If the price continues to fall, it may drop to $80,000, and the support level at $80,000 may be the limit of this pullback, which is actually beneficial for the healthy development of the market. Bitcoin often retests previous support levels to consolidate upward momentum and clean up leveraged positions and short-term speculators. However, before falling to this level, Bitcoin will first test several support levels above this price. The next support level below $90,000 is $87,000. Standard Chartered expects Bitcoin to recover after falling to this level, and a rebound may occur before the end of the year, with the holiday season potentially pushing Bitcoin above $100,000. Therefore, I think this decline is only temporary; we can observe the situation before increasing positions, as the coin may rise later.
Currently, the market for established mainstream public chains, meme coins, and the GameFi sector has basically gone through a wave, and it's now time for the ETH series sectors, such as Eigen, Pendle, and Uni, which have already started to rally.
Next, the RWA sector's Polyx, Rio, etc., also have opportunities. The AI sector has not yet exploded, but it should not be ignored; it will eventually have a surge.
The performance of established mainstream coins has temporarily reached a pause; now it is time to look for opportunities in other sectors. As for the meme sector, coins like ACT and PNUT should still see another wave. You see, with one bullish candle, all negative emotions have disappeared.
Don't say CZ has any impact on the meme sector; the ones really anxious are those 'dog pools'; they are the main drivers of the market.
Soaring soon: 3 altcoins with potential bull market profits of up to 100 times!
ORDI
Given the current market sentiment, Bitcoin is approaching $100,000, and altcoins are generally experiencing an explosion. ORDI can be added to the watchlist for now. Ordi is the pioneer of the BRC20 track, both in terms of historical status and market recognition, it holds substantial value, with market capitalization and trading volume already being truly top-tier.
The real buying point for ORDI worth betting on hasn't arrived yet; we can only keep an eye on it for now. If you prefer stable investments, Ordi is a high-quality choice with a long-term outlook.
AGENT
Everyone can pay attention to AGENT on Gate, which is performing well. Recently, Agent has gained several percentage points, and there are big moves again this time. It has launched on Germany's largest CEX - BitpandaAgent. One of the founders, Professor Liu Yang, is a globally recognized scientist in the top 2% acknowledged by Stanford University. Additionally, November 30 is the project's one-year anniversary, during which a token burn plan will be released, and product income will be regularly used to buy back and burn AGENT, which is indeed a significant positive news, worthy of long-term attention.
DOGE
Dogecoin is expected to become one of the payment currencies, thanks to the strong support from Elon Musk. It is the first MEME coin, akin to Bitcoin's status in the cryptocurrency realm—the MEME king.
If you haven't invested in Dogecoin yet, this pullback is an excellent opportunity!
As long as the price of Dogecoin can break through the $0.5 barrier, it will have entered the 'bull market' door. Moreover, Trump's inauguration may give Dogecoin another boost, helping it move towards the $1 target.
