After the announcement of the Federal Reserve's interest rate decision in the United States today, the cryptocurrency market began to experience a plunge, with Bitcoin crashing dangerously close to the $100,000 mark, and Ethereum also dipping to $3,617.

Since hitting 90,000 this round, we have already experienced three rapid declines, and today marks the fourth. It can be said that the previous three declines consumed a significant amount of buying power, so there hasn't been much buying power observed after this drop; instead, there has been a gradual decline following a period of consolidation, which essentially buried another wave of bottom-fishing funds.

In fact, as long as there is no crash, the current small points of decline are beneficial for the overall long-term bull development. After all, some profit-taking needs to be realized, and if you are still facing liquidation after a few points of decline, then you really need to rethink your trading strategy.

The best case for Bitcoin is to rebound to around 103,000, and Ethereum (ETH) will definitely continue to rise gradually. Below 3,700 is actually very suitable for small long-term investments; waiting for it to return above 4,000, those who are risk-averse can sell some and then wait for a pullback. The market should switch to 'defensive mode'... for small coins, there’s not much to say; large exchanges average 5 projects a day, and on-chain there’s an average of one project every second, so no amount of money is enough to flow. The altcoin season should not be approached with a rigid mindset but rather respect the facts.

Can we bottom fish now?

I think there’s no rush to bottom fish; you can adopt a strategy of buying heavily during large drops, moderately during small drops, and not buying at all when prices don’t drop to gradually collect low-priced chips.

The current market situation is that Bitcoin and Ethereum are supported by spot ETFs and traditional large capital, with a relatively large buying power below, so they won't drop much.

However, most altcoins lack the support of large capital; once they drop, there are no support levels, mainly relying on market sentiment.

Recently, new coins on Binance have also lost their profit effect, with prices generally falling continuously after listing, and the speed of halving is increasing. During times of insufficient market liquidity and low sentiment, it is recommended not to engage with new coin projects on Binance. We should primarily ambush those projects with long-term narratives. Based on the current trend, if Bitcoin continues to pull back, altcoins may face even steeper declines. Therefore, it is crucial to manage positions well and keep some funds ready for the Christmas correction.

The bull market is not over! 3 major cryptocurrencies are 100-fold opportunities for future bottom fishing!

NEIRO

NEIRO relies on the powerful Ethereum ecosystem, focusing on innovative application development and possesses groundbreaking technical advantages. Low market cap, high potential: based on the current market cap, NEIRO has the potential for a hundredfold or even thousandfold growth in a bull market. Such investment returns can only be brought by a few coins.

Community Support: Neurons have a passionate and continuously growing community, which is the biggest driving force behind the growth of small-cap coins. Currently, prices are low, and it's a matter of patiently waiting for the golden opportunity to enter. Looking back, many hundredfold coins were underestimated at the beginning, but those investors who seized the opportunity reaped substantial rewards.

WIF

The WIF EMA line currently shows a bearish pattern, with the short-term EMA below the long-term EMA. This setup indicates that downward pressure persists, and WIF may test the support level at $2.19. If it fails to hold this level, the WIF price could further decline, potentially reaching $1.85 as the next important support level.

On the other hand, if the WIF price can reverse its downward trend and regain positive momentum, it may challenge the resistance level at $2.91. Successfully breaking through this level could pave the way for further upward movement, targeting a price of $3.47, and if the upward trend strengthens, it could even reach $4.

ENS

The creators of Ethereum Name Service (ENS), ENS Labs, are taking significant steps to enhance scalability and accessibility. By the end of 2025, they plan to launch Namechain, a layer 2 aggregation network aimed at making ENS cheaper and more widely available within the layer 2 ecosystem. This bold initiative underscores ENS Labs' commitment to innovating decentralized naming systems that link human-readable names to cryptocurrency addresses.

ENS has always attracted attention with its forward-thinking approach. Although this year the token has faced challenges in breaking through key resistance levels, recent developments suggest it may be on the verge of a turnaround. If the current trend continues, the price of ENS could soon rise significantly again.