Data as of November 7, 2026, 21:00 (UTC+8), sourced from publicly available Binance spot market data.
The U.S. session is the most liquid window of the day. Pay close attention to how funds are absorbed after the U.S. stock market opens.
【Key Takeaways】
BTC is trading at $75,899.68, down 0.2% over 24 hours. It is currently below MA20 and MA50 but above MA200, with a bearish structure; rebounds toward the moving averages are likely to encounter resistance. The four major cryptocurrencies averaged a 0.2% decline over 24 hours, with 1 of 4 rising and combined trading volume of approximately $1.37 billion. Short-term sentiment has improved, but the medium-term trend has yet to show a confirmed signal.
I. Market Overview
• BTC|$75,899.68|24h -0.2%|7d -2.2%|30d -7.2%|Trading volume: $940 million
• ETH|$2,241.82|24h +0.1%|7d -0.6%|30d -9.4%|Trading volume: $280 million
• BNB|$694.42|24h -0.2%|7d -1.4%|30d -5.7%|Trading volume: $41.43 million
• SOL|$89.76|24h -0.5%|7d -6.0%|30d -18.1%|Trading volume: $110 million
BTC accounts for 68.8% of the combined trading volume of the four major assets, indicating a clear concentration of funds in the market leader and reduced upside potential for altcoins.
II. BTC (Bitcoin)|Bearish Moving Average Alignment
Narrow-range consolidation: Currently at $75,899.68, down 0.2% over 24 hours, 2.2% over 7 days, and 7.2% over 30 days; 24-hour range: 74,888.00–76,249.99, with trading volume of about $940 million. The current price is near the middle of the 24-hour range, with buyers and sellers temporarily balanced.
Moving average structure: The current price is below MA20 and MA50, but above MA200. MA20 is 79,450.69, MA50 is 81,950.24, and MA200 is 73,240.35; the 20-day moving average slope is -1.45%. The moving averages are bearishly aligned, with MA20 trending downward. A rebound would first need to reclaim this level.
Momentum and volume: Daily RSI14 is 38.1 (neutral to weak), and 4-hour RSI is 39.1. Trading volume over the past 5 days is about 1.11 times the average for the previous 20 days (volume is steady). Daily RSI is in neutral territory, with no extreme signals yet. The 4-hour trend remains weak, making a rebound look more like a correction than a reversal.
Key levels: Resistance above at 81,971.00 (10-day high) and 84,898.00 (30-day high); support below at 74,888.00 (10-day low). Average True Range (ATR14) is about 2.92%, 20-day closing volatility is 3.04%, down 10.6% from the 30-day high and up 1.4% from the 30-day low.
III. ETH (Ethereum)|Bearish Moving Average Alignment
A tug-of-war between buyers and sellers: Currently at $2,241.82, up 0.1% over 24 hours, down 0.6% over 7 days, and down 9.4% over 30 days; 24-hour range: 2,210.00–2,254.26, with trading volume of about $280 million. The current price is near the middle of the 24-hour range, with buyers and sellers temporarily balanced.
Moving average structure: The current price is below MA20 and MA50, but above MA200. MA20 is 2,326.59, MA50 is 2,493.28, and MA200 is 2,157.24; the 20-day moving average slope is -1.45%. The moving averages are bearishly aligned, with MA20 trending downward. A rebound would first need to reclaim this level.
Momentum and volume: Daily RSI14 is 39.8 (neutral to weak), and 4-hour RSI is 41.8. Trading volume over the past 5 days is about 0.89 times the average for the previous 20 days (volume is steady). Daily RSI is in neutral territory, with no extreme signals yet. Momentum on the 4-hour chart is neutral; the market is awaiting a directional move.
Key levels: Resistance above at 2,450.00 (10-day high) and 2,579.88 (30-day high); support below at 2,174.08 (10-day low). Average True Range (ATR14) is about 3.84%, 20-day closing volatility is 3.24%, down 13.1% from the 30-day high and up 3.1% from the 30-day low.
