In the past few days, the price of Bitcoin has continued to rise, reaching a high of US$93,000, a record high, which has also driven up the prices of other small and medium-sized cryptocurrencies and altcoins. However, the increase in Bitcoin is still greater than that of other competing coins, indicating that investor funds, especially formal institutional funds, continue to buy Bitcoin spot ETFs and have not yet spilled over to Ethereum or other targets, which also caused Bitcoin's market share to exceed 60% at one point.

After Bitcoin encountered resistance at $93,000, it first pulled back to $88,000, but then rebounded back to above $90,000, mainly driven by the increase in inflows of US Bitcoin ETFs. It pulled back to $88,000 early this morning for consolidation. There is nothing special behind the reason. After rising too much, some investors began to take profits, and the profit settlement was not small, which is why the price of Bitcoin fluctuated so much.

However, investors do not need to worry too much. This is just a short-term correction in the early stage, because the increase in Bitcoin is still greater than that of most competing coins, which means that funds are still pouring in and there is no spillover. The usual phenomenon at the end of a bull market is that the overall market stops rising, and funds turn to speculating in small and medium-sized cryptocurrencies. Only then will investors consider whether to take profits and wait for the next wave of corrections.

The current layout of 4 types of altcoins is expected to rebound up to 100 times to help you change your car or house!

1、Baby

Pepe (PEPE) is a popular meme cryptocurrency on Ethereum that has attracted attention with a massive increase of 1882% over the past year. The latest PEPE price is $0.0000212. It has performed well in November this year, setting a new all-time high on November 14. This achievement makes it one of the top three tokens worth buying, which is expected to turn $1,000 into $1 million this month! .

The bullish momentum is reminiscent of the highs in May, and traders are looking forward to it, especially as the potential gains of Dogecoin (DOGE) continue to expand

Anticipation of a Coinbase listing could provide a further boost to PEPE, whose market value briefly hit $10 billion after a 75% one-day surge.

Arbitration (ARB)

Arbitrum (ARB) is a leading layer 2 solution that enhances Ethereum’s performance by using optimistic rollups, increasing transaction speeds and reducing costs. Leveraging Ethereum’s strong security framework, ARB delivers increased efficiency, making it a worthwhile Ethereum token to buy.

ARB’s price has retreated to $0.583, highlighting its growing appeal in Ethereum-related investments. $1,000 could turn into $1 million this November. The platform’s total locked value (TVL) is also increasing, indicating that Arbitrum has a bright future in the digital currency space.

But Ethereum tokens worth buying in November have attracted investor interest due to a strong bullish trend and high return potential. This trend provides good opportunities for those looking to expand their investments, making Ethereum tokens an attractive option for turning $1,000 into $1 million.

3.WIF

Dogwifhat (WIF) has shown good momentum this week. On Monday, the stock traded within an ascending triangle, repeatedly testing the $2.70 resistance level. It fluctuated around the 2024 support line at $2.55, which is a key level to sustain bullish momentum. This pattern suggests an upside breakout, especially as WIF closed above $2.55 for eight consecutive days.

After successfully breaking through $2.70, WIF quickly rose to a higher target. As of press time, the trading price has fallen back but is still above $3.5. As the market corrected, WIF fell 10.9% in the past 24 hours, but it still rose by more than 53.18% in the past week, a strong increase.

To rise further, WIF needs to break through the $4.5 resistance level. Technical analysis suggests that if possible, the price could reach $5. The coin’s technical indicators look positive and its current price action suggests potential growth. Many traders are keeping an eye on these levels for additional gains.

Additionally, WIF has broken above the 100 EMA on the hourly chart, suggesting a possible shift in momentum. Previously, WIF had been through a period of volatility, testing higher highs and lower lows. The breakout occurred against a backdrop of volatile trading volumes, suggesting that traders are cautious but increasingly interested.

As WIF gains more attention, a new all-time high (ATH) could be just around the corner. If market conditions remain favorable, Dogwifhat could break above current levels. Investors should keep an eye on market trends and technical indicators to gauge its long-term potential. If Dogwifhat continues to perform well in 2024, it could see further growth.

4.SUI

Sui is a Layer-1 blockchain designed for global adoption. It provides a secure and powerful platform for developers. At its core, Sui uses a novel object-centric data model and the Move programming language. This approach solves the inefficiencies common in current blockchain systems. Sui also emphasizes user experience by removing common barriers to blockchain interaction. With features such as zkLogin, sponsored transactions, and programmable transaction blocks, Sui aims to make web3 applications accessible and user-friendly. The current price of Sui is around $3.33, with support below around $2.85. A pullback is an opportunity to enter the market, which is very suitable for short-term swings!