🔥 Wall Street Encryption Daily | 2025/11/20

🌟 Title: US Stocks Stabilize, Can the Encryption Market Continue to Surge?

📌 Core Summary

NVIDIA's earnings report "ignited" the market! On Wednesday, as US stocks stopped declining and stabilized, the rebound momentum in the encryption market continued.

However, there is still fog ahead:

Focus shifts to non-farm: Despite being "late" due to the government shutdown, September's non-farm data remains a key window for insight into the weak labor market. The economic outlook is difficult to be optimistic about, casting a shadow over any potential rebound.

We accurately predicted yesterday! At the bottom buying point indicated in the "Daily Report", fans have successfully executed swing arbitrage. Today, we will continue to work hard to clarify the key resistance and support for you.

⚡ Today's Operation Strategy

The current key resistance zone for Bitcoin is between $93,800 and $95,600; if there is a pullback, the important support zone below is between $91,100 and $89,500.

The resistance zone for Ethereum is seen at 3150 to 3250 USD; the solid support zone below is located at 2970 to 2870 USD.

🛡 Risk Control Red Line (Strictly Adhere to Discipline)

For Bitcoin, it is recommended to set the stop loss for the bears at 97500 dollars, and for the bulls at 88000 dollars.

In terms of Ethereum, the short position stop-loss reference is $3300, and the long position stop-loss reference is $2800.

"The True Sutra of Bitcoin" - Amidst the rising winds and surging clouds, you and I hold a single thought together.