Almost fell below 90,000, will it continue to pull back? After reviewing the monetary policy minutes released by the Federal Reserve, here are a few key points: most still believe that a 25 basis point cut is appropriate. If inflation continues to rise, they may pause rate cuts, which is also the reason for the drop to 90.8k yesterday morning. If the unemployment rate rises or the economy slows down, rate cuts may accelerate. There is nothing particularly special; a 25 basis point cut in December still holds great suspense.

The bull market is still here, don’t worry. So will there be a continued pullback? Remember to like, follow, and bookmark. The integer level around 90,000 has been successfully defended, and as of now, there is at least a trend of counterattack. It is also clearly seen that the second-largest, $ETH, has begun to activate, and we should wait a bit longer for the altcoins. Last night at 11 PM, the last data of this month, the PCE price index, was released, meeting expectations, which is also good news for the crypto sector.

In general, the temporary pullback is a healthy correction of the market, just profit-taking. The bull market does not signal a top, and the upward trend has not been broken. Often, this is the time to watch the second-largest and scout for altcoins.

Another interesting thing to mention is that after CZ came out and saw the meme market booming, it was no longer the crypto market he was familiar with. He posted a tweet criticizing memes and casually mentioned AI and education. At this time, there were rumors that CZ wanted to vigorously develop his own BSC, and shortly after, Binance listed several coins on the BSC chain. The coin airdropped to BNB holders yesterday was also on BSC. Isn’t that a coincidence? The trend after listing turned out to be different from the past where coins would drop right after listing; it went straight into explosive growth and hardly pulled back. The THE token was at 0.2 before the listing, but last night it reached over 4.1 at its peak. One BNB airdropped 1.46 THE, which is quite a profit. For those holding $BNB, if you are not in a hurry to sell now, it is recommended to keep it in a flexible wealth management product. You might just get an airdrop snapshot soon? I think there should still be more coming.

Alright, back to today's daily $BTC market analysis. From the K-line perspective, the 1-hour level is weak and may decline, the 4-hour level is rising, the 12-hour level is about to enter a rise, and the daily level has not yet exited the downward trend. The intraday resistance is at 98,400, and the support is at 94,000 dollars. Note: Today is Thanksgiving, and the US stock market is closed.