Yesterday during the live broadcast, we saw market news that the Vanguard Group is launching a Crypto Assets ETF business. Although it's not their own issuance, it can support third-party ETFs like BlackRock, which is Favourable Information for the market. Additionally, tonight's ADP employment data further increases the probability of a rate cut in December. Therefore, there may be a small Rebound in the next few days, but the closer we get to the 11th, the more likely we are to see a peak. With Favourable Information materializing, prices may continue to fall, so the pressure is still around 95,000 to 96,000. Next week, we can still consider shorting at high levels.
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Yesterday during the live broadcast, we saw market news that the Vanguard Group is launching a Crypto Assets ETF business. Although it's not their own issuance, it can support third-party ETFs like BlackRock, which is Favourable Information for the market. Additionally, tonight's ADP employment data further increases the probability of a rate cut in December. Therefore, there may be a small Rebound in the next few days, but the closer we get to the 11th, the more likely we are to see a peak. With Favourable Information materializing, prices may continue to fall, so the pressure is still around 95,000 to 96,000. Next week, we can still consider shorting at high levels.