Bitcoin traded above $90,000 on November 26, with prices stabilizing around $91,000 on November 27, according to CoinMarketCap. However, analysts are divided on the market outlook. CryptoBirb contends that the Bitcoin bull market is over from a technical standpoint, citing trend shifts and prolonged trading below the 200-day trend. Markus Thielen of 10x Research told Cointelegraph that the BTC bear market is already present, with the current recovery representing a bear market reversal rally. In contrast, Henrik Andersson of Apollo Capital disputes this, arguing that reduced accumulation does not necessarily signal a bearish trend.
Amid the uncertainty, traders are shifting focus to presales for higher potential returns. DeepSnitch AI (DSNT) has raised over $600,000 in its presale, fueling predictions of a 100x moonshot. The project, priced at $0.02477, is developing an AI-powered analytics suite for retail traders, with two of five agents operational, offering features like market sentiment prediction and rug pull risk scanning. It includes uncapped staking and rumors of listings on exchanges like Bybit and MEXC, with forecasts suggesting it could reach $1 by 2026.
Maxi Doge (MAXI), an Ethereum-based meme coin, has garnered over $4.2 million in its presale, with tokens priced at $0.00027. The project, centered on a 'gym bro' Doge theme, incorporates staking with a 73% APY, weekly trading competitions, and a treasury fund for partnerships. Predictions indicate it could hit $0.0012 post-launch and $0.0065 in 2026. Similarly, Little Pepe (LILPEPE), priced at $0.0022, offers utility through an L2 solution, staking, and governance, targeting $0.015 in 2026 for 10x gains.
The broader meme coin market shows strength, with SPX6900 up 15% daily and 29% weekly, and Fartcoin rising 17% daily, as analysts like Michaël van de Poppe suggest Bitcoin breaking resistance could further fuel altcoin and meme coin rallies.