🚨 Today's Crypto Hotspot Collection, Get Market Focus in 1 Minute!

1. Major cryptocurrencies are experiencing fluctuations and corrections, and the market is entering a consolidation period: #BTC、ETH、SOL The three major cryptocurrencies continue to show a trend of fluctuation and correction, and the previous FOMO sentiment has clearly cooled down. In terms of the external market, last night the three major U.S. stock indexes closed lower across the board, while cryptocurrency-related stocks exhibited a mixed pattern of gains and losses. Under the current market conditions, the market is entering a brief consolidation phase, which may not necessarily be a bad thing for future trends.

2. Binance Wallet New Coin Popularity Divergence, "Cultivation" Coins Gaining Attention: The performance of newly listed coins on Binance Wallet varies, with BNBHolder (market cap 37 million) and #修仙（市值 3000 万）、#memerush (market cap 9 million) becoming recent focal points, where the popularity of the term "cultivation" stems from He Yi's long-form interpretation. The market shows a characteristic of "buying new instead of old," with previously popular old MEME coins like "Binance Life" experiencing significant corrections.

3. Privacy coins #ZEC surged 4 times in two weeks, with rising concept popularity: Privacy coin ZEC performed impressively, with an increase of over 4 times in just two weeks. The core catalyst was well-known angel investor Naval publicly stating that "ZCash is insurance against Bitcoin," which directly ignited the popularity of the privacy concept track. The same track's DASH also experienced a synchronous rise, demonstrating significant sector linkage effects.

4. Behind the explosive surge of #CHEEMS are multiple favorable factors. Be cautious of the risk of "all good news priced in": The price of CHEEMS has risen significantly, with positive factors including the high trading enthusiasm for BSC ecosystem MEME, the core holder Christian announcing an additional two-year lockup of personal holdings, and the project's Chinese name "币安小狗" attracting market attention. However, one must be wary of the pattern of "all good news priced in means a peak" to avoid chasing the price higher.

5. #ZORA launched on Robinhood driving a significant surge, while the BASE chain remains overall sluggish: ZORA's daily increase exceeded 50%, with the key driving force being its official launch on the Robinhood platform, gaining support from mainstream trading channels. It is worth noting that the overall performance of the BASE chain has been sluggish recently, and ZORA's independent market has not been able to revive the entire ecosystem.

6. Short-selling institutions target ETH reserve stocks, industry opinions now diverge: The well-known short-selling institution Kerrisdale Capital has initiated a short position on ETH reserve leader BMNR. In response, Du Jun stated, "Shorting BMNR, a premium treasury company, makes some sense, but shorting ETH itself would be very foolish," reflecting the market's differing judgments on the "treasury concept" versus ETH's fundamentals.

7. Public companies increased their holdings of BTC by over 190,000 coins, Deutsche Bank is optimistic about long-term value: Data shows that global public companies accumulated over 190,000 BTC in the third quarter, corresponding to a value of 23.36 billion USD, with institutional allocation demand continuing to be released. In addition, Deutsche Bank released a viewpoint stating that Bitcoin and gold may become the core reserve assets of central banks in various countries by 2030, further strengthening the long-term allocation value of crypto assets.

8. KOL Perspective Summary: The market is experiencing strong wait-and-see sentiment, with swing trading becoming the mainstream: Based on the analysis of multiple KOLs on the "market trend," the core viewpoints include: Bitcoin is facing significant pressure in the short term, with substantial divergence in mainstream opinions, a coexistence of aggressive shorting and tentative buying behavior, and overall dominated by oscillatory adjustments; the long-short game of Ethereum has entered a heated stage, with a weak short-term trend; the activity level of BNB ecosystem funds is relatively high, and the COAI in the AI sector has triggered capital rotation speculation; the overall wait-and-see sentiment in the market is rising, and investors are more inclined to choose swing trading and quick in-and-out trading strategies to avoid long-term holding risks.