Families, today I will share three main points:

Key point 1: ETH is about to counterattack and break through $4,000 or even $5,000.

Key Point 2: DNA Cryptocurrency Soars 22x in 7 Days, 203% in 24 Hours – Are There More Gains to Come?

Key point 3: When Bitcoin pulls back, the layout of 3 altcoins to achieve a tenfold increase has attracted great attention from the public!

As usual, like and follow, and I will give detailed answers to your family members one by one.

BTC market analysis on November 26:

Last week review:

Last week we mentioned that BTC has risen sharply again. In the next few days, we need to pay attention to whether BTC can stabilize at $100,000/coin. If it stabilizes at $100,000/coin, it will continue to rise after the shock repair. In the short term, it is not recommended to chase the rise today. Be careful of falling before breaking through $100,000.

From the weekend till now, BTC has not been able to break through the pressure of 100,000 US dollars, and has fallen back from the highs. The overall trend is in line with our expectations. From a technical point of view, the adjustment is in place. After the short-term shock repair, we will continue to be bullish, and it will break through the 100,000 US dollar mark next. In terms of operation, it is mainly buying on dips.

Upper pressure level: around $100,000

Support level below: around $90,000

ETH is poised for a counterattack

In this bull market, Bitcoin's growth far exceeds that of Ethereum. So far, BTC has increased by 133% this year, while ETH has only increased by 50%. Someone in the community joked: "When BTC was priced at $52,000, ETH was breaking through $3,300; when BTC was priced at $72,000, ETH was still breaking through $3,300; BTC is now about to break through $100,000, and ETH has finally broken through $3,300."

In addition to BTC, the price increases of public chain tokens known as "Ethereum killers" have also exceeded ETH. According to OKX data, SUI has risen by 74%, SOL has risen by 50%, and DOT has risen by 131% in the past month. Although the price of ETH reached $3,500 last Saturday, some investors still feel that its prospects of reaching $4,000 in this bull market are slim.

So, will Ethereum, the second largest blockchain in the crypto industry, really lag behind BTC and other "Ethereum killers" in this cycle as many people say? It may be too early to draw a conclusion now. The evolution of mainstream blockchains is an extremely long game - anyone who thinks they have won the war too early will fall into complacency and eventually lose everything.

ETH/BTC exchange rate shifts again

From a technical analysis, the price exchange rate between ETH and BTC is at a cyclical turning point and has formed a bottom. Based on past experience, this means that the price of Ethereum may rise soon, and even exceed the increase of Bitcoin.

Legendary commodities and foreign exchange trader Peter Brandt posted a post on the X platform on November 21 titled "A letter from the grave?" and attached a chart of Ethereum price and Bitcoin exchange rate. As shown below, the chart shows the rise of ETH when the ETH/BTC exchange rate was at a low level four years ago.

ETH Vs SOL

Over a longer period of time, while Ethereum was dormant, Solana has experienced a strong bull market. From the perspective of sector rotation, this may also mean that Ethereum's market still has more room for upside.

In the 30 days ending November 25, SOL outperformed ETH with a 50% increase compared to ETH’s 34%. Despite this, Ethereum’s top three meme coins (SHIB, PEPE, FLOKI) still outperformed Solana meme coins (Bonk, WIF, POPCAT) overall in the same period.

The cumulative 30-day ROI for Ethereum plus its top three meme coins is 220%, while the ROI for Solana plus its top three meme coins is 200%.

Institutional support for Ethereum

In addition to the monthly Ethereum ETF net inflows and the rise in Ethereum futures trading volume in November, institutional investors have shown high confidence in ETH. Institutional investors are not holding ETH in the short term, they also lock it in staking contracts, which not only protects the network and is a means of earning additional income, but also shows that institutional investors are confident in Ethereum and its long-term growth prospects.

In early October, Carlos Mercado, a data scientist at blockchain strategy firm Flipside Crypto, noted that the number of Ethereum stakers has grown by more than 30% in the past 12 months. A survey of Ethereum users released by New York City-based blockchain intelligence firm Blockworks Research in mid-October showed that 69.2% of respondents staked Ethereum, and 78.8% of them were investment firms or asset management firms.

Every market cycle goes through a phase where Ethereum outperforms Bitcoin, which has not happened yet in the current cycle, but is certainly about to happen. Since ETH is still lagging, there is an opportunity to buy before it outperforms the market.

DNA Cryptocurrency Surges 22x in 7 Days, 203% in 24 Hours – Are More Gains Ahead?

The DNA cryptocurrency surged 22 times in 7 days, reaching a 24-hour high of $0.093289 with an upward momentum.

DNA trading volume surged 107.60% in one day, indicating increased market activity and attention.

According to Coingecko, at press time, DNA [DNA] is trading at $0.092339, having surged 203.67% in the past 24 hours.

The token’s trading volume has risen sharply and currently stands at $36,164,910, which is a 107.60% increase from the previous day.

However, despite the surge in DNA, its circulating supply and market cap remain undisclosed. Compared to the broader market trend, DNA’s performance over the past week has shown some lagging momentum.

While DNA has not seen price gains over the past seven days, the global cryptocurrency market has gained 9.80%, with the Solana ecosystem token, to which DNA belongs, up 16.20% over the same period.

