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|Legacy
BTCBTC
💲77501.60
+
0.85%
ETHETH
💲2128.43
+
0.74%
SOLSOL
💲86.09
+
2.03%
ZECZEC
💲655.81
+
17.35%
HYPEHYPE
💲54.39
+
12.75%
USDCUSDC
💲1.00
-
0%

Phyrex
Phyrex|Nov 27, 2025 22:29
Happy Thanksgiving, everyone! I'm so grateful to have you all by my side these past few years, helping me grow and become a better version of myself. Thank you so much, and I hope I can continue to be there for you in the future. Thanksgiving has been pretty chill. The market is still riding on the Fed's expectations for a rate cut in December, and investor sentiment is gradually improving. With no new data coming out, these days feel pretty relaxed. Even $BTC has a chance to keep climbing this week. After all, tomorrow is Black Friday, and it's only a half-day session, so there probably won't be much action. Then it's the weekend. In the short term, I'm keeping an eye on the Russia-Ukraine conflict. Just saw Putin's speech—it wasn't exactly friendly. But next week, a U.S. delegation will visit Russia to discuss a ceasefire. If that happens, it could really help with U.S. inflation, which in turn would help the Fed cut rates. The sooner rates are cut, the lower the chances of a recession. Looking at Bitcoin's data, today's turnover rate suddenly spiked. I didn't dive too deep into it, but usually, a turnover increase during a holiday like this doesn't impact prices much. It's probably just some exchange wallet adjustments, so no need to worry too much. This week will likely stay like this, with the main focus on December's FOMC meeting. Because of today's turnover, the fifth support structure has been adjusted. I made some tweaks to the support range, but the changes aren't significant. The chips in this range are starting to dissipate, and a new support level is gradually forming around $85,000. It's not there yet, but the signs are showing. The sixth support level remains unchanged, though I expanded it slightly. Overall, sentiment among losing investors is still pretty positive. Bitget VIP—lower fees, bigger perks!
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Timeline

Dec 27, 12:13The price movement of BTC is similar to the bottom in April.
Dec 26, 18:18The Federal Reserve's reverse repo operation accepted $20.339 billion.
Dec 26, 13:33Bitcoin pulls back 30%, potential tax-loss harvesting opportunity emerges
Dec 25, 18:46The expiration of BTC call options will impact short gamma hedging
Dec 25, 14:26Federal Reserve policy may affect Bitcoin and Ethereum price trends
Dec 25, 04:50BTC.D update: Dominance pulls back after a significant surge
Dec 24, 19:01Onshore RMB closed at 7.0160 against the USD in the night session.
Dec 24, 10:30Bitfinex expects liquidity to rise in 2026
Dec 24, 06:55Bitcoin continues to decline, testing 'safe-haven' trades
Dec 24, 04:14Liquidity is recovering, BTC is facing resistance

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