Last Friday morning, after the hawkish speech of Mr. Bao, the expectation of interest rate cut in December was greatly reduced, and the momentum of cryptocurrencies to rise was basically gone. On Friday night, the U.S. stock market fell sharply, and crypto concept stocks were the smallest. After the closing, the big cake fell back to around 91,800, and the highest point of the weekend was fixed at 91,800. The group arranged in advance, and the price at 4-5 am on Saturday morning was relatively small in the weekend market fluctuations.

The current range is moving down and narrowing. The next short-term support point is 87,500 and the short-term pressure is 91,000.

If you want to go short during the day, you must also be above 91,000.