Trading Moment

: Bitcoin rebound faces a test from a dense supply area of $93000-96000 The Thanksgiving holiday caused the US market to be closed, and US stock index futures fell flat. Crude oil rebounded due to OPEC+'s continued suspension of production policies, but the prospect of Russia Ukraine peace talks triggered a flash drop during the trading session. Spot gold was boosted by expectations of the Federal Reserve's December interest rate cut and briefly broke through $4190. The price of Bitcoin rebounded to around $92000, but faced resistance from a dense supply area of $93000 to $96000. Analysts warn that if it cannot break through $108000 in the next four weeks, it may confirm a bear market and fall to $60000. The key support level is around $84000. The price of Ethereum has surpassed $3000, but on chain data shows that large investors lack bullish sentiment. If we can hold onto the support of $2800, we may explore the range of $3300 to $3400; If it falls, it may drop to $2600. The South Korean exchange Upbit has been hacked, resulting in a loss of approximately $36.81 million in Solana ecosystem assets, suspected to be the work of a North Korean hacker group. The platform has suspended access services and promised to fully compensate users. Today's outlook: including the listing of Huaxia Hong Kong Dollar Digital Currency Fund, delisting of some trading pairs on Binance, unlocking of Jupiter and other tokens, as well as product updates for multiple projects.