November 12, 2026 — Morning Market Update
After U.S. stocks opened last night, Bitcoin once again tested resistance above 75,000, was rejected, and pulled back to around 73,300.
The price has now returned to around 74,000. What should we expect this morning?
Near-term support is at 73,000, with strong support at 71,500. As long as 73,000 holds, the market outlook remains cautiously bullish, favoring buying on dips.
Suggestion: Look for a short-term rebound in the 73,300–73,600 range, with resistance around 75,000 in focus.
For Ethereum, watch resistance at 2,150 today. Near-term support is at the 2,000 level, with strong support at 1,950.
Look for a rebound if the price pulls back to around 2,030–2,050, with resistance near 2,150 in focus.
After U.S. stocks opened last night, Bitcoin once again tested resistance above 75,000, was rejected, and pulled back to around 73,300.
The price has now returned to around 74,000. What should we expect this morning?
Near-term support is at 73,000, with strong support at 71,500. As long as 73,000 holds, the market outlook remains cautiously bullish, favoring buying on dips.
Suggestion: Look for a short-term rebound in the 73,300–73,600 range, with resistance around 75,000 in focus.
For Ethereum, watch resistance at 2,150 today. Near-term support is at the 2,000 level, with strong support at 1,950.
Look for a rebound if the price pulls back to around 2,030–2,050, with resistance near 2,150 in focus.
