After the US announced the CPI data for November, the probability of the Federal Reserve cutting interest rates by 25 basis points in December has reached 98.6%. If rates are cut again this month, it will undoubtedly increase market liquidity. This is positive for the crypto market, and there is likely significant room for both mainstream and altcoins moving forward.
Bitcoin fell with US stocks, retreating below $100,000 after peaking at $102,500. $102,000 is a strong resistance level that needs a push to break through and stabilize. Today is Friday, and based on past experience, the market usually experiences some pullback on Fridays, but I believe today's overall performance should be decent and still shows a bullish trend. However, the fluctuations during the day should not be large; the market will likely consolidate within a range, with some notable changes expected later in the evening.
Today's BTC market analysis shows that the 1-hour level is declining, the 4-hour level is declining, and the 12-hour level will enter a downward confirmation, while the daily level has weakened again. The intraday resistance level is 102,000, and the support level is 97,000 dollars.
The market is taking off again, positioning four mainstream coins that could increase 20-100 times!
1.PNUT
Squirrel Coin surged 400% during Trump's first campaign due to market demand, becoming a dark horse. Now, its price is stabilizing, but the market generally has a positive outlook on its long-term performance.
Especially during a crypto bull market cycle, meme coins like PNUT often show astonishing upward potential. If the Trump administration introduces favorable policies, PNUT may once again become a focus worth watching.
2.BNB
The trading price of BNB is between $646.43 and $816.53, steadily growing over the past six months with an increase of 10.73%. The recent rise of 9.76% this month indicates that momentum is strengthening. The recent resistance level is at $890; breaking this level could target the next resistance level at $1060, providing significant upward space.
The Relative Strength Index is 40.40, indicating that there is still upward space before entering the overbought area. As the altcoin season approaches and the global cryptocurrency market turns bullish, BNB may be ready to break through; if it breaks the current resistance level, it could rise over 20%.
3.PEPE
Pepe Coin is an emerging meme coin that is widely popular among cryptocurrency users. It has now become one of the top three meme coins alongside Dogecoin and Shiba Inu. Currently, the trading price of Pepe is $0.00002524.
Pepe has been continuously rising over the past 30 days, encouraging investors. Despite the recent economic slowdown and mixed technical indicators (oscillator indicators leaning towards neutral with slight sell signals, while moving averages are bullish), there is still explosive growth potential. CoinCodex predicts that, assuming market demand continues to grow, it will increase by 150% by the end of this year to $0.00003596 and quadruple by 2025. Investors seeking high return potential should consider Pepe, as it has community-driven enthusiasm and an excellent market position that could expand their portfolio to millions within six months.
4.ADA
Cardano (ADA) could make your portfolio a top cryptocurrency within the next six months. Cardano is a flexible and efficient blockchain technology platform that will change decentralized networks. With a settlement layer for frictionless transactions and a computation layer for smart contracts, Cardano can execute up to one million transactions per second, making it a leader in scalability.
Cardano uses the energy-efficient Ouroboros proof-of-stake mechanism to address the environmental issues of the proof-of-work model while providing unparalleled performance. The ecosystem relies on its native currency ADA for secure value storage, low-fee payments, and network rewards.
