4E: The trading atmosphere in the Thanksgiving Day market tends to be dull, and the overall trend of consolidation in a narrow range is maintained.
Editor
2024-11-29 11:32:01 9,488
According to news on November 29, the U.S. financial market was closed for Thanksgiving on Thursday, and trading was light and liquidity was weak. Bitcoin experienced a strong rebound yesterday after some investors took profits and experienced a significant correction. Bitcoin once rebounded to US$97,200. At the time of writing, it was trading at US$96,382. It continued to fluctuate and held on to the 95,000 level, rising slightly by 0.68% in the past 24 hours.
Ethereum has been performing strongly recently. Yesterday, the price reached a maximum of $3,684, setting a new high in more than five months. It also led to a general rise in ecological tokens. The L2 and DeFi sectors performed well, and the market may officially usher in the copycat season. At present, Ethereum continues to fluctuate in the range of US$3,500~3,600 after rising higher and falling back. It was reported at US$3,564 at the time of writing, down 1.6% in 24 hours.
In terms of foreign exchange commodities, the U.S. dollar index rebounded to 106.21 on Thursday after falling to a two-week low in the previous session. The euro fell against the U.S. dollar as traders reduced their bets on further interest rate cuts by the European Central Bank, while the currency market was generally affected by the U.S. holiday. The performance was lackluster. Gold prices rose as geopolitical uncertainty and trade concerns boosted safe-haven demand. Oil prices rose on Thursday, with news of the situation in Israel and Lebanon and the postponement of the OPEC+ meeting supporting oil prices, boosting U.S. oil and Brent oil to rise by more than 0.8%.
Due to the impact of the Thanksgiving holiday, the market trading atmosphere has become dull, which also greatly reduces the possibility of the market prices of various assets breaking through the existing range. eeee.com is a financial trading platform that supports cryptocurrencies, stock indexes, bulk gold, foreign exchange and other assets. It recently launched a USDT stablecoin financial product with an annualized return of 5.5%, providing investors with potential hedging options. 4E reminds you to pay attention to market fluctuation risks and allocate assets reasonably.