Historical Price Ranges and ATHs

DNA’s trading range in the past 24 hours has fluctuated between $0.0107702 and $0.093289, while its 7-day range is between $0.0109307 and $0.093262.

Meanwhile, DNA hit an all-time high of $0.093289 on November 24 before experiencing some pullbacks.

On the contrary, it recently hit an all-time low of $0.0107702, which shows that DNA has extreme volatility in a short period of time.

Technical Analysis of Price Action

Analyzing the 1-hour trading chart, DNA has entered a consolidation phase after a sharp rise in price. The Relative Strength Index (RSI) is 45.25, reflecting a neutral view with a slight bearish bias.

Notable resistance is located at 0.0001339257, which represents the recent peak, while support forms near 0.0001302592, where the price remains stable.

The MACD (Moving Average Convergence Divergence) indicator shows limited momentum, with both the MACD line and the Signal line hovering around zero.

The previous bearish crossover suggested that sellers retain some control, but a reversal above the signal line could signal new upside momentum.

Traders should monitor the support level at 0.0001302592, a break below which could lead to a further decline to 0.000125.

DNA's sharp rise highlights its recent volatility and increased market attention.

When Bitcoin falls back, the layout of 3 altcoins to achieve a tenfold increase has attracted great attention from the public!

1.ELF

Similar to many altcoins, aelf (ELF) has experienced significant price fluctuations this year, with an overall bearish trend. However, some recent developments show that aelf has the potential for bullish growth. Positive regulatory changes and technological advances are driving aelf forward steadily and helping to promote wider adoption of cryptocurrencies.

In addition, external factors such as the launch of Bitcoin ETFs and the improvement of compliance of large exchanges have played a key role in boosting market sentiment. These changes are expected to help aelf achieve an average price of $3.50 and climb to $4.75 in 2025.

aelf’s growth also benefits from its strong network of strategic partners. For example, its cooperation with Huobi, a major digital asset exchange, has enhanced the liquidity and adoption of its own tokens. Its cooperation with platforms such as the Innovation Alliance and Votigram has also further promoted the development of its blockchain and made its position in the industry more solid.

Currently, ELF is trading at $0.7 with a market cap of $483.22 million. In the past 24 hours, its price has soared by 46.13%, ranking 152nd in the cryptocurrency rankings. At the same time, the trading volume has also jumped to $478.51 million, showing that people's interest in it is growing.

Although the overall market sentiment remains bearish, the Fear and Greed Index reached 82 (extreme greed), indicating that investors are optimistic. In addition, the token's trading volume has increased, which means that investors are confident in its possible upward trend. The 14-day RSI of aelf is 52.37, which is in the neutral zone and there is a possibility of movement in either direction.

2.STX

Stacks (STX), a cryptocurrency pegged to the Bitcoin network, has seen impressive growth recently. In the past 24 hours, its price has risen by 8% to $2.22. With a market cap of over $3 billion, STX has successfully entered the top 45 cryptocurrencies by market cap. At the same time, its trading volume has soared by 132.73% in the past 24 hours, currently reaching $780.58 million.

STX and Bitcoin (BTC) have a strong correlation of 0.86, making Stacks a high-beta asset in the Bitcoin ecosystem, providing leveraged exposure to investors who want to gain more benefits from Bitcoin's movements.

The market is optimistic about the potential of STX. From the chart, it shows a consolidation pattern, which means that buyers are in the accumulation stage and are ready to break out. The accumulation range of $2 to $2.05 may become the starting point for further gains.

Stacks recently briefly broke through four-month resistance, but then fell back into the range. Even with the pullback, STX remains above its 200-day moving average, further solidifying its long-term bullish trend.

A careful comparison of the performance of STX and Bitcoin shows that the price trends of the two are very consistent. If Bitcoin continues to rise, analysts believe that STX's target price is expected to reach $4. As Stacks exits the consolidation range, the open interest has risen sharply, reflecting the growing interest of traders, who are likely to be actively preparing for a potential rebound.

3.ICP

The cryptocurrency market continues to show a bullish trend, with Bitcoin (BTC) up 50% in the past 30 days and hitting a new all-time high of $99,502. Altcoins have also followed suit, with Internet Computer (ICP) also making good gains. In the past 24 hours, ICP has risen 11.63%, bringing the weekly gain to 36.48%. ICP has successfully broken through the upper resistance trendline of the descending triangle pattern, showing bullish momentum, and the breakthrough has also pushed the price above the key resistance zone of $10.20 to $10.90. If ICP can decisively break through this range, it may trigger a new round of gains, at which time $13.00 and $14.00 will become the next important resistance levels.

Looking at the daily chart, the breakout has created a strong bullish structure. The relative strength index (RSI) is at 66.28, which suggests that ICP has some room to rise before entering the overbought zone. If the current momentum continues, ICP may soon reach $13.00 and may even touch $14.00. However, if the resistance is too strong, the price may consolidate around the current level in the short term.

Adding to this momentum, the DFINITY Foundation, the company behind ICP, recently released its 2024 Ecosystem Report, which highlights the platform’s impressive growth, especially in cross-chain technology. Chain Fusion, a protocol that enables smart contracts to interact across multiple blockchain networks, has seen 1,230% growth in activity over the past year.

Okay, that’s all for today’s sharing. If you find it helpful, please like and follow me. See you tomorrow.