The market fluctuates violently, with frequent ups and downs, and sharp declines. This is a sign that the bull market is about to start!
Those who play spot trading should pay attention and not be washed out of the market; for leveraged contracts, it is recommended to control the multiples.
In the next week, if it can stand firm at 70,000, all currencies may usher in a leap of about 30%, similar to the market at the beginning of the year. Old currencies such as Shiba Inu, Doge, and Pepe will also rise accordingly.
Among the top 100 currencies in terms of market value, 10 are meme coins, and this wave of "version children" is inevitable. Today, except for Turbo, other currencies have all pulled back, among which BOME has fluctuated greatly due to too many audiences; Dogs and other meme coins also performed differently. However, there is no doubt that there are still several currencies in the market with the potential to rise 10 times, which may be comparable to Pepe and Floki last time.
More importantly, there are still 24 days before the Federal Reserve's interest rate meeting. According to current data, the probability of the Federal Reserve cutting interest rates by 25 basis points in November has reached 88.5%, and two more rate cuts are expected this year, which is good for the currency circle. It is only a matter of time before Bitcoin breaks through $75,000 and sets a new record high.
