11.27

The beautiful country has extended the tariff exemptions on 178 Chinese items from 301 tariffs until November 10, 2026. The US stock market is closed on Thanksgiving Thursday, and on Black Friday, it will close early. The focus remains on the Federal Reserve's monetary policy, followed by tariffs and liquidity.

BTC
This week's weekly review mentioned that there is rebound space on the daily chart. After a few days, there has indeed been a relatively good rebound. At the current position, there is still space above the daily level, but it is important to note that the position of 89300 cannot be broken for the trend to continue. Currently, the smaller time frame is still fluctuating upwards, but during the day, some consolidation time is needed. At this position, it is important to pay attention to whether it can stabilize above 93900. If it cannot stabilize at this position, it will move down again. However, in the short term, as long as it does not break 89300, it will fluctuate upwards. Yet, this position is still a rebound, not a reversal. Support is at 89300-88300, and resistance is at 92300-94000.

ETH
If Ethereum follows the strategy I provided, buying in batches below 2800 has already yielded a profit of 15 points. This is acceptable for a market with lower liquidity. At the current position, we should also pay attention to the direction of the market. The current approach remains unchanged; we need to see if the upper level of 3200 can hold. If it can't hold, we will likely see another drop. Additionally, we can monitor in batches below 2800. In the short term, we need to focus on not breaking below 2960 for the market to continue. Support is at 2965-2875, and resistance is at 3080-3200.