Attention everyone, the bottom-fishing opportunity is apparent; please stay alert.

At 1 a.m., news of Trump's sudden change of stance was released, and the market became unsettled again. Watching Bitcoin approach the $680 support level, the news triggered an immediate reaction. The decline halted and quickly rebounded. However, the good times didn't last long, as it faced resistance around the $694 area. Today, being Black Friday, it’s indeed not a coincidence.

The bears are performing solo, directly putting the bulls on the ground to struggle. This is indeed the case; intra-day bulls have been quite miserable, with Bitcoin temporarily falling below the $660 support. Our previously arranged swing short position is now a big win. Currently, Bitcoin is fluctuating around the $660 area. Will it continue to fall?

From the daily chart perspective, consecutive large bearish candles confirm a bearish trend. In the short term, the downward trend is clear, structurally resonating with the four-hour decline. But one point to focus on is that the previous support at $655 still holds. If this level is not broken, the structure will likely see a rebound correction.

Looking at the current situation, influenced by a series of news today, the bearish sentiment has been released. There is also some support below. Without any major negative news, continuing a one-sided decline will be very difficult. So at this moment, Wukong is no longer fixated on bearishness; by mid-next month, the overall trend is expected to turn bullish.

For Bitcoin, the swing reference is around $658, with multiple entries near $648, aiming for a 3%-5% gain. Add on dips to $640, with a stop-loss below $630. The target is $710-$740, and if broken, continue upward to $760. Ethereum can follow suit.

These are just personal opinions, for reference only!!! #成长值抽奖赢金条 #加密市场回调 #美联储加息预期再起