According to the latest market trends and CPI data, the probability of the Federal Reserve cutting interest rates by 25 basis points in December is close to 98.6%, which will greatly increase market liquidity and benefit the cryptocurrency market. In this context, both mainstream and altcoins are likely to have a large upside.

Recently, Bitcoin (BTC) encountered strong resistance above $102,500 and then fell back below $100,000. $102,000 became a key pressure level. If it breaks through this level, it may usher in greater upward momentum.

Stimulated by the news that Coinbase listed pnut and Squirrel, Squirrel rose more than 30% in the past 24 hours. As mentioned before, Squirrel may have a wave of popularity. With its listing on Coinbase, we have reason to look forward to its subsequent performance.

Judging from BTC's K-line, the trend is relatively weak in the short term. The 1-hour level and the 4-hour level show a downward trend, and the 12-hour level is also close to confirming a decline, while the daily level is even weaker. The intraday pressure level is $102,000, and the support level is $97,000.

3 altcoins suitable for bargain hunting with a 10-fold increase in the future:

  1. Toncoin (TON)
    ToncoinThe recent strong market momentum has been driven by strategic investments, especiallyOKX Ventures TowardsTON VenturesInvested $5 million. In addition,OKX andThe Open Platform (TOP) andLeaf VenturesCollaboration launchedTelegram Growth Hub, providing financial support for the development of the TON ecosystem.

    Currently, the price of Toncoin is $6.37, up 19.03% in the past month. Technicals show that the price of TON is well above key moving averages such as the 20-day, 50-day, and 200-day EMA, supporting its continued upward trend. Analysts expect that the price of Toncoin may rise to $21.03 in the coming months, with an upside of 227.07%, meaning it has the potential to become a 10x coin in the future.

    Currently, Toncoin is testing a three-month high and the price could climb further if it breaks above the critical resistance levels of $6.8 and $7.6.

2.Stacks (STX)
Stacks serves as a Bitcoin layer, leveraging Bitcoin’s blockchain to support smart contracts and decentralized applications. This makes Stacks a unique platform that not only enables the transfer of Bitcoin, but also extends its functionality to facilitate transactions on Bitcoin. Stacks is tightly integrated with the Bitcoin state through the Proof of Transfer consensus mechanism and the Clarity language.

Currently, the price of Stacks is $2.43, up 8.29% in the past 24 hours, significantly above the 200-day SMA of $1.90, indicating bullish market sentiment. In the past 30 days, Stacks has had 19 good trading days, proving that its market performance is stable, trading is active, and liquidity is reasonable.

The continued rise and strong liquidity of Stacks make it an asset worth paying attention to by investors. Due to its unique positioning based on Bitcoin, Stacks has great potential for future growth and has become a preferred choice for investors to hold for the long term.

3.Mask Network (MASK)
Mask Network has carved out a unique market for the Web3 space by seamlessly integrating encrypted messaging and decentralized services into social media platforms such as Twitter and Facebook. The platform enables users to enjoy decentralized messaging, payment, file storage, and sharing services without leaving the familiar Web2 environment. One of the most exciting features of Mask Network is its support for Initial Twitter Offerings (ITOs), providing an innovative way for blockchain projects to raise funds.

Currently, MASK is priced at $4.19, up 22.18% in the past 24 hours, with a market cap of $419 million and a significant increase of 65.76% in trading volume to $273 million. MASK's growth has been driven by several strategic initiatives, especially the acquisition of decentralized identity platform Nametag in September 2024, which further enhanced Mask Network's Web3 identity solution Next.ID.

Mask Network is expected to continue to benefit from its innovative features and market demand, with analysts predicting that its price could rise to $5.96 by January 2025. Even in times of market turmoil, MASK’s floor price is expected to remain at $2.58, demonstrating strong resilience and market potential.