Traders are entering Thanksgiving with plenty to celebrate this year. Bitcoin's recent surge past previous resistance levels has reignited bullish sentiment across crypto markets. Meanwhile, big-tech stocks have shown remarkable resilience, bouncing back from earlier volatility to post solid gains. Even traditional safe havens like gold and silver are holding strong, adding another layer of confidence for risk-on positioning.

The convergence of strength across these seemingly diverse asset classes—digital currencies, growth equities, and precious metals—suggests broader market optimism heading into the holiday season. Whether this momentum carries through year-end remains to be seen, but for now, bulls have reasons to be grateful.

BTC-5.95%

This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.

20 Likes

Reward
20
7
Repost
Share

Comment

0/400

PumpAnalyst

· 11-29 14:57

Bearish as it may be, this wave of Bitcoin breaking the level indeed has something to it, be wary of the market maker's pump trap. --- Technical aspect exploding? I'm just waiting to see how long the support level can hold, let's not get played for suckers again. --- Big tech stocks and gold rising together, this signal... why does it feel a bit fake? --- Everyone pay attention, this is the last chance to enter a position vibe, history always repeats itself. --- Have you done your risk control? I don't believe this wave can last until the end of the year. --- Intraday swing trading crazy pump, is it a bottom build or a dump? Brothers, take a good look at the Candlestick structure. --- Another "market optimism" story, suckers always die in this kind of narrative. --- The rebound strength is indeed there, but I understand the market maker's tactics too well, it's advised to take profit timely and not be greedy.

View OriginalReply0

CryptoGoldmine

· 11-29 04:28

From the perspective of the Computing Power network growth curve, this wave of market trends is indeed a window period for layout. What does the resonance of multiple assets indicate... institutions are quietly allocating. Is the breakthrough of BTC's previous high significant? It mainly depends on whether the Difficulty Retargeting cycle is stable. I feel that by the end of the year, we still need to see if the Computing Power yield ratio can hold. In this situation where multiple assets are rising together, I pay more attention to the holding cost and ROI cycle.

View OriginalReply0

Tokenomics911

· 11-26 21:30

btc breaks the resistance level and starts shouting bull run, the same old story... --- Can this rebound last until the end of the year? I feel the risk is still quite high. --- Gold and silver have risen, but the crypto world is still falling? Laughing to death, there is simply no correlation. --- With multiple assets rising, be alert for signals of a top. --- Thanksgiving for what? My wallet has been crying for a long time. --- Let's wait and see if it can break the previous high, it's too early to be optimistic now. --- Why do I always feel like these articles are just telling stories? --- Year-end sprint, praying it doesn't plummet. --- Risk-on positioning? Isn't that just the academic term for all in, haha. --- Metals are stable, but that doesn't mean anything, who knows when the giants will cash out.

View OriginalReply0

DarkPoolWatcher

· 11-26 21:29

When Bitcoin breaks out, I should have gone all in; it's too late to say anything now.

View OriginalReply0

Degentleman

· 11-26 21:25

Is the bull run here? However, I still don't trust that this rebound can last until the end of the year.

View OriginalReply0

probably_nothing_anon

· 11-26 21:06

The moment btc broke the resistance level, I knew it was going to da moon, and I feel the year-end market has stabilized.