On Thursday morning Beijing time, the Federal Reserve's Beige Book showed that the U.S. economy is nearly stagnant, with half of the employers in the region showing a decrease in hiring intentions. The market expects an over 80% chance of a rate cut in December. The progress of the ceasefire agreement between Russia and Ukraine is relatively fast, but full implementation will still take several months. U.S. economic data presents complexities, with the labor market exhibiting both resilience and potential weakness. Coupled with a weak dollar, global bond market interactions, and optimistic sentiment in the stock market, this has strengthened the financial appeal of Bitcoin. This increase is the result of multiple factors working together. There are no key data or events today, and coinciding with the U.S. Thanksgiving holiday, the U.S. stock market will close early, with limited expected volatility in the latter half of the day; it is advised to remain cautious in operations.

Current technical indicator analysis shows that the K-line in the past hour has shown a fluctuating upward trend, forming a small bullish line. The daily level has recorded two consecutive days of bullish closes, and the current price is approaching the previous high near the resistance level of 91950. The MACD histogram continues to expand, indicating enhanced bullish momentum, but the fast and slow lines are nearing the overbought area, so divergence risks should be monitored. RSI14 is at 72.78, in the overbought region, suggesting potential short-term correction needs, but the trend remains strong. Both EMA7 and EMA30 are diverging upwards, providing strong support; EMA120 is far from the current price, indicating that the short- to medium-term trend remains bullish.

Zhou Yanling's 11.27 BTC trading strategy:

1. Buy at 89600-90600, stop loss below 88600, target 92500-93500

2. Sell at 93700-92700, stop loss above 94700, target 91000-90000

Zhou Yanling's 11.27 ETH trading strategy:

1. Buy at 2960-3000, stop loss below 2910, target 3100-3160

2. Sell at 3180-3140, stop loss above 3230, target 3050-3000

[The above analysis and strategies are for reference only; risks are to be borne by the reader. The article's review and publication may be delayed, and the strategies may lack timeliness. Specific operations should follow Yanling's real-time strategies.]

The content of this article is exclusively shared by senior analyst Zhou Yanling, who has been engaged in market investment research in the cryptocurrency sector for over ten years. Currently, he mainly analyzes and guides BTC, ETH, DOT, DOGE, LTC, FIL, EOS, XRP, BCH, ETC, BSV, and other cryptocurrency futures/spot operations, possessing a solid theoretical foundation and practical experience, adept at combining technical and news-based operations, focusing on capital management and risk control, with a stable and decisive trading style, recognized by a wide range of investment friends for his amiable and responsible character and sharp, decisive trading actions. $$BTC $ETH