1. This week is Thanksgiving week, and the US stock market will only trade for three and a half days: closed on Thursday and half-day on Friday. This Wednesday and Friday fall within the end-of-month Settlement window, where large funds like pensions will adjust their positions, potentially amplifying the fluctuations in the US stock market and the crypto world. At the same time, the overall expectation is tilted towards reduced volume due to the short week.

2, The Bitcoin has rebounded from 80,000 to 88,000. The core focus moving forward is on two points: whether the rebound has continuity and whether the market can provide a clear direction. 88,000–89,000 is a key resistance area; if it successfully breaks through and absorbs selling pressure, it will be qualified to challenge 92,000 and move upward; if it continues to be pressed down, we need to be cautious of a drop to 85,000 to test support.

3. In terms of interest rate expectations, the probability of a rate cut in December has risen back to around 70%, up from just 44% a week ago, and a low of 26% at one point. Contributing factors include the release of the large non-farm payrolls and dovish remarks from the Federal Reserve's third-in-command.

Therefore, this week is crucial to see if Bitcoin can break through 88,000–89,000, whether the rebound will continue, and if there will be positive developments in Sino-U.S. relations and geopolitical events, which will determine the next direction of the crypto world.