Relative strength: BTC exchange rate of 0.02954; moved broadly in line with BTC over the past 30 days (-2.4%), with no independent trend for now.
IV. BNB (Binance Coin)|Bearish Moving Average Alignment
Narrow-range consolidation: Currently at $694.42, down 0.2% over 24 hours, 1.4% over 7 days, and 5.7% over 30 days; 24-hour range: 692.40–699.51, with trading volume of about $41.43 million. The current price is near the middle of the 24-hour range, with buyers and sellers temporarily balanced.
Moving average structure: The current price is below MA20 and MA50, but above MA200. MA20 is 721.60, MA50 is 745.23, and MA200 is 657.68; the 20-day moving average slope is -0.87%. The moving averages are bearishly aligned, with MA20 trending downward. A rebound would first need to reclaim this level.
Momentum and volume: Daily RSI14 is 40.5 (neutral to weak), and 4-hour RSI is 44.9. Trading volume over the past 5 days is about 0.81 times the average for the previous 20 days (a marked drop in volume). Daily RSI is in neutral territory, with no extreme signals yet. Momentum on the 4-hour chart is neutral; the market is awaiting a directional move.
Key levels: Resistance above at 761.00 (10-day high); support below at 680.00 (10-day low). Average True Range (ATR14) is about 3.59%, 20-day closing volatility is 3.01%, down 8.9% from the 30-day high and up 2.1% from the 30-day low.
Relative strength: BTC exchange rate of 0.009149; moved broadly in line with BTC over the past 30 days (+1.6%), with no independent trend for now.
V. SOL (Solana)|Bearish Moving Average Alignment
Slight pullback: Currently at $89.76, down 0.5% over 24 hours, 6.0% over 7 days, and 18.1% over 30 days; 24-hour range: 89.65–91.62, with trading volume of about $110 million. The current price is near the lower end of the 24-hour range, indicating short-term weakness; watch for signs of a bottom.
Moving average structure: The current price is below MA20 and MA50, but above MA200. MA20 is 98.27, MA50 is 107.79, and MA200 is 89.06; the 20-day moving average slope is -3.16%. The moving averages are bearishly aligned, with MA20 trending downward. A rebound would first need to reclaim this level.
Momentum and volume: Daily RSI14 is 30.4 (weak), and 4-hour RSI is 38.7. Trading volume over the past 5 days is about 0.90 times the average for the previous 20 days (volume is steady). Daily RSI is in neutral territory, with no extreme signals yet. The 4-hour trend remains weak, making a rebound look more like a correction than a reversal.
Key levels: Resistance above at 103.18 (10-day high) and 113.40 (30-day high); support below at 88.30 (10-day low). Average True Range (ATR14) is about 4.70%, 20-day closing volatility is 5.70%, down 20.8% from the 30-day high and up 1.7% from the 30-day low.
Relative strength: BTC exchange rate of 0.001183; underperformed BTC by 11.8% over the past 30 days and is still passively following its decline.
VI. Fund Rotation
Measured against BTC, BNB was the strongest relative performer over the past 30 days (+1.6%), while SOL was the weakest (-11.8%). There is currently no clear leader in a catch-up rally; prices are mainly following the broader market.
VII. Today's Outlook and Risks
1. BTC is currently below MA20 (79,450.69). Treat a rebound to this level as resistance for now; avoid taking large positions until it moves back above it.
2. BTC, ETH, and SOL are in oversold territory. Watch for rebound opportunities after trading stabilizes on declining volume, but be sure to set stop-losses.
3. Macroeconomic data, Fed statements, and ETF fund flows remain the biggest short-term variables. Technical levels can easily fail in response to unexpected news, so be sure to manage position size.
[Risk Disclaimer] This article is compiled from publicly available Binance spot market data and is intended solely for technical analysis and information sharing. It does not constitute investment advice. Crypto asset prices are highly volatile. Make independent decisions based on your own risk tolerance, and manage positions and stop-losses carefully.
#Crypto #MarketAnalysis