#Bitcoin This breakout is stable enough, could it be a surprise benefit from Thanksgiving?

Especially considering that most financial markets in the United States are closed for Thanksgiving, it's quite surprising that it was able to steadily break through resistance and hold its ground.
But this trend is actually not friendly to us traders - with the US stock market closed, market liquidity is much lower than usual, and the current upward structure is fundamentally unstable. Once the financial markets resume trading next week, the risk of price volatility may be even greater.
Simply put, this rise is more like a "bull trap": making you hesitant to chase the price higher while also fearing to miss out on the opportunity, caught in a dilemma. Personally, I think the safest approach is to wait until next week when market liquidity is completely restored before making decisions; this week, it's better to observe more and act less.
Additionally, if there is a rapid rebound now, this kind of direct rebound from the bottom is not very optimistic for the future market. A rebound without a solid bottom formation in the short term can easily lose momentum along the way. It should be noted that $90,300 has just emerged from the weak bottom zone, and the range of $90,300 to $98,000 is crucial, with the resistance at $98,000 being much stronger than at $90,300. Once the price climbs to $98,000 and then continuously falls back, if it breaks below $90,300, that would truly undermine the bulls' confidence.
If it rebounds and then falls back to the bottom range, it will make more people feel that the rebound is weak, leading to a bearish outlook for the market, and even thinking that it will enter a deeper bear market. I originally thought that the most optimistic scenario would be a fluctuation between the low point and 90300 for about a month, completing the bottoming process before starting again, but it is clearly faster than expected now.
By the way, a reminder to everyone: the Federal Reserve will officially pause the balance sheet reduction next Monday #十二月降息预测 .