Good morning, brothers! Overview of the crypto market dynamics on November 25!
1) Market Trends
BTC is fluctuating at a high level, failing to break the 100,000 mark. BTC's dominance rate has decreased weekly, and old coins have risen sharply. Historically, the average adjustment of BTC bull markets is 30%.
U.S. stocks are rising, and the dollar is performing weakly.
2) Market Highlights:
1. Old coins like XLM, KSM, HBAR have surged significantly. The rise of old coins indicates that the bull market is unrelated to fundamentals; it is merely that past speculators have returned, and they will first purchase tokens they are familiar with.
2. Game old coins like SAND, MANA, AXS have also surged significantly. All sectors have rotated.
3. On-chain tokens like CHILLGUY, RIF, URO have rebounded comprehensively. Speculative hot money is returning to the chain, and the market is betting on a new round of BN listings.
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