11.27 Evening Analysis

The minutes from the Federal Reserve's November meeting indicate that most committee members lean towards a 25 basis point rate cut in December, while also lowering the assessment of economic downside risks. They believe that continuing to reduce the balance sheet is appropriate, and sustained inflation rising may pause rate cuts, while an increase in unemployment or an economic slowdown could accelerate rate cuts.

Currently, the likelihood of a rate cut in December is high, as long as there is no clear evidence of an economic recession and the probability of a 'black swan' event is low. If a recession occurs, the market will undergo significant adjustments.

Evening analysis and suggestions from Old Wang

Bitcoin rebounded near 94500-95500, target 93000— 91500. Ethereum rebounded 3480-3520, target 3410-3350.