Good morning, crypto world comrades! I'm Cheng Jie~ This morning, I opened the market software and was immediately excited—Bitcoin has strongly returned to the $90,000 mark, currently reported around $90,650, with a 24-hour big pump of 3.62%; Ethereum is even more impressive, breaking through the key resistance of $3,000 in one go, currently priced at $3,040, with a daily rise of 3.01%. This rebound has come at just the right time!

Let me give you an overview of the market: this rise is not an isolated event, coinciding with the Thanksgiving holiday in the United States, where traditional markets and the crypto market are strengthening together—major U.S. stock indices all closed higher, with Oracle rising over 4% and AMD over 3% in the tech sector, while European stock markets also followed suit; commodities like gold and oil are rebounding, the dollar index is slightly down, and even Coinbase and crypto mining company stocks have surged, clearly indicating that funds are flowing back into risk assets, and market sentiment has completely warmed up.

Looking at the technical aspect again, this rebound has solid support:
The daily RSI for Bitcoin has rebounded from the oversold zone. After solidifying support at the $80,000 level, it has formed a bullish structure of "higher lows + higher highs." The 4-hour chart has also broken through the descending trend line, showing strong short-term momentum.
Ethereum is even more exaggerated, with the MACD showing a bullish golden cross. After stabilizing at the 61.8% Fibonacci retracement level, it directly broke through the key resistance of 3000 USD. Next, it is expected to launch an attack towards the 50-day EMA at 3483 USD, and it is highly likely to outperform Bitcoin.

The news is also very strong, with the probability of the Federal Reserve cutting interest rates by 25 basis points in December soaring to 84.9%. The expectation of loose liquidity has directly ignited the market; coupled with the fact that Bitcoin and Ethereum were both in an oversold state previously, the demand for a technical rebound is strong. This wave of rise can be considered a "fundamentals + technicals" dual-driven phenomenon. However, it is also important to note that SpaceX transferred 1,163 BTC (about 105 million USD), and the large movements of institutions may affect short-term liquidity. Additionally, the game of traditional financial regulation has not stopped, and these are all potential variables.

Focus on the operational strategy, Cheng Jie only gives practical advice:
✅ Bitcoin: If it stabilizes after a pullback to $89,000-$89,500, you can take a small long position, aiming for $91,000-$91,500; if it rebounds to $91,500-$92,000 and meets resistance, you can also take a small short position, targeting $89,500-$90,000;
✅ Ethereum: If it stabilizes after a pullback to the $2950-2980 range, a long position can be attempted, targeting $3080-3150; if it rebounds to $3080-3120, short positions can be taken at highs, targeting $2980-3050.

Finally, a reminder to everyone: although the market is strongly rebounding, do not blindly chase high prices after a big pump in a single day! Bitcoin should focus on whether it can hold above 90000 USD, while Ethereum needs to stay above 3000 USD; these two positions are the dividing line between bulls and bears. Moreover, the 92000-95000 USD range is a strong resistance zone for BTC, and there may be profit-taking during the rebound. In terms of operations, be sure to set your take profit and stop loss, control your position, so as not to miss the rebound and also not to get trapped due to greed.

The market will next look for two signals: first, whether there can be sustained volume, and second, altcoins.