2024.11.19. Daily Report——

1) Market Trend

BTC is fluctuating at a high level, with 100,000 as a strong resistance level. Strong altcoins lead the decline, while old coins see a rebound, and on-chain low-quality coins are flying around.

U.S. stocks are mixed. MicroStrategy continues to purchase $4.6 billion worth of BTC. Trump's media group DJT is set to acquire the digital exchange Bakkt.

2) Market Hotspots:

1. Old coins HBAR, XTZ, POND, etc., are rebounding. Exchanges lack further speculation hotspots.

2. Previously strong coins PUNT, ACT, etc., are leading the decline, market adjustment is imminent.

3. On-chain low-quality coins URO, RIF, BAN, etc., are surging. URO is the second dragon of DeSci, reportedly with good experimental data. BAN is an art low-quality coin, with a new contract on BN.

4. BTC ecosystem FB is surging. FB is BTC L2 of Unisat, with BN opening a new mining pool.

5. Stablecoin Usual has begun pre-market trading, with a total of 4 billion units, pre-market around $0.5, approximately $2 billion market value. The first dragon in the same track ENA has a market value of $8 billion.