Crypto Outlook: Holiday Liquidity & Key Data | Nov 24 – Dec 1

Thanksgiving week will see reduced U.S. trading activity, with markets closed on Thursday, Nov 27, and operating shorter hours on Friday. Key economic data will be released in clusters on Tuesday and Wednesday, including durable goods, GDP (2nd estimate), personal income/PCE, and consumer confidence. As a result, crypto prices will likely follow dollar and rate movements. Daily ETF flows are expected to be the main market driver this week.

Bitcoin (BTC)

Spot & levels (today)

• Live: ~$86,773.
• Support: $85,000–$86,000, then $82,000–$83,000
• Resistance: $90,000–$92,000, then $95,000–$97,000
• After last week’s break below $90,000, the Bitcoin market remains fragile. In a thinner holiday market, price moves can extend further due to lower liquidity.

Flows/positioning

Throughout the week, refer to daily U.S. spot BTC ETF data published after market close to gauge the market’s direction. With low liquidity, each ETF update has an even larger influence on price action than usual.

Ethereum (ETH)

Spot & levels (today)

• Live: ~$2,825.78.
• Support: $2,750–$2,800, then $2,600–$2,650
• Resistance: $2,900–$3,050, then $3,200
• During Tuesday and Wednesday’s major U.S. economic data releases, monitor the ETH/BTC ratio. This ratio often gives earlier signals of macro-driven market shifts on these key days.

Solana (SOL)

Spot & levels (today)

• Live: ~$129.94.
• Support: $126–$128, then $120–$122
• Resistance: $134–$138, then $145–$150
• Expect pronounced volatility and larger intraday price swings around scheduled U.S. economic releases, given the high-beta nature of the asset.

What matters this week

High-beta activity is expected to continue this week. With a thin market during U.S. data releases, anticipate unusually wide intraday price ranges.

XRP

Spot & levels (today)

• Live: ~$2.06.
• Support: $2.00–$2.05, then $1.90–$1.95.
• Resistance: $2.15–$2.25, then $2.35–$2.50.
• XRP trades as a complex beta, with few headline-driven moves currently.

Context

XRP continues to act as a complex beta in a quiet news environment. Flows and the U.S. dollar trend will guide its direction.

Sentiment snapshot

• Macro: Lower liquidity during the holiday means markets are more sensitive to big headlines. Tuesday and Wednesday's data releases can move the dollar, rates, and, by extension, crypto prices.
• Flows: ETF prints remain mixed by issuer; treat them as confirmation, not foregone direction.
• Positioning: Post-flush leverage is cleaner, but alts still find thin pockets on spikes.
• Skew: BTC and ETH are viewed as “safer” options within crypto. SOL and XRP have more upside, but also higher risk.

Catalyst calendar (next 7 days)

One-week scorecard

Using Nov 17 daily closes vs today’s live:

Calls vs reality

• We said macro would dominate with ETF flows doing the confirming — that held; ranges respected levels into the data window.
• We flagged ETH/BTC into macro — ratio signaled early around the mid-week prints.
• We said levels would do most of the talking — price remained inside the defined bands except during brief liquidity gaps.

Closing thought

Let price come to you. Wait for price levels to reach your targets. Holiday weeks favor patient strategies: focus on your planned levels, let economic data and ETF flows confirm direction, and avoid reacting to sudden, thin-market moves.