Key Insights:

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

  关键见解：截至 11 月 19 日当周，BTC 将其每周连涨纪录扩大至五连涨。

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

  投资者对 BTC 现货 ETF 市场的情绪继续刺激买家需求。

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

  埃隆·马斯克 (Elon Musk) 和 SpaceX 限制了狗狗币 (DOGE) 的每周涨幅。

• 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 现货 ETF 走势冷淡比特币 (BTC) 周日上涨 1.91%，本周上涨 0.68% 至 37,386 美元。随着投资者离开 SEC 批准 12 只 BTC 现货 ETF 的审批窗口，低价买家又回来了。

  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.

  美国证券交易委员会 (SEC) 宣布推迟 Franklin 和 GlobalX BTC 现货 ETF 的申请审核，以测试买家的需求。值得注意的是，ETF 界预计 SEC 会推迟审查。人们的共识是，美国证券交易委员会希望避免加密货币市场指责美国证券交易委员会扮演国王的角色。批量批准申请可以避免这种情况。

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

  与此同时，美国证券交易委员会的交易和市场部门与 BTC 现货 ETF 申请人讨论了“现金创造”和实物结构。

  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.

  对最终结构的讨论和达成一致不太可能导致延误。彭博资讯 ETF 分析师 Eric Balchunas 预计这一过程需要两周时间。

  
  

  

  
  

  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.

  狗狗币 (DOGE) 受到质疑狗狗币 (DOGE) 周六暴跌 7.71%，周日上涨 0.37%。尽管周六遭遇抛售，DOGE 本周仍上涨 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.

  周六，投资者对 SpaceX 在试飞时失去其 Starship 飞船的消息做出了反应。在自动飞行终止系统提前触发之前，航天器已完成热分级。 SpaceX 团队于 T + 00:11:00 宣布数据丢失。

  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.

  实用性一直是 DOGE 成功的关键，也是它跻身真正的市值前 10 名加密货币的关键。埃隆·马斯克 (Elon Musk) 在 DOGE 的崛起中发挥了重要作用。在 Tesla (TLSA) 于 2022 年 1 月 14 日允许 DOGE 支付商品后，SpaceX 于 2022 年开始接受 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 前往月球的消息开启了 DOGE 突破性的一周。尽管 SpaceX 飞船失事，DOGE 仍将于 2023 年 12 月搭乘游隼 1 号任务前往月球。

  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 日线图技术分析比特币分析BTC 维持在 50 日和 200 日均线之上，确认了看涨的价格信号。

  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 美元阻力位将支持其升至 11 月 9 日高点 38,029 美元。

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

  加密货币现货 ETF 相关新闻仍然是加密货币市场的焦点。

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

  跌破 37,000 美元关口将使 36,400 美元支撑位发挥作用。

  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 读数为 63.92，表明 BTC 在进入超买区域之前将升至 11 月高点 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 日线图以太坊分析ETH 仍高于 50 日和 200 日均线，确认了看涨的价格信号。

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

  ETH 突破 2,021 美元阻力位将支持其向 2,143 美元阻力位移动。

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

  然而，跌破 2,000 美元将支撑跌至 1,926 美元的支撑位。

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

  14 周期每日 RSI 为 59.70，表明 ETH 在进入超买区域之前将升至 2,143 美元阻力位。

  

  ETHUSD 201123 Daily Chart