Brothers, the market sentiment has slightly warmed up this morning, with a fear and greed index of 18.
Is this an opportunity to make money, or a precursor to a crash?
Combining tonight's Thanksgiving market closure, let's break down today's logic.

🔥 Overnight Heavyweight: Long and Short News Hedge

🐸 On-chain Anomaly: Is Pump.fun Suspected of Cashing Out and Dumping?

Monitoring shows that the Pump.fun project team transferred 75 million USDC to Kraken exchange 8 hours ago. This ongoing 'withdrawal' action has left the community anxious, with small investors trembling, wary of the selling pressure risks related to the SOL ecosystem.

🏦 Macro Favorable: JPMorgan 'Flips' to Bullish

JPMorgan has changed its forecast, believing the Federal Reserve will definitely cut interest rates in December! US Treasury yields have fallen in response, liquidity expectations have improved, giving bulls a strong boost.

📈 Institutions entering: BlackRock IBIT options expansion

Nasdaq has applied to the SEC to raise the position limit for BlackRock's Bitcoin ETF (IBIT) options to 1 million contracts. Is this paving the way for institutional large funds to enter at this position? Those who understand, understand!

📊 Hardcore analysis of the market (intraday strategy)

🟠 Bitcoin ($BTC )

Pattern: This morning's 15-minute level continued to rebound, firmly standing above 91,000. The 4-hour level has formed a beautiful V rebound (pulling back from 86,000), currently above MA25, with bearish momentum clearly weakening.

View: Although SpaceX's transfer of BTC scared a lot of people, the buying strength this time is really strong! The daily bullish structure is still intact.

Point:

🛡️ Support: 90,000 (this integer level cannot be broken)

⚔️ Resistance: 92,000 - 92,500

Strategy: As long as it holds above 92,000, the bulls are likely to challenge previous highs again! 🚀

🔵 Ethereum ($ETH )

Pattern: Still a 'follower' trend, although it rebounded to 3050, it was firmly suppressed by MA99 (around 3080) at the 4-hour level. The good news is that the 3000 level has been regained, forming a short-term bottom.

View: To harden, it must break through 3150 with volume to confirm the reversal.

Strategy: In the short term, it is highly likely to oscillate between 2950 - 3100. It is recommended to sell high and buy low, don't rush the pattern, stabilize before proceeding.

⚠️ Today's focus & new narrative

🦃 Thanksgiving liquidity trap:

Tonight, the US stock market is closed for Thanksgiving, and market liquidity will worsen. Beware of pin risks! Market makers love to draw doors at this time, and contract holders must take good stop-loss measures.

🤖 New sector focus: Agent Oracle

Recently, research reports have started to hype Agent Oracle (AI Oracle). When the old narrative is weak, such new terms often emerge as dark horses, it is recommended to add to your watchlist!

👀 On-chain monitoring:

Continue to monitor SpaceX's wallet, if that 1163 BTC has further selling action, it may lead to a short-term sharp drop.

💬 Interaction:

The panic index is at 18, do you think today is a pin explosion or a volume-reduced stealth rise? Leave your strategy in the comments!👇
#加密市场观察 #ETH走势分析 #BTC #美联储重启降息步伐