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On November 27, 2025, we will follow up on the market trends.
The pancake showed strong upward momentum during the early morning hours, starting from the 86620 line and breaking through the 90,000 integer mark. It is currently consolidating strongly near the upper band of the Bollinger Bands. The current focus is on the stability at the 90,000 integer level, as this price point will determine the direction of the subsequent market. If the pancake can stabilize above 90,000 at the close, it means that this level has successfully transformed from a resistance level to a support level, and the short-term upward momentum is expected to continue. Conversely, if it fails to stabilize after repeatedly testing the 90,000 level, there is a possibility of a retreat.
Ethereum synchronizes with Bitcoin, making a strong breakthrough at the 3,100 level. We will see if it can hold steady at this key position of 3,000.
Currently, the short-term pressure for the pancake is at the 92,000 line, with strong support at 85,000; Ethereum currently has strong pressure at the 3,200 line, with support at the 2,800 line.
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