1) Market Trends

BTC has surged and rebounded, with altcoins rising broadly. The market focus has returned to speculation on AI, memes, and new public chains.

U.S. stocks have risen to new highs. The November CPI inflation data has boosted expectations for a rate cut by the Federal Reserve next week.

2) Market Hotspots:

1. The AI sector's Turbo, CTXC, GOAT, ACT, AI16Z, Virtual, Fartcoin, etc., have surged. Many AI memes like AI16Z and Fartcoin have reached new highs. This aligns perfectly with the rhythm of U.S. stocks; after speculating on AI hardware infrastructure, the market has begun to speculate on AI software applications. The logic is similar to after speculating on Apple phone hardware, the market starts to speculate on mobile games and other apps.

2. The meme coin Pnut has surged and is listed on Coinbase. The space has opened up, and its market cap is likely to benchmark against Pepe's market cap of 10 billion. Recently, Coinbase has been listing more meme coins, and Binance has been listing more VC coins.

3. The public chain Sui has surged, with the ecosystem Cetus and others following suit. Sui has launched a global accelerator program.

4. New coins on Binance like Orca and ACX have rebounded from oversold conditions. However, the VC coins listed, ME and MOVE, have shown a trend of spiking up and then gradually declining to half their value. The new DeFi coin Hype has reached a new market cap high of 16 billion USD.