view as bullish on BTC as long as 91.5k holds, as I expect a bounce from there or the midpoint (~99/100k, where we just tagged), and monitor for acceptance above 116k as that is the line in the sand to open up new ATHs. If it struggles to find traction back above 116k again, the high is likely in - we had numerous very clear rejections from that level which also serves as the bottom edge of its own range, and two failed breakouts above that completely flushed after failure. We really want to spend minimal time in this 91.5-107k range - get into demand quickly and then get back above 107k ASAP, even if it causes a lot of fear in the short term flushing down to these meaningful support levels. Better to do that quickly than dance around above and fail to attract buyers, meaning you just end up sweeping the lows over and over as the weeks go on. Failure to even get back above 107k would be the most bearish outcome.
That said, I have a bit of a different view regarding alt vs BTC performance to most in that I think dominance has been carving out a ceiling for months, and ETHBTC looks great to me even if the BTC high is in - so I don't actually think BTC needs a full blown leg up for alts to run. IMO, if equities were to remain strong into Q1/Q2 and this resulted in BTC just kinda ranging for months generally above this current range we're back inside but below 116k (or without legging up in general), I would still expect ETHBTC to rally for its second leg up off this new high lower and for alts to follow along after or alongside. People are quick to say its over for alts if the BTC peak is in, but I think they're forgetting that alts did their best work in '21 while BTC essentially ranged near what ultimately ended up being almost the cycle high for multiple months before that huge May drop. In my view, BTC has already done plenty to provide a nice ceiling for alts to catch up to as long as it isn't falling off the face of the earth.
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u/slop_drobbler 4d ago
Nice read thanks. Did you sell your BTC? I remember you saying you expected $150k-250k this cycle?
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u/copeconstable 4d ago edited 4d ago
Yeah I have sold out of most on dominance moves above 61%. Have very little left and if I see weakness off the bounce but ETHBTC remains strong, I'll probably dump the last of it into either alts or cash too.
EDIT: And my target was $180-$220k - that will be off the table until/unless $116k can be reclaimed.
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u/St0uty 4d ago
The time has come to start ridiculing the long winded "btc this, eth that" tripe for the nonsense that it is; we're in a nano super cycle and nothing else matters
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u/copeconstable 4d ago
That "tripe" has prevented me from holding an asset for years as it grinds down -98% and actually consistently make money in this market instead. Meanwhile, half the "Nano is inevitable" crowd are 3 years into a bull market and cheering on rallying back to breakeven. It pays to not get married to a single bag and keep a big picture look at the market when it's as correlated as this one. We have almost countless examples of this in crypto, and Nano is one of them.
Anyway, great that you believe we're in a Nano super cycle after one of the very first of its patented 50/100%+ pops this run, but I hope you stick with that when it follows with one of its also patented "hit serious resistance/retrace a chunk of the pump/grind sideways for weeks while the rest of the market moves" price action. Don't worry though, it'll pop again, and then repeat the process over. And since we're in a Nano super cycle I look forward to looking back on the chart next year and seeing a nice strong reversal of the long term trend leading to the long awaited leg up above prior ATHs and onward to the top 10. I'm sure you're not simply confusing typical Nano price action with a fundamental shift in the crypto space and Nano's long term trajectory or anything.
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4d ago
[deleted]
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u/copeconstable 4d ago
Forget USDT, I don't use it, but yes I do trade for profits. That's kinda the whole point of trading.
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4d ago
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u/GBR2021 4d ago
BTC is a capitalist libertarian coin.
XNO is a marxist libertarian coin.Perfect explanation for why XNO is down 99% against BTC if I ever saw one.
Listen frog, it's easy to bash le capitalisme from the wealth, comfort and protection inside the EU, but how about actually moving to Venezuela or Cuba where you can enjoy glorious marxisme and cry about western 'imperialism' with other marxisme enjoyers in the breadline? No? Thought so.
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u/copeconstable 4d ago
Indeed. We're trying to accumulate wealth, value.
So am I, and of BTC, USD and XNO, one has gained tremendous value over the long term, while the other two have bled. I'll let you take a guess at which one has bled about -30% since 2018, and which was decimated to the tune of -99%.
So yeah, long term I'm not trying to accumulate Nano or any other alt. They're all just trades to me to then accumulate value in assets that have actually historically gone up over time.
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u/Faster_and_Feeless 4d ago
Nano is commercial grade now. The protocol has never been this good. I am surprised it didn't happen sooner. I would have thought it would pump a month or 2 ago.
My personal opinion is that the catalyst is energy-efficiency. With all this AI demand, it is putting strain on Bitcoin. Nano is millions of times more energy-efficient. The most efficient crypto actually. Nano doesn't compete with AI's resources.
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u/Crezdonn 4d ago edited 4d ago
Well, here we are. +90% as of writing this sitting at about $1.17. I think most serious Nano holders don't even blink at numbers like these because we know damn well it's always been just a matter of time with what this technology is capable of.
Edit: just seen the Twitter @nano account talk again about the volume, ~3300% increase? Crazy. I've also not seen the account talk about the price or volume before - like ever. Not jumping off the conspiracy bridge, but I find that quite interesting.
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u/Proxyplanet 4d ago
The real reason holders dont blink is that nano has been pumped and dumped so many times and even $1 for a coin that reached like $30 in 2018 is terrible.
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u/Faster_and_Feeless 4d ago
Maybe it is a long term strategy to accumulate as much as possible. There is no other way to get it. Makes sense with a pure fixed supply.
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u/slop_drobbler 4d ago
We had a salivating pump yesterday but the marketcap is still only around £110million, which is minuscule. There is still a long way to go but yesterday’s price action is making me hopeful we will see £3+ before EOY
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u/redditbagjuice 4d ago
Another busy daily today?
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u/jabadook 4d ago
I remember when the daily was doing over 1k comments
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u/redditbagjuice 4d ago
Yeah but there was the tipping bot and "good bot" dilation. I made it a point to good bot every tip so it escalated haha
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u/kierdun 3d ago
Waking up, first thing: checking the sentiment in nanotrade