Gold, crude oil plummeted, and Bitcoin is also difficult to escape the disaster; this week's trend is crucial, will it continue to decline? I won’t say much about the market, just the important points! The difficulty of short-term operations will further increase, and all friends in the cryptocurrency circle please stay vigilant!

1. The overnight international capital market is turbulent, with crude oil, the US dollar index, gold, and Bitcoin all experiencing significant declines. Lao Jiu believes this is mainly due to the latest developments in the Israel-Palestine conflict. On Monday, both sides confirmed the final text of the ceasefire agreement; it will be officially signed this Wednesday, which has eased the risk aversion sentiment in international capital.

2. From a technical perspective, on the 4-hour level and daily level, the trend remains bullish; currently, the price is operating near the upward trend line, with a key focus on the support at the 92.8k line, which is the watershed for bulls and bears this week!

3. Today is Tuesday, with no important data released. In the evening, pay appropriate attention to the annualized total new home sales in the US for October (in ten thousand units)

Previous value: 73.8 Expected: 72.5, Data release time: November 26, 2024 23:00 #BTC☀