BTC

Macro:

1. This week's data focus is on Wednesday's PCE price index, with a forecast and previous value of 2.8 and 2.7 respectively, expected to be bearish — the US October CPI data recorded a growth of 2.6%, higher than the previous value of 2.4%, inflation remains stubborn; if this PCE price index exceeds the previous value, expectations for a rate cut in December will correspondingly weaken; pay attention to the Fed's monetary policy meeting minutes early Wednesday; trading arrangements: the US market will be closed on Thursday and Friday for Thanksgiving.

2. AI Agent has received significant support from Google, and related applications are entering a phase of explosive growth; the cryptocurrency market can pay attention to token opportunities in the AI sector.

3. This week, 11 projects will unlock, with an unlocking value of $170 million; be aware of potential corrections in related tokens, especially those that have seen significant increases recently, such as ADA.

4. The "first stablecoin" USDT has reached a new market capitalization high, further enhancing its market position; its application prospects are widely used in cross-border payments, daily consumption, and cryptocurrency exchanges, among others. Referencing historical trends, the increase or decrease of stablecoins can serve as an important reference for predicting BTC prices, which currently grows in sync with the BTC bull market.

5. Trump's media technology group TMTG hinted at accepting cryptocurrency transactions and payments in the TruthFi trademark application; rumors suggest that the White House will establish a cryptocurrency advisory committee, expected to fulfill Trump's pre-election promise of a national strategic reserve of Bitcoin — a positive for the industry.

6. Liquidation data shows that the main explosion of long positions occurred in the last 24 hours; the psychological barrier of BTC at 100K is relatively bearish for bulls.

Technical:

1. The weekly chart shows four consecutive bullish candles, maintaining bullish momentum; however, attention is needed on the 100K psychological barrier's pressure on bulls. Considering the short-term increase, the psychological pressure at 100K, and profit-taking demand, a cautious bullish outlook is advised.

2. The daily chart shows a high-position doji, with MACD and trading volume both exhibiting divergence; be alert for a potential reversal in the short term.

3. The 4H MACD is similar to the upward trend in September, further reinforcing the view of not being overly bullish in the short term.

Trading Strategy:

Spot: Accumulate in batches around 96000——90000——87000, average price 91000, take profit at 95000——near 100K.