November 8 Crypto Circle Morning Report: Cryptocurrency Market Rebounds Across the Board, How Will the Weekend Market Move?

CN
12 hours ago

Tracking real-time hotspots in the cryptocurrency market and seizing the best trading opportunities. Today is Saturday, November 8, 2025. I am Wang Yibo! Good morning, crypto friends! ☀️ Die-hard fans check in 👍 Like to make big money 🍗🍗🌹🌹

==================================

💎

💎

==================================

【Market Linkage Express】The three major U.S. stock indices closed mixed, ending a previous three-week streak of gains, bringing a phase of emotional impact to the crypto market. Specifically: the Nasdaq fell 0.21%, down 3.04% for the week; the S&P 500 rose 0.13%, down 1.63% for the week; the Dow Jones rose 0.16%, down 1.21% for the week.

Large tech stocks showed a mixed trend, with Tesla down over 3%, Google down more than 2%, and Apple and Microsoft slightly down (with Microsoft experiencing an 8-day consecutive decline, the longest since November 2011); Intel rose over 2%, while Nvidia, Netflix, Amazon, and Meta saw slight increases.

The news front is also worth noting: Trump stated he does not know when the U.S. government shutdown will end, compounded by the "difficult" U.S. non-farm payroll data, intertwining market risk aversion and speculative sentiment. However, against this backdrop, the crypto market strengthened against the trend, rebounding across the board, with Bitcoin and Ethereum both surging, and altcoins frequently switching sectors, with old coins showing strong recovery. The contract market also saw a large-scale liquidation, with shorts being completely wiped out! Follow Yibo to grasp real-time dynamics in a timely manner~

==================================

💎

💎

==================================

【Bitcoin Market Analysis】Bitcoin's performance yesterday was remarkable, showcasing a three-stage trend of "initial rebound, then correction, followed by explosion." In the early trading phase, the price began a rebound from around $100,600, with bullish momentum gradually releasing, peaking at around $102,480. However, there was strong resistance near this level, and the market failed to achieve an effective breakthrough, subsequently entering a correction phase.

By the evening trading session, the correction intensified significantly, dipping to around $99,200. A key turning point emerged: this low triggered strong buying support, and Bitcoin subsequently launched a significant rebound, with momentum stronger than in the early session, peaking near the critical level of $104,000, refreshing recent highs! Unfortunately, this high did not stabilize effectively, and due to profit-taking, the price experienced slight pressure and retreated.

【Weekend Market Prediction】Considering factors such as reduced institutional trading activity and weakened market liquidity over the weekend, it is expected that Bitcoin's volatility will significantly narrow compared to the week, likely consolidating within the key support and resistance range.

==================================

💎

💎

==================================

【Ethereum Market Analysis】Ethereum's performance yesterday mirrored that of Bitcoin, also showing a strong rebound after probing the lows. The market started from a low of $3,240, exhibiting a fluctuating upward trend during the day, with bulls steadily advancing, peaking at $3,370. However, influenced by the overall market correction atmosphere, bullish momentum weakened in the afternoon, and the price entered a correction phase again.

In the evening session, Ethereum stabilized after correcting to around $3,190, forming a new support platform compared to the previous day's low, laying the foundation for a rebound. Subsequently, bulls exerted full force, rapidly rebounding and breaking through the previous resistance level of $3,370, continuing to rise, currently peaking near $3,470. At this high level, shorts began to intervene, temporarily putting pressure on the price, which entered a short-term consolidation state.

=================================

💎

💎

==================================

If you are feeling lost—don’t understand the technology, can’t read the charts, don’t know when to enter the market, don’t know how to stop losses, don’t understand take profits, randomly increase positions, get stuck at the bottom, can’t hold onto profits, miss market opportunities… these are common problems for retail investors. But don’t worry, I can help you establish the correct trading mindset. A single profit is worth a thousand words; repeated failures are not as good as finding the right direction. Instead of frequent operations, it’s better to strike accurately, making each trade more valuable. If you need real-time guidance, you can scan the QR code at the bottom of the article to follow my public account. The market changes rapidly, and due to the timeliness of reviews, subsequent trends will be based on real-time layouts. I look forward to steadily moving forward with you in the market.

免责声明:本文章仅代表作者个人观点,不代表本平台的立场和观点。本文章仅供信息分享,不构成对任何人的任何投资建议。用户与作者之间的任何争议,与本平台无关。如网页中刊载的文章或图片涉及侵权,请提供相关的权利证明和身份证明发送邮件到support@aicoin.com,本平台相关工作人员将会进行核查。

Share To
APP

X

Telegram

Facebook

Reddit

CopyLink