Market Dynamics on November 27

- BTC ETF Net Outflow: 123 million USD #BTCETF

- ETH ETF Net Inflow: 40.67 million USD #ETHETF

From the ETF data, Ethereum's net inflow has significantly increased, and Ethereum has been performing strongly recently, indicating that a large amount of capital is flowing into ETH. In contrast, the outflow from Bitcoin's ETF reflects its pullback of over 8,000 USD, showing that funds are gradually leaving BTC.

Federal Reserve Meeting Minutes from November

Most members of the Federal Reserve still believe that a 25 basis point rate cut in December is appropriate and have lowered their assessment of downside risks to economic activity. They believe that continuing to reduce the balance sheet is appropriate, but may pause rate cuts if inflation continues to rise. If the unemployment rate rises or the economy slows, rate cuts may accelerate. However, as long as there is no clear evidence of an economic recession, the likelihood of a black swan event is low; if an economic recession is indeed confirmed, the market may face greater adjustments. Currently, the likelihood of a 25 basis point rate cut in December remains high.

Market Analysis

Currently, Bitcoin's market share has dropped to around 57%, indicating that the trend of funds flowing into altcoins has gradually emerged, and BTC's dominance has temporarily ended. Next, Ethereum may strengthen for a while, and as liquidity gradually recovers, the altcoin market may soon start.

Regarding the pullback risk of BTC, a warning was issued as early as the 22nd, and the current pullback has not exceeded 90,000 USD. I personally believe that if 90,000 points are breached, the market may further decline, and such a significant pullback could provide the market with an opportunity to wash out. Currently, it has already pulled back over 8,000 USD, and if there is a further drop of a few thousand dollars, it will help to suppress market panic, clear out some speculative funds, and lay the foundation for a subsequent rise.

For long-term holders, market volatility will not affect their confidence. Although some long-term holders have started to reduce their positions, these reductions only account for about 4-5% of their total positions. Patience in holding remains the key to achieving greater returns. #BTC☀ #ETH🔥🔥🔥🔥