Wall Street Encryption Daily 2025/11/28

🔥 Title: Thanksgiving Market "Holiday", BTC and ETH Near Key Resistance! What’s the Momentum?

📈 Core Viewpoint: Narrow Fluctuation, Waiting for a Breakthrough
The festive atmosphere envelops the market, and under tightened liquidity, a brief "ceasefire" between bulls and bears is being enacted. Despite the overall trading being sluggish, Bitcoin and Ethereum, the two leading cryptocurrencies, still managed to rise, demonstrating resilience. Currently, they are poised at the gates, approaching the strong resistance area that rebounded last week. Is this rise a "false breakout" or the "starting point of a new market trend"? The answer will soon be revealed.
1. Power Traceability: The Two Major Engines Behind the Rise
Policy expectations heat up: The market's bets on a rate cut in December are the main driving force behind this round of rebound. More notably, if the advocate for a rate cut, Hassett, takes charge of the Federal Reserve, it will become a super catalyst for stimulating market sentiment.
Capital flow: As the traditional financial markets take a breather, the synchronous strength of gold and the encryption market suggests that some funds are still seeking safe-haven or appreciating assets.
2. Trend Prediction: Holiday mode activated, volatility narrowing
We believe that under the assumption of a quiet news environment during the Thanksgiving holiday, the market is likely to enter a "garbage time" phase. As prices have approached resistance levels, additional momentum is needed for upward movement, and mainstream currencies are likely to enter a brief period of narrow range consolidation. In terms of strategy, it is advisable to shift from frequent trading to patient observation.

⚡ Key Point Layout: Overview of Opportunities and Risks
Bitcoin:
Siege Area: 92,800 - 93,900 A strong breakthrough ( will open new space )
Defense zone: 89,200 - 88,100 ( If maintained, the trend is safe )
Ethereum:
Siege Area: 3,070 - 3,170
Defensive position: 2,970 - 2,870

🛡️ Risk Control Red Line: The Last Line of Defense
Trading is not just about offense, but also about defense. Please set the following points as your final defense line:
BTC: Long Stop Loss 85,500 | Short Stop Loss 96,000
ETH: Long Stop Loss 2,750 | Short Stop Loss 3,250
"The True Scriptures of Bitcoin" - Amidst the rising winds and swirling clouds, you and I hold onto a single thought together.