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November 20th research report
Yesterday's market review
Yesterday, BTC experienced a slight pump, breaking through 93500 in the short term to reach a new historical high, in line with recent expectations. After a short-term correction, there is hope for further pumping. Follow the market sentiment changes, and there is hope to continue to break new highs in the near future.
ETH is consolidating synchronously with BTC. It is expected to continue consolidating within the day. Keep an eye on the support level at 3000.
altcoin follows the mainstream and consolidates, with some coins pumping. Be patient and continue to hold SATS. Consider closing all positions around 50. PEOPLE is still relatively low, with many getting out of positions, you may consider continuing to hold. Keep holding FTM. The new altcoin ACT is recommended for consideration, as there will be good potential in the future.
Intraday market analysis
BTC 1-hour and 4-hour levels return to healthy levels, the daily candlestick level is above the healthy level, and intraday expectations are for consolidation, with no weakening of the long-term expectations. The intraday support is 90000-91000, and the resistance is 92500-93000 on the upside.
ETH 1-hour and 4-hour levels return to healthy levels, daily candlestick levels are above the healthy level, expected consolidation within the day, support below 3000-3050, resistance above 3200-3250