
Phyrex|11月 29, 2025 22:36
This week should pass by pretty calmly. Thanksgiving and Black Friday are over, and we’re heading straight into the weekend. Market sentiment is still pretty good, especially since Black Friday data seems to suggest that the U.S. economy is relatively stable. Black Friday is kind of like China’s Double 11, reflecting consumer spending trends. This year, the resilience of U.S. consumers has been proven once again, with both online and offline sales maintaining relatively healthy growth rates.
U.S. online Black Friday sales hit a record $11.8 billion, up 9.1% from last year. Salesforce reported total Black Friday spending reached $18 billion, with luxury apparel and accessories topping the best-seller list. Although spending increased, the number of items purchased by consumers decreased due to rising prices.
From the consumption performance, it’s clear that people still have the ability to spend. While consumers are buying less overall, heavy discounts and seasonal promotions have driven up average transaction values, keeping total sales on an upward trend. Because consumption hasn’t significantly deteriorated, market trading sentiment remained stable this week, and risk appetite is at a relatively comfortable level. Everyone’s waiting for the next move from the Fed.
Looking at Bitcoin data, the turnover rate has slightly increased and is a bit higher than a typical weekend. Not sure if this is due to Black Friday, but even with the slight uptick, it hasn’t had much impact on sentiment. This weekend should pass peacefully.
The current token structure remains stable, with no signs of panic. Investor sentiment is very steady, and even those holding losses haven’t rushed to sell. For now, the market is mostly waiting for the Fed’s December meeting.
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