Will BTC and ETH break through new highs today, November 26?

This week, bets on the Federal Reserve's rate cut in December have skyrocketed from last week's 30% probability to 80%. The futures contract open interest has surged dramatically over three days, and the yield on the ten-year U.S. Treasury has fallen below 4%. It feels like a proper "rate cut frenzy."

Yesterday, the pre-market was fluctuating in the range of 86000-89000. We publicly suggested a long position near 86500 for BTC, which peaked at around 88200. The second cryptocurrency retraced to around 2865 for a long position, which then rose to about 2990. In the evening live broadcast, there was a slight correction in the US stock market. The current price is 96200-96400, so we suggest going long directly, looking for a breakout above 87700 to continue upward.

Thanksgiving is approaching, and the US stock market will close early on Thursday and Friday. Pay attention to unemployment claims in the evening.

BTC operation suggestion 85600-85900 long, target 87700 breakthrough look at 88400

ETH trading suggestion 2820-2837 long, target 2920 break to look at 2980-3020$BTC $ETH #今日你看涨还是看跌？ #十二月降息预测

BTC-2.62%

ETH-3.79%

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