Today, on Thanksgiving, the market has thrown a "surprise" - against the backdrop of most financial markets in the United States being closed, the prices of mainstream tokens Bitcoin and Ethereum in the crypto market have steadily broken through key resistance levels and successfully held above. The uniqueness of this breakthrough is self-evident. On one hand, the breakout pattern has already formed, and if one completely observes, they may worry about missing out on the potential subsequent market trends; on the other hand, the rise under low liquidity lacks persuasiveness, and blindly chasing the price may lead to falling into a "bull trap." In fact, this dilemma is exactly the manifestation of market sentiment being swayed by short-term trends. The risks hidden behind this "benefit" are far more worthy of vigilance than the superficial rise.
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Next Monday, the Federal Reserve will officially pause the balance sheet reduction, and this policy direction may become a key variable affecting market trends. Pausing the balance sheet reduction means that the pace of tightening liquidity will slow down, which theoretically provides some support for risk assets. However, in the current context of sensitive market sentiment and fragile trends, whether the policy benefits can effectively translate into price momentum is uncertain. From a risk control perspective, the safest strategy is undoubtedly to "watch more and act less," waiting for the U.S. financial markets to resume trading and liquidity to return to normal next week, and then making decisions based on the real price trends.
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Bitcoin broke above 90,000 in the morning and stabilized before starting to rebound. Currently, the price has returned to around 91,500 and is fluctuating. On the Ethereum side, there has also been a surge in bullish momentum during the day, with the price fluctuating above 3,000 all day. The 4-hour chart remains in a range-bound fluctuation, with no further breakthroughs during the day, instead showing a contraction and consolidation. It is expected that there will be back-and-forth movements in the evening to build momentum for a breakout. In terms of operations, continue to treat it as a fluctuation, participating around the range with high short and low long strategies. For more details, follow the live broadcast in the evening to chat.
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Today, on Thanksgiving, the market has thrown a "surprise" - against the backdrop of most financial markets in the United States being closed, the prices of mainstream tokens Bitcoin and Ethereum in the crypto market have steadily broken through key resistance levels and successfully held above. The uniqueness of this breakthrough is self-evident. On one hand, the breakout pattern has already formed, and if one completely observes, they may worry about missing out on the potential subsequent market trends; on the other hand, the rise under low liquidity lacks persuasiveness, and blindly chasing the price may lead to falling into a "bull trap." In fact, this dilemma is exactly the manifestation of market sentiment being swayed by short-term trends. The risks hidden behind this "benefit" are far more worthy of vigilance than the superficial rise.
==================================
💎
💎
==================================
Next Monday, the Federal Reserve will officially pause the balance sheet reduction, and this policy direction may become a key variable affecting market trends. Pausing the balance sheet reduction means that the pace of tightening liquidity will slow down, which theoretically provides some support for risk assets. However, in the current context of sensitive market sentiment and fragile trends, whether the policy benefits can effectively translate into price momentum is uncertain. From a risk control perspective, the safest strategy is undoubtedly to "watch more and act less," waiting for the U.S. financial markets to resume trading and liquidity to return to normal next week, and then making decisions based on the real price trends.
==================================
💎
💎
==================================
Bitcoin broke above 90,000 in the morning and stabilized before starting to rebound. Currently, the price has returned to around 91,500 and is fluctuating. On the Ethereum side, there has also been a surge in bullish momentum during the day, with the price fluctuating above 3,000 all day. The 4-hour chart remains in a range-bound fluctuation, with no further breakthroughs during the day, instead showing a contraction and consolidation. It is expected that there will be back-and-forth movements in the evening to build momentum for a breakout. In terms of operations, continue to treat it as a fluctuation, participating around the range with high short and low long strategies. For more details, follow the live broadcast in the evening to chat.