1) Overall Market Trends
BTC has fallen sharply, while altcoins are fluctuating. The SOL/ETH exchange rate shows signs of bottoming out and rebounding.
US stocks have rebounded, and the Christmas holiday is approaching.
2) Market Highlights:
1. Meme tokens like pnut, chillguy, goat, etc., are rebounding, with KOLs making calls. Funds are beginning to switch from high-position ETH series back to lower-position SOL series.
2. There are rumors in the market regarding airdrops from the SOL chain's token issuance platform pump.fun, which could be a high tide signal for SOL.
3. The DeFi leader HYPE has started to adjust after reaching a record high against the trend. In the short term, even the strongest EVM leaders will need to adjust. In the long term, HYPE aims to achieve what SBF did not complete, connecting the entire industry chain of chains and exchanges.
