BTC：

Today is Monday. Let's review. There was no analysis on Saturday and Sunday, but the position analyzed on Friday is not much different. The price of Bitcoin has formed a short-term effective high point after consolidating at a high level and has retraced to 95800.

Furthermore, this morning at seven o'clock, a high point was formed on the 25th, but it appeared as a secondary high point with increasingly lower lows.

Currently, the hourly level has converged to the extreme and has completed a daily high point. With the price reaching 98000, although the price reaction is not significant, based on the daily high point, it is possible to see a drop to December 1st. However, this low point can form after December 1st, as we are currently at a daily cycle high point and external forces may intervene at any time. Generally, if external forces intervene, there will be new fluctuations, so the low point may not necessarily rebound immediately or change the trend. Therefore, the overall inclination is towards a pullback.

The pullback target is initially set at 92500-94000. Additionally, it is important to note that this daily chart has also converged to the extreme and has completed the previous weekly high point on November 12th, but it has now been delayed to the 1K weekly level. Looking at it from November 18th, it is also valid, so there is a situation of time-price resonance here, thus we can observe the pullback situation.

Moreover, regarding the repair of the price at 99660, it is necessary to pull back to the range of 79300 - 79500. Therefore, before reaching this range, it is quite difficult to enter a new bullish trend.