November 23 Bitcoin Ethereum Market Analysis: BTC, ETH Today's Highlights

Market Review

Yesterday BTC continued to rise, breaking through 99,500 to reach a new historical high, as expected. It is now very close to the 100,000 mark, with a top divergence appearing on the 4-hour chart. Pay attention to changes in market sentiment; the recent increase has been significant and has reached a key resistance level. Those holding can consider reducing their position by 20-30%, taking partial profits to escape the peak. ETH has not followed BTC's rise synchronously and remains in consolidation, having broken through 3,300. The volume on the 4-hour trend has weakened, so pay attention to volume conditions. If it can increase, there is a potential for further gains within the day. Watch out for resistance around 3,400-3,450. Altcoins are following ETH's upward trend, with most coins rising. SATS can be held patiently, and clearing positions around 50 may be considered. PEOPLE remains relatively sluggish, with many exiting; it may be worth continuing to hold. FTM should be kept, and the new altcoin ACT is recommended for consideration as it may have good potential in the future.

Today's Highlights:

BTC: 1-hour and 4-hour levels are above healthy levels, daily level is also above healthy levels. The expectation for the day is consolidation. The lower support is 97,000-98,000, and the upper resistance is 99,000-100,000.

ETH: 1-hour and 4-hour levels are above healthy levels, daily level is also above healthy levels. The expectation for the day is consolidation. The lower support is 3,200-3,250, and the upper resistance is 3,400-3,450.