🎯 Cryptocurrency market news on November 25! Pay attention to the important positions of BTC and ETH! 🎯
🧐 Market review:
Yesterday, Bitcoin slightly pulled back, which was in line with our expectations. The recent excessive increase hit the key resistance area, and this wave of adjustment is a corrective trend. Ethereum followed Bitcoin and also consolidated. The overall market sentiment tends to wait and see.
📈 Today's highlights:
1️⃣ Bitcoin ($BTC )
- Short cycle (1 hour & 4 hours): The indicator is high, but maintains a healthy level.
- Long cycle (daily level): The upward trend has not weakened, and continue to be bullish.
- Key positions:
Support level: 96000 - 96800 USDT
Resistance level: 99300 - 99800 USDT
- Operation suggestion: Pay attention to whether the support area below is maintained. If it holds steady, you can try to follow the long position with a light position, and set the stop loss below the support level.
2️⃣ Ethereum ($ETH )
- The indicators of short-term and long-term periods are similar to BTC. It is accumulating momentum during consolidation and has a need for a rebound.
- Key positions:
Support level: 3250 - 3300 USDT
Resistance level: 3520 - 3560 USDT
- Operation suggestion: If the support area is not broken after the retracement, you can open a long order appropriately, with a stop loss below 3250, and the target is near the resistance level.
💡 Summary:
Bitcoin is in a high consolidation range, with short-term shock adjustments as the main trend, but there is still room for long-term growth; Ethereum follows BTC and may usher in a rebound opportunity. Be sure to pay attention to key positions when trading and control positions and risks.
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