Hi everyone,

We hope you had a great Thanksgiving and got some time to unplug. We did the same at Validator Digital. The long weekend was a welcome chance to slow down and spend time with loved ones.

We also did not want to skip a touchpoint this week. Part of the value in building Validator is staying connected not just through charts and execution, but as people. So for this edition, we are keeping things simple with a clean market update and a quick look at what our main author’s weekend looked like.

- Validator Digital

Crypto markets continue to move in a choppy and directionless range. The brief Thanksgiving bump brought some excitement, but prices crashed over the weekend and returned to pre-Thanksgiving levels. Only to have another large bump today. November closed as one of the worst Novembers for crypto, ever.

Bitcoin and Ethereum remain structurally sound, but intraday action has been defined by quick reversals and thin liquidity. Altcoins continue to rotate without forming any sustained trend.

One positive development is that spot crypto ETFs saw net inflows for the first time in six weeks. It is not a decisive shift in sentiment, but it is a constructive sign that larger participants could be slowly stepping back in.

Overall, the market still appears to be searching for direction as we head into December.

“I spent Thanksgiving in Miami with my wife’s family. One of the highlights was volunteering at their church (see photo), where we helped deliver meals to people in the community. It was a meaningful way to start the day and a reminder of how important it is to show up for others whenever we can.

The rest of the weekend was spent with family, relaxing with the least amount of screen time possible, and enjoying the break. I hope you were able to spend the holiday in a way that felt good and restorative for you.” - Michael Ross

Taking a break from learning this week…we’ll be back next week!

Next Week: What is a Smart Contract?

Blockchain 101: 2 min quiz on the foundation (Blockchain 101)

Thanks for reading this week.

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See you next week,

Don’t speculate, validate.
- Validator Digital

Disclaimer: Individuals have unique circumstances, goals, and risk tolerances, so you should consult a certified investment professional and/or do your own diligence before making investment decisions. The author is not an investment advisor and may hold positions in the assets covered. Certified professionals can provide individualized investment advice tailored to your unique situation. This newsletter is for general educational purposes only, is not individualized, and as such should not be construed as investment advice.