Yesterday in the crypto market felt like a little roller coaster ride. Bitcoin slightly shook the market, and those market makers tried to pull the price back but failed, indicating that everyone is quite satisfied with the current price! According to data analysis, the upcoming market may take a break, but don't rush; in the long term, the upward momentum is still steadily on track. Friends holding coins for the long term should avoid making impulsive shorting decisions when they plan to sell next year!
Bitcoin is hovering in the range of 93,000 to 98,000. From last night to today, ETFs and longs have been supporting and preventing the price from dropping. It seems we need to find new directions within this range. From the K-line perspective, the 1-hour level is sideways, the 4-hour level is down, the 12-hour level is down, and the daily level is down, with an intraday resistance level at 96,500 and a support level at 92,000 USD.
BNB is quite strong, with a safe zone between 670 and 720, as the airdrop has locked many coins, resulting in fewer sellers and more loyal holders, making it suitable for slow grid trading.
The second place, ETH, is estimated to fluctuate directly between 3200-3700. There have been many good news recently, and the ETF institutions are continuously buying, which provides a relatively good support position.
Buy the dip on three altcoins with a hundredfold increase!
1.Turbo
Turbo Token is a cryptocurrency born from artificial intelligence experiments. It is the first memecoin entirely created by AI. The project's founder designed this new memecoin using GPT-4, aiming to blend technology with community appeal. Turbo Token symbolizes how AI contributes to the digital currency world. Its creation highlights the potential advancements in AI-driven cryptocurrency development.
In the current market cycle, Turbo Token has proposed a unique concept that has garnered attention. Its appeal depends on how the community engages and the broader acceptance of AI-generated projects. The future of this token will depend on adoption rates and the continued support of enthusiasts.
2.NEIRO
The NEIRO token is a new cryptocurrency on the Ethereum network, inspired by Neiro, a newly adopted Shiba Inu, whose owner is also the same woman who cares for Kabosu, the famous dog behind the Doge meme. This project pays tribute to Neiro and is the first token of its kind. It is fully owned and lovingly managed by the community.
This token aims to attract community participation in a decentralized manner, based on the legacy of Dogecoin. NEIRO's potential lies in its strong community attention and its connection to the beloved Doge meme. Whether the token is attractive in the current market cycle depends on investors' sentiment toward community-driven projects.
3.BONK
BONK is a star memecoin in the Solana ecosystem, once enjoying unparalleled popularity. Although the current price is 50% lower than its historical peak, BONK often reaches new highs after each Bitcoin frenzy.
With the expected arrival of a cryptocurrency bull market, BONK is also anticipated to experience a price surge again, becoming a new favorite among investors.