
Phyrex|Nov 26, 2025 18:20
Today's homework is simple, there is nothing important happening, and there is no important data. The only thing is that the United States has extended China's tariffs until November 2026. It is estimated that the two leaders reached some consensus on the phone call yesterday. The continued honeymoon period between China and the United States has driven the continued rise of the US stock market, and with the rise of the US stock market, BTC continues to challenge and return to $90000. It is estimated that there will be no problem this time.
I just saw data that hedge funds saw their largest buying volume since May from November 21st to 24th, which is a rare level of passive buying. This may be consistent with the CTA buying we mentioned in today's weekly report, but we also mentioned the difficulties we may encounter at present, as the main narrative is still about the Federal Reserve's monetary policy.
On Thursday, Thanksgiving, the US stock market did not open, and on Friday, Black Friday, the US stock market closed early. So if there are no major obstacles by the end of today, we should be able to get through it with peace of mind. We will talk about next week's troubles next week. Today's weekly report has been written very clearly. Personally, I still focus on the rebound of the current market, and my main concern is still the Federal Reserve's monetary policy, followed by tariffs and liquidity.
Looking back at the data of Bitcoin, the turnover rate has significantly decreased. Although investors' emotions have not yet entered FOMO, they have at least freed themselves from last week's panic state. Either way, the focus now is on the Federal Reserve. There shouldn't be much left this week, and it will be more difficult from the beginning of next week, after all, there is still a dot matrix in December.
The chip structure is still very healthy, and the two support levels are also very stable. Currently, there is no trend of panic among loss making chips. As long as the support levels remain stable, there is still a chance for prices to return to the support levels.
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