CoinEx Research November 2025 Report: Painvember's Brutal Reality Check

What we drew from this source

The claims Via News extracted from this document. We point to the source; we don't replace it.

• Prediction market has successfully transitioned from 'event-driven' model to phase of 'normalized high liquidity'

  80% confidence

• The monopolistic structure of AI infrastructure might be loosening

  80% confidence

• Bull case: if stablecoin inflows maintain slight growth, current adjustment could end within a quarter similar to May 2024

  80% confidence

• Next period's stablecoin data is extremely critical and could determine if crypto enters short-term correction or 6+ month bear cycle

  80% confidence

• November 2025 (Painvember) is a brutal reality check after October's euphoric highs

  80% confidence

• As crypto becomes increasingly institutionalized, macroeconomic factors will play an outsized role in dictating price action

  80% confidence

• ZEC's current cycle may not yet be over as it is driven by fundamentals and spot demand

  80% confidence

• kimi-k2-thinking marks an intensification of global open-source AI model competition and provides decentralized AI community with new low-cost, high-efficiency model option

  80% confidence

• BTC is highly likely to retest the $80k zone, and a break below could lead to decline toward $73k

  80% confidence

• Bear case: if stablecoin flows shift to significant outflows, could signal bear market lasting at least 6 months similar to April 2022

  80% confidence

• Bitcoin must defend the critical $80,000-$82,000 support zone to avert a deeper bear phase

  80% confidence

• Betmoar's volume dominance highlights an 'extreme head effect' driven by superior UX or specific incentives

  80% confidence

• Long-tail Polymarket front-ends are critical to overall censorship resistance and global market penetration

  80% confidence

Cited in these Via News reports

• AI Trading Algorithms Spread Across Global Crypto Markets as Regulators Tighten Oversight →
• AI Trading Platforms Launch Volatility-Adaptive Systems as VIX Spikes to 32% Across Global Markets →
• AI Trading Systems Deploy Across Global Crypto Markets as Institutional Firms Race for Speed →
• Deep Learning Trading Systems Spread From Wall Street to Retail Platforms Across 50+ Countries →
• Flow Traders Deploys Deep Learning in Live Trading as Retail Platforms Open AI-Powered Access Globally →
• Flow Traders Launches Deep Learning Unit as Global Crypto Exchanges Race to Deploy AI Trading Systems →
• Flow Traders and BitMart Deploy Neural Networks for Crypto Trading as Bitcoin Volatility Exposes Algorithmic Limits →
• Google TPU Chips Run Autonomous Crypto Traders Across Global Exchanges as AI Moves from Lab to Live Markets →
• Market Makers Worldwide Deploy AI Trading Systems to Handle Millisecond Volatility Shifts →
• Meta Shifts to Google TPUs as AI Trading Systems Deploy in Live Crypto Markets →
• Trading Firms Deploy AI Execution Systems as Q4 Volumes Hit Records Across Global Markets →
• Trading Firms Race to Deploy AI Systems as Global Markets Shift to Machine-Speed Execution →