Bitcoin previously touched $99,800, and just as it was about to hit the historic $100,000 mark, it gradually pulled back, momentarily falling below $91,000. The reason behind this was nothing special; investors simply started taking profits, and after a substantial position exited, the price naturally declined. Bitcoin is currently consolidating around $97,000, with a weekly change nearly flat.

Currently, it is expected that Bitcoin will fluctuate in the short term, occasionally dipping downwards. There should be no upward breakout in the short term, and SOL is similarly positioned.

ETH will also continue to recover the ETH/BTC exchange rate during this golden time, with today's rate rising to 0.0383, not far from 0.04. By December, we should see 0.04, and ETH's momentum has not stopped.

Today's BTC Fear and Greed Index has reached 81, with the market primarily anxious. In this situation, it is appropriate to dismantle leverage, hold onto spot positions, and wait for Bitcoin to consolidate.

Position yourself for a potential 100x increase with these 4 altcoins!

1. WLD

Worldcoin (WLD) has recently seen a significant price increase of 15%. This uptrend coincides with the announcement of the World ID passport credential at the 'New World' event in San Francisco. This new feature allows users to securely link NFC-enabled passports to their World ID, enhancing convenience and security.

Additionally, the World ID Passport Credential ensures that sensitive personal data is only stored on the user's device. Its privacy-centric design takes advantage of the anonymity features of the World ID protocol. This pilot project has been launched in Chile, Colombia, Malaysia, and South Korea, demonstrating its commitment to improving user access and security.

This news had a significant impact on the market. Once the news broke, the price of Worldcoin quickly surged from $2.50 to $2.90, accompanied by increased trading activity. The price surge reflects a rise in investor interest and speculative trading triggered by the launch of this feature.

This surge reflects an increase in investor confidence, thanks to the innovative 'World ID Passport Credential' and the platform's further growth potential.

2. PEPE

Emerging from the popular meme 'Pepe the Frog', PEPE has had built-in traction since its inception, with market acceptance skyrocketing. The 'No Tax + Burn' dual mechanism cleverly alleviates inflation concerns, having previously achieved a market cap of $1.6 billion. Today, community enthusiasm remains high, demand is bullish, and they are ready to continue writing legends and expanding their territory. Market tips:

Chainlink has launched new tools aimed at enhancing the security and privacy of blockchain transactions for financial institutions. This suite includes two key products: CCIP Private Transaction and Blockchain Privacy Manager.

CCIP Private Transaction is a decentralized encryption protocol that protects transaction details. The Blockchain Privacy Manager helps institutions connect to private blockchain networks while safeguarding sensitive information. These tools allow organizations to conduct blockchain transactions while sharing only the necessary information, addressing privacy concerns without compromising regulatory compliance.

This development aims to make blockchain technology more appealing to institutions by ensuring data confidentiality. These tools also address the long-standing challenge of balancing transparency and privacy, which is crucial for the broader adoption of decentralized technologies.

Chainlink's current market price is approximately $19.6, reflecting a 4.14% increase over the past 24 hours. Its trading price is 43.10% higher than the 200-day simple moving average (SMA) of $13.17. The sentiment indicator 'Fear and Greed Index' shows extreme greed, scoring 81, indicating a high level of market optimism.

The performance indicators for this cryptocurrency are good, with 18 trading days showing an upward trend in the past 30 days. Its 14-day Relative Strength Index (RSI) is at 58.53, indicating a neutral market trend, which may lead to sideways trading.

4. NEAR

NEAR is very close to a breakout. Without puns aside, it indeed looks that way. The downtrend line extending back to early 2022 has once again become a resistance. However, as the price currently stays above the 0.236 Fibonacci level, a breakout may not be far off.

If a breakout occurs, the first target will be to breach the next Fibonacci level at $8.53, but more importantly, the $NEAR bulls will need to push the price a little higher and break through the volatility high of $9.11. If this happens, the downtrend will be formally broken, and it is likely to continue rising from there.