Bitcoin previously touched $99,800, and as it approached the historic price of $100,000, it gradually retraced and briefly fell below $91,000. The reason behind this is not particularly special; investors began to take profits. After a significant portion exited, the price naturally declined. Bitcoin has now returned to $97,000, consolidating with almost flat weekly growth.

Currently, it is expected that Bitcoin will experience fluctuations in the short term, occasionally dipping downward. There should be no upward breakout actions in the short term, and SOL is similar.

ETH will also continue to repair the ETH/BTC exchange rate during this golden period, with today's rate rising to 0.0383, not far from 0.04. By December, we should see 0.04, and ETH's momentum is still ongoing.

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

Layout the following 4 altcoins for a potential 100x increase!

1. WLD

Worldcoin (WLD) has recently seen a significant price increase of 15%. This upward momentum coincides with the announcement of the World ID Passport Credential at the San Francisco 'New World' event. 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 stored only on the user's device. Its privacy-centric design leverages 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 has had a significant impact on the market. Once the news broke, the price of Worldcoin quickly soared from $2.50 to $2.90, and trading activity increased as well. The price surge reflects increased investor interest and speculative trading triggered by the feature's launch.

This surge reflects the increased confidence of investors, thanks to the innovative 'World ID Passport Credential' and the platform's further growth potential.

2. PEPE

Originating from the popular meme 'Pepe the Frog', PEPE has attracted attention since its inception, with overwhelming market acceptance. The 'No Tax + Burn' dual mechanism cleverly alleviates inflation concerns, having once created a market cap achievement of $1.6 billion. Today, community enthusiasm remains high, demand is bullish, and they are gearing up to continue the legend and expand their territory. Market tips:

Chainlink has launched new tools aimed at enhancing the security and privacy of blockchain transactions for financial institutions. The 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 protecting sensitive information. These tools allow organizations to conduct blockchain transactions while only sharing necessary information, addressing privacy concerns without compromising regulatory compliance.

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

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 high market optimism.

The performance indicators of 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 58.53, indicating a neutral market trend that may lead to sideways trading.

4. NEAR

NEAR is very close to breaking out. Putting puns aside, it does seem to be the case. The downtrend line that has extended to early 2022 has now become resistance again. However, as the price currently remains above the 0.236 Fibonacci level, a breakout may not be far off.

If a breakout occurs, the first target will be to break the next Fibonacci level at $8.53, but more importantly, the $NEAR bulls will need to push the price up a bit and break the volatile high point of $9.11. If this happens, the downtrend will be officially broken, and it is likely to continue moving upward from there.