Key Insights:

• BTC extended its weekly winning streak to five in the week ending November 19.

  關鍵見解：截至 11 月 19 日當週，BTC 將每週連漲紀錄擴大至五連漲。

• Investor sentiment toward a BTC-spot ETF market continued to fuel buyer demand.

  投資者對 BTC 現貨 ETF 市場的情緒持續刺激買家需求。

• Elon Musk and SpaceX capped the weekly gains for dogecoin (DOGE).

  馬斯克 (Elon Musk) 和 SpaceX 限制了狗狗幣 (DOGE) 的每週漲幅。

• BTC-Spot ETF Trail Goes Cold

  Bitcoin (BTC) rallied 1.91% on Sunday, ending the week up 0.68% to $37,386. Dip buyers returned as investors moved on from the approval window for the SEC to approve 12 BTC-spot ETFs.

  BTC 現貨 ETF 走勢冷淡比特幣 (BTC) 週日上漲 1.91%，本週上漲 0.68% 至 37,386 美元。隨著投資者離開 SEC 批准 12 隻 BTC 現貨 ETF 的批准窗口，低價買家又回來了。

  The SEC announced delays to the application reviews for the Franklin and the GlobalX BTC-spot ETFs, testing buyer demand. Notably, the ETF community expected the SEC to push back the reviews. The consensus is the SEC wants to avoid the crypto market accusing the SEC of playing kingmaker. Approving the applications in one batch would avoid such a scenario.

  美國證券交易委員會 (SEC) 宣布推遲 Franklin 和 GlobalX BTC 現貨 ETF 的申請審核，以測試買家的需求。值得注意的是，ETF 界預計 SEC 將推遲審查。人們的共識是，美國證券交易委員會希望避免加密貨幣市場指責美國證券交易委員會扮演國王的角色。大量批准申請可以避免這種情況。

  In the meantime, the SEC’s Trading and Markets discussed ‘cash creates’ and in-kind structures with BTC-spot ETF applicants.

  同時，美國證券交易委員會的交易和市場部門與 BTC 現貨 ETF 申請人討論了「現金創造」和實體結構。

  Discussion and agreement on the final structure are unlikely to cause a delay. Bloomberg Intelligence ETF Analyst Eric Balchunas expects the process to take two weeks.

  對最終結構的討論和達成一致不太可能導致延誤。彭博資訊 ETF 分析師 Eric Balchunas 預計此過程需要兩週時間。

  
  

  

  
  

  Dogecoin (DOGE) Got Musked

  Dogecoin (DOGE) tumbled 7.71% on Saturday before a 0.37% gain on Sunday. Despite the Saturday sell-off, DOGE ended the week up 3.34% to $0.0804.

  狗狗幣 (DOGE) 受到質疑狗狗幣 (DOGE) 週六暴跌 7.71%，週日上漲 0.37%。儘管週六遭遇拋售，DOGE 本週仍上漲 3.34%，至 0.0804 美元。

  On Saturday, investors reacted to news of SpaceX losing its Starship spacecraft while on a test flight. The spacecraft made it through hot staging before the early trigger of the automated flight termination system. The SpaceX team announced the loss of data at T + 00:11:00.

  週六，投資者對 SpaceX 在試飛時失去其 Starship 飛船的消息做出了反應。在自動飛行終止系統提前觸發之前，太空船已完成熱分級。 SpaceX 團隊於 T + 00:11:00 宣布資料遺失。

  Utility has been the key to the success of DOGE and its ascent to become a bonafide top 10 crypto by market cap. Elon Musk has been instrumental in the rise of DOGE. SpaceX began accepting DOGE for payments in 2022 after Tesla (TLSA) allowed DOGE payments for merch on January 14, 2022.

  實用性一直是 DOGE 成功的關鍵，也是它躋身真正的市值前 10 名加密貨幣的關鍵。馬斯克 (Elon Musk) 在 DOGE 的崛起中發揮了重要作用。在 Tesla (TLSA) 於 2022 年 1 月 14 日允許 DOGE 支付商品後，SpaceX 於 2022 年開始接受 DOGE 付款。

  News of DOGE traveling to the Moon kickstarted a breakout week for DOGE. Despite SpaceX spacecraft loss, DOGE will travel on Peregrine Mission 1 to the Moon in December 2023.

  DOGE 前往月球的消息開啟了 DOGE 突破性的一周。儘管 SpaceX 太空船失事，DOGE 仍將於 2023 年 12 月搭乘遊隼 1 號任務前往月球。

  On Monday, November 20, DOGE was down 0.25% to $0.0802.

  11 月 20 日星期一，DOGE 下跌 0.25%，至 0.0802 美元。

  

  DOGEUSD 201123 Daily Chart

  Technical Analysis

  Bitcoin Analysis

  BTC held above the 50-day and 200-day EMAs, affirming bullish price signals.

  DOGEUSD 201123 日線圖技術分析比特幣分析BTC 維持在 50 日和 200 日均線之上，確認了看漲的價格訊號。

  A BTC break above the $37,600 resistance level would support a move to the November 9 high of $38,029.

  BTC 突破 37,600 美元阻力位將支持其升至 11 月 9 日高點 38,029 美元。

  Crypto-spot ETF-related news remains the focal point for the crypto market.

  加密貨幣現貨 ETF 相關新聞仍是加密貨幣市場的焦點。

  A drop below the $37,000 handle would bring the $36,400 support level into play.

  跌破 37,000 美元關卡將使 36,400 美元支撐位發揮作用。

  The 14-Daily RSI reading of 63.92 indicates a BTC move to the November high of $38,029 before entering overbought territory.

  14 日 RSI 讀數為 63.92，顯示 BTC 在進入超買區域之前將升至 11 月高點 38,029 美元。

  

  BTCUSD 201123 Daily Chart

  Ethereum Analysis

  ETH remained above the 50-day and 200-day EMAs, affirming bullish price signals.

  BTCUSD 201123 日線圖以太幣分析ETH 仍高於 50 日和 200 日均線，確認了看漲的價格訊號。

  An ETH break above the $2,021 resistance level would support a move toward the $2,143 resistance level.

  ETH 突破 2,021 美元阻力位將支持其向 2,143 美元阻力位移動。

  However, a drop below $2,000 would support a fall to the $1,926 support level.

  然而，跌破 2,000 美元將支撐跌至 1,926 美元的支撐位。

  The 14-period Daily RSI at 59.70 suggests an ETH move to the $2,143 resistance level before entering overbought territory.

  14 週期每日 RSI 為 59.70，顯示 ETH 在進入超買區域之前將升至 2,143 美元阻力位。

  

  ETHUSD 201123 Daily Chart