[Morning Market Update] Bitcoin 130 million won… 33% of stocks advancing

South Korea’s crypto market opened weaker on Nov. 11, with combined 24-hour volume on Upbit and Bithumb at 2.0 trillion won and only 15 of the 45 tokens trading above 50 billion won in volume posting gains, a 33% advance ratio. Bitcoin fell 1.8% to 103 million won and Ethereum dropped 3.6% to 2.79 million won. Poliswarm led gainers on Upbit, surging 32.5% to 13.1 won on 29.1 billion won in volume, while Caldera rose 10.4% and Mapleflower added 10.3%; Wave tumbled 22.7% and Inicia lost 15.1%. Hyperliquid topped absolute volume at 183 billion won. The broad weakness in majors alongside thin breadth signals risk-off sentiment concentrated in select altcoins, with traders watching whether Bitcoin holds the 100 million won level and whether volume rotates back into large caps.