After the U.S. released the CPI data for November, the probability of the Federal Reserve cutting interest rates by 25 basis points in December has risen to 98.6%. If there is another rate cut this month, it will undoubtedly increase market liquidity. This is beneficial for the cryptocurrency market, and there is likely to be significant room for both mainstream and altcoins moving forward. Late at night, Bitcoin fell along with U.S. stocks, peaking at 102,500 before retreating below 100,000. 102,000 is a strong resistance level that needs to be broken through to stabilize.

The U.S. Coinbase is about to launch 41,629,991,683, and Squirrel has also risen over 30% within 24 hours. I remember saying before that Squirrel will have another wave of popularity, so let's look forward to its performance after launching on CB.

Back to today's daily market analysis of 76,685,306,203, from the K-line perspective, the 1-hour level is down, the 4-hour level is down, and the 12-hour level is about to enter a downtrend confirmation, while the daily level has weakened again. The intraday resistance level is 102,000, and the support level is 97,000 USD. 885,062,438,691,241,137,943,087,783,187,087