November 22 Bitcoin Ethereum Market Analysis: BTC, ETH Highlights Today

Market Review

Yesterday BTC continued to rise, breaking through 98,500 to reach a new historical high, in line with recent expectations. There is a possibility of hitting the 100,000 mark within the day, pay attention to changes in market sentiment. Recently, the increase has been significant and has reached key resistance levels. Holders can consider reducing their positions by 20-30%, taking profits in batches to avoid peak risks. ETH has followed BTC's rise and started to catch up, having broken through 3,300, aligning with the expectation of a rebound. The 4-hour trend remains healthy, with continued upward momentum likely throughout the day. Watch for resistance around 3,400-3,450. Altcoins are rising in sync with ETH, with most coins experiencing increases. SATS holders can continue to be patient, considering liquidation around 50. PEOPLE remains relatively low, with many exiting, but it may be worth continuing to hold. FTM should be kept, and the new altcoin recommendation ACT could be considered for following up, as it is expected to have good potential moving forward.

Highlights Today:

BTC: 1-hour and 4-hour levels are above healthy levels, daily levels are above healthy levels, with a possibility of challenging the 100,000 mark today. The long-term outlook has not weakened. Support is at 97,000-98,000, with resistance at 99,000-100,000.

ETH: 1-hour and 4-hour levels are above healthy levels, daily levels are above healthy levels, with an opportunity for a rebound today. Support is at 3,200-3,250, with resistance at 3,400-3,450.