Thanksgiving Market Update



Today is Thanksgiving Day, and due to the holiday, the US stock market remains closed. As a result, market activity is subdued, with minimal trading expected. Evening market fluctuations are likely to remain limited, resembling the slower pace typically seen during weekends. A volatile market pattern is highly probable.

💎 Bitcoin (BTC) Analysis
BTC is exhibiting a downward adjustment trend today, characterized by a slow pace and limited volatility. With the US stock market closed and no significant economic data releases, major market movements are unlikely tonight.

From a technical perspective:

The price may pull back toward the support level at 97,200 and the four-hour midline support at 94,500.

Expect price fluctuations within the range of 94,500–96,800.

While many anticipate further downside, I maintain a bullish bias for long positions. This is a time to "exchange time for space" — after consolidation, I believe the market will deliver a positive surprise.

💎 Ethereum (ETH) Analysis
Last night, ETH broke above the 3,550 level, continuing a steady upward trend before encountering resistance and retracing around 3,680. Following consecutive positive candles on the four-hour chart, ETH ended with a bearish candlestick, signaling a short-term adjustment.

Key levels to watch:

Resistance: 3,720 (key dividing line).

Support: 3,520 (short-term reversal zone).

If ETH breaks above 3,720, the next target is 3,820, while a pullback could extend toward 3,420, near the four-hour midline. For now, monitor intraday price action closely and adjust strategies flexibly based on support and resistance levels.
PACE6.86%
BTC0.13%
MAJOR9.53%
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