BTC ETH Market Correction Analysis —— November 26 Market Dynamics Report
On-chain data shows that the market has recently experienced a correction after a failed breakout, with selling pressure on BTC easing and selling pressure on ETH remaining stable, while support forces are gradually strengthening. The ETF market also shows a trend of significant breakthroughs.
For BTC, the energy of short positions seems to have been released, with no significant selling pressure in the short term, and it is expected to enter a consolidation phase. For ETH, bullish momentum is accumulating, and it is anticipated that there may be a wave of increase in the next two to three days.
Market Support and Resistance Analysis:
- BTC: Short-term support at $92,595, short-term resistance at $95,008. Mid-term support at $91,255, mid-term resistance at $97,153.
- ETH: Short-term support at $3,399, short-term resistance at $3,458. Mid-term support at $3,350, mid-term resistance at $3,518.
The above analysis is for reference only and does not constitute investment advice.
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