#数字资产市场观察 【Market Observation on November 28th, early morning】

I just glanced at the market data, with the total market capitalization hovering around $2.84 trillion, a slight correction of 0.56% over the past 24 hours. Here are a few key points worth noting:

First, let's look at the performance of mainstream coins——
BTC is currently at $90,975, with a slight increase of 0.32% within the day. It has recently been fluctuating in the range of 89k to 92k. There is clear resistance at 92k above, while 89k is a key support level below. If it cannot hold, it may need to test lower levels.

ETH is slightly weaker, around $3,002, down about 0.9%. In the short term, 2,950 is a support level, and to break through, it must first get past the hurdle of 3,050.

Actually, $XRP is quite impressive, surging by 10.33% to reach 2.19 USD, and this wave has directly lifted market sentiment.

Let's talk about on-chain trends again —
On the 27th, there was a net inflow of 7,304 BTC into exchanges, what does this indicate? Holders are not in a hurry to sell. On the futures side, open interest has decreased by 2.5%, with shorts being liquidated for 61 million dollars, while longs only faced liquidations of 11 million; selling pressure is easing.

Be especially careful on weekends. Trading volume usually drops by 20-30%, and with a thinner market, fluctuations can easily be amplified. Gaps left by CME often get filled on Mondays; this is an old rule. When liquidity is poor, a single large order can cause an instantaneous fluctuation of 5-10%, it's no joke.

I personally suggest being conservative in operations:
• Position control at 30-40%, mainly allocated to BTC and ETH, while the remaining can be diversified into $XRP, SOL, DOGE.
• Consider taking profits if BTC breaks 92k, and cut losses decisively if it falls below 89k.
• Take profit for ETH at 3.05k, stop loss at 2.95k
• Keep a close eye on the capital flow and funding rates of the exchange. ( Currently, long positions are paying. ) and any sudden policy news.

In simple terms, this weekend is likely to fluctuate weakly in low liquidity. The key is whether BTC can hold the support at 89k; without significant positive news, it is expected to oscillate within a range. However, if a regulatory black swan event or a whale sell-off occurs, the drop below 89k could happen quickly.

In short: always set a stop-loss and don't easily chase highs to increase your position.