According to the news from Bijie.com, 1. Market dynamics 1. BTC began to adjust, and old coins made up for the rise. MEME with VC background continued to be hyped on the chain.  2. US stocks plummeted. The US dollar index rose sharply. The market expects that the interest rate cut will stop for a period of time after the December rate cut, and the number of interest rate cuts will drop sharply to 2 times in 2025.  2. Market focus 1. Public chains SOL and SUI rose sharply, and SOL ecosystems RAY and DRIFT followed suit. The SOL/ETH exchange rate hit a new high. SOL is similar to ETH for DEFI in the last round. It is an entry chip.  2. MEME's PUNT, BONK, and BANANA rose. Musk mentioned Squirrel, PEPE and BANANA again on Twitter. In essence, PUNT and DOGE will rise and fall together in the long run. BONK plans to destroy 1 trillion tokens in December.  3. RWA's OM rose sharply, rising 250 times in the past year, with a trend similar to that of Zhuang stocks.  4. Old coins XRP, LUNA, ATOM, etc. made up for the rise. It indicates that the market is not hot enough and there is a high probability of adjustment. 5. On-chain MEME coins RIF, URO, SCI, VITA, etc. have risen sharply. RIF and URO are two official medical MEMEs of DESCI's PUMP.SCIENCE, which are doing research on elixirs. DESCI and GOAT and ACT, which have similar logic to A16Z's investment in AI MEME, are worth long-term observation.

#BTC