11.25 Midnight Brief Analysis

Today’s market was full of choppy fluctuations throughout the day, testing everyone's patience. Just now, there was a sharp plunge breaking below last night’s low! The next focus is on the rebound at 87400; if it cannot push higher, the price will continue to decline.

This narrow fluctuation market doesn’t require urgency. Shorting on rebounds is more comfortable than longing, so start with a light position to reserve, then fine-tune after entering!

If Bitcoin breaks the previous low again, it’s likely to retest the 19th’s low around 845; if the second coin breaks down again, it will test the major supports at 2810 and 2775. As long as these key supports hold, there will be a rebound, so consider short-term longs with a light position!

Bitcoin advice: Short around 87450 on rebounds. If the rebound cannot hold, the market remains weak. Supports below are sequentially 86360→85260→83830.

Only if it stabilizes above 87450 and holds for 1-2 hours will a rebound begin. The initial resistance levels are 88230, then 88920, and ultimately 89600#2025Gate年度账单