http://Greeks.Live Chinese Community Daily Briefing ===== Release date: November 20, 2025 Overall market sentiment ===== There is a clear divergence in the community regarding the market direction: bulls believe that a temporary bottom has formed around 88500 and expect a rebound to the range of 92000-97000; Bears emphasize the suppression of moving averages and liquidity issues, believing that an uptrend is only a rebound opportunity and should be shorted at high prices. The key points of disagreement are whether the low point of 88500 last night was the true bottom, and whether 90200 and 92000 can become effective support levels. The market generally expects significant fluctuations tonight, and most traders choose to stay up late to monitor the market. hot topic ===== Controversy over rebound target level: Technical experts believe that the daily rebound target level is at 105000 (daily MA250 level), and if it breaks through this level, it may continue to rise to 112000; Conservatives believe that a rebound to 95000 is already strong, and there is a high probability of sideways fluctuations in November. It will take until the end of December to break through the new high • Active option strategy: Multiple traders have started making profits by buying deep virtual call options around 90000, while some traders have also laid out DOGE doomsday butterfly strategies with a target delivery of 92000; There are also plans to close out calls and open 70000 puts to hedge downside risks after rebounding to 105000 SOL's relatively strong performance: SOL has shown resilience in this round of adjustment, with a 12 hour golden cross formed and performing better than ETH. SOL/BTC and SOL/ETH trading pairs continue to strengthen, attracting some funds to shift from ETH to SOL for band operations