Wall Street Encryption Daily 2025/11/22

🔥 Title: Market Squats to Jump? Waiting for the Bulls to Show Their Sword Next Week!

📉 Today's focus: Taking a step back is for jumping further.
The expectation of a Federal Reserve interest rate cut has been clouded, U.S. stocks have retreated from high levels, and the encryption market continues to face pressure this week. Most mainstream cryptocurrencies have fallen sharply, nearly erasing their gains for the year — the leading Bitcoin even plunged to the $80,000 mark at one point, inching closer to the key yearly low of $75,000.

🔄 Technical Outlook: Consolidation at the Bottom, Rebound is Gaining Momentum
The weekly and daily structures indicate that the market is entering a critical "support confirmation zone." From this weekend to early next week, Bitcoin is expected to complete a second bottom in the range of 75,000 to 80,000, gradually accumulating bullish momentum for a rebound. The current strategy should not be panic, but rather to wait for a good opportunity.

⚡ Operation Strategy: Key Position, Wait and See
In terms of Bitcoin, the resistance zone above can be focused on 85500 to 87900 dollars, while the support zone below can be focused on 82700 to 80600 dollars.
On the Ethereum side, the upper resistance zone is between $2800 and $2900, while the lower support zone is between $2700 and $2650.

🛡 Risk control red line: Discipline is the last moat.
Bitcoin risk control points: Short position stop loss reference at 89000 USD, long position stop loss reference at 79500 USD.
Ethereum risk control points: Short stop loss reference at 3000 USD, long stop loss reference at 2600 USD.

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