These Forces Divide The Market — TradingView News

On November 2, 2025, crypto analyst Ignas | DeFi distilled crypto’s current standoff into a clean ledger of pros and cons.

The Bearish Case For Crypto

The first bear pillar is the “AI bubble” overhang. Late-October headlines crystallized the debate as Nvidia briefly breached a $5 trillion market value, a milestone that sharpened concern that equity valuations tied to AI infrastructure spending may be running ahead of realized returns.

Point two—“bullish news fail to pump”—was on display as “Uptober” ended with a whimper for the crypto market. Despite intermittent policy tailwinds and strong ETF inflows mid-month, both Bitcoin and Ethereum faded into month-end, and US spot ETF flows turned sharply negative over the final…

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