The big bull market is coming! Bitcoin continues to hit new highs, the first time in history!

Last night, the U.S. Department of Labor released data on the evening of the 13th showing that the U.S. CPI (Consumer Price Index) in October rose 2.6% from the same period last year and rose slightly by 0.2% from September this year. Both were in line with previous expectations.

At the same time, the core CPI, excluding food and energy, remained the same as in September at 3.3%, with an annual increase of 3.3%, both in line with market expectations.

The data was in line with expectations, reinforcing expectations of a further rate cut in December. Bitcoin once again hit a new high last night, breaking through the $93,000 mark in the early hours of the morning, reaching a high of $93,263. However, there is currently a severe selling pressure at $93,000, and after a high and a fall, the price is currently fluctuating around $90,000.

I will give you a brief analysis of the status of altcoins in this round of market:

At present, Binance has gone through two rounds of bull market, and hundreds of copycat project parties have sold most of their chips. It is not possible to get out of the bull market with just a little capital, and its vitality is approaching the end. In today's market with a shortage of funds, pulling the market will bear considerable risks.

Therefore, we see that most of the altcoins are still hesitating today when Bitcoin is close to 100,000. They only wait for Bitcoin to fluctuate and then try their best to make money by selling contracts. To put it bluntly, these project owners have given up. One reason is that they have made enough money, and the other is that they have no chips left.

So we see that the projects launched on Binance recently are very strange, all of them are MEME coins with a market value of 10 or 20 million; because there is no other way, they have to find fresh blood to save Binance’s current situation, and Binance will buy some chips in advance to manipulate these MEME coins, so now it is more like a meme bull.

Now we are going to focus on

1. The market of Tugou will definitely be better than the two old projects of Binance.

2. Pay special attention to Binance’s new projects, because this is their self-rescue project and they must boost the market.

2. BTC is still running above the upward 5-day moving average, and it is still far from falling below the 5-day moving average. Therefore, the rise is that the time window has not been completed, and the altcoin has fallen sharply. The scenario here may be that BTC consolidates strongly horizontally, and the altcoin bottoms out for 1 day, and then resonates upward (2~3 days)

Ambush the following 3 altcoins in the bull market that are expected to increase 100 times!

1、BONK

Bonk (BONK) has been in the spotlight lately for its outstanding performance, even amidst volatile markets. Currently trading at $0.00003819, BONK has surged 12.6% in the past 24 hours, showing strong investor interest. Its market cap is currently $2.86 billion, with trading volume surging to $2.49 billion.

BONK’s recent price increase during the market correction hints at its potential to be a promising investment. As the market stabilizes, more and more investors are exploring BONK to diversify their portfolios. Previously, BONK was in a bearish phase with support around $0.00002, but a proposal to reduce its supply has inspired confidence, boosting the market cap.

BONK has temporarily outperformed other meme coins on the Solana network, such as WIF, BOME, and SLERF. Investor interest has increased following recent developments, including BONK joining on-chain data provider Xangle, which allows users to track real-time data on BONK supply and exchange listings.

This follows BONK DAO’s decision in April to burn 278.39 trillion BONK tokens, a decision approved by 99.9% of voters. Previous token burns have typically led to price increases, reflecting investor confidence in BONK’s strategy.

2、DOGE

DOGE has always been one of my most optimistic currencies. After Trump took office, Dogecoin's performance became the biggest winner. The support of the two giants, Musk and Trump, has undoubtedly injected huge impetus into DOGE. Dogecoin not only has the aura of Musk's "son", but also the endorsement of the DOGE department, ETF and meme culture blessed by the Trump administration. These factors together provide strong market support for DOGE. In addition, DOGE has extremely strong narrative ability, and it is expected to further open up the global payment network in the future, which also means that its application scenarios will continue to expand. Therefore, DOGE may be stronger than the previous bull market in the future, and the goal of $1 is no longer out of reach.

3、POPCAT

POPCAT is a new entrant in the cryptocurrency space that aims to reinvigorate a market still plagued by challenges such as inactive wallets and volatility. POPCAT addresses common issues such as pump and dump schemes and canvassing by improving transparency and security. Utilizing innovative blockchain technology and leveraging the power of the Solana network, POPCAT is committed to providing fast and secure transactions. The project's goals are robust, and its potential to bring significant returns makes it an interesting token for those looking to explore new ventures in the digital asset space.

The market capitalization of POPCAT (POPCAT) has grown to $1.89 billion, and along with the rise of other SOL-related meme coins, its price has also followed closely and soared by nearly 27% in the past 24 hours. And POPCAT's recent performance indicates bullish sentiment, and its upward momentum is likely to continue. As the first cat-themed project ever, the success of memecoin shows that with strong community support, meme culture can drive projects to the top of the market.

4、ON

Before the weekend, SUI price ushered in a wave of amazing surge, successfully breaking through the $3 mark and setting a new high! As the price started a new week of trading at this key level, the shorts failed to pull the price back below $3, indicating that the bulls are gradually taking the lead. Now, SUI has entered a critical stage of price discovery, and the question is where is the pause point for the next rise?

As the bulls have firmly controlled the market from the beginning, SUI continues to attract buying orders. Although the bears have tried to fight back, the buying pressure is still strong from the MACD indicator, which further confirms the bullish trend. The RSI has entered the overbought area and there is almost no sign of reversal in the short term. Therefore, it can be predicted that the SUI price will fluctuate and consolidate in this range, accumulating strength to break through the $5 mark and welcome a higher high!