11.21 Panic Sell-Off Wave 1. Yesterday, U.S. stocks opened high but closed low, with the tech/crypto sectors leading the decline. BTC also saw a rapid drop with high trading volume, triggering market panic sell-offs. 2. The $BTC 74,000-86,000 range is the previous major low point and won't be broken in one go. This range will likely see a strong rebound. 3. Since $BTC hit 107,000, the hourly chart has consistently shown a bearish LL trend. For a rebound, it first needs to create an HH to break the bearish market structure.