The price of Bitcoin surged to a peak of 97,200 during the early trading hours, and although it has since experienced some level of correction, it remains solidly above 95,000, showing signs of stabilization and recovery in the short term. Despite the possibility of further downward testing in the future, the likelihood of a significant price drop forming a waterfall decline in the short term is relatively low. Conversely, given the current situation, the possibility of Bitcoin's price seeking a breakout is more significant.
Meanwhile, Ethereum has not shown any significant corrective action after experiencing a wave of increase, with the current price stabilizing above 3,600 and undergoing range-bound consolidation, and the support range between 3,500 and 3,550 is notably strong. Given that today is Thanksgiving, the U.S. market will be closed, and it is expected that the volatility of the market in the evening will be reduced.