2024.11.25. Daily Report——

1) Market Trends

BTC is fluctuating at a high level, and has not broken the 100,000 mark. BTC's dominance rate has decreased on a weekly basis, while old coins have surged. Historically, the average adjustment in BTC bull markets is 30%.

US stocks are rising, and the dollar is weakening.

2) Market Highlights:

1. Old coins such as XLM, KSM, HBAR, etc. have surged. The rise of old coins indicates that the bull market is unrelated to the fundamentals; it is merely a return of traders from a few years ago, who will first buy tokens they are familiar with.

2. Gaming old coins like SAND, MANA, AXS, etc. have also surged. All sectors are rotating.

3. On-chain meme coins like CHIILLGUY, RIF, URO, etc. are rebounding across the board. Speculative hot money is returning on-chain, and the market is betting on a new round of token listings on Binance.