Daily Digest: APT will welcome a large unlock today, SOL may reach a new all-time high by the end of the year

According to Farside Investor data, the BTCSpot ETF in the United States had a net inflow of $293 million last Friday, with BlackRock IBIT receiving an inflow of $206 million and Fidelity FBTC receiving a net inflow of $33.5 million.

Last Friday, the US ETH Spot ETF saw a net inflow of $85.9 million, marking the third consecutive day of large net inflows. Among them, BlackRock's ETHA saw an inflow of $59.8 million, and Fidelity's FETH saw an inflow of $18.4 million.

US BTC Spot ETF cumulative net inflows exceeded $25.8 billion, hitting a new record high

According to Farside Investors monitoring, the US BTCSpot ETF has accumulated a net inflow of 258.57 billion US dollars since its launch, setting a new historical high. Among them: BlackRock IBIT has accumulated a net inflow of 273.87 billion US dollars; Fidelity FBTC has accumulated a net inflow of 107.61 billion US dollars; Grayscale GBTC has accumulated a net outflow of 201.41 billion US dollars.

Standard Chartered Bank Analyst: It is expected that SOL will reach a new high before the end of the year, and ETH may reach a new high when Trump takes office in January next year.

According to The Block, Standard Chartered Bank analyst Geoff Kendrick reiterated in a report released on Sunday that he expects the price of Bitcoin to continue to pump until the end of the year and easily reach $100,000 before BTC Options expire on December 27th. If the Bitcoin price cannot reach $125,000 by December 31st, he believes it will reach that level on January 20th when Trump takes office.

Kendrick further commented that, given the recent rise of Ethereum and Solana, the pump in BTC price may bring about a general upward effect, and it seems inevitable that SOL will reach a new all-time high before the end of this year (November 2021 at $260). ETH reaching a new all-time high (November 2021 at $4,866) may have to wait until Trump's inauguration ceremony. Overall, he believes that all Tokens will pump.

This week's unlocking data overview: APT, AVAX, ARB and other Tokens will see large unlocking

According to Tokenomist.ai data, APT, AVAX, ARB and other Tokens will see a large-scale unlocking next week, with a total unlocking value of approximately 5.73 billion US dollars. Among them:

· Aptos (APT) will unlock approximately 11.31 million Tokens at 14:00 on November 11th Beijing time, accounting for 2.17% of the current circulation, worth about $126 million;

· Starknet (STRK) will unlock approximately 64 million tokens at 8:00 Beijing time on November 15, accounting for 3.05% of the current circulation, with a value of approximately $29.85 million;

· Nervos Network (CKB) will unlock approximately 1.34 billion tokens at 8:00 on November 16th, Beijing time, accounting for 2.99% of the current circulation, with a value of approximately $19.81 million.

· Arbitrum (ARB) will unlock approximately 92.65 million tokens at 21:00 Beijing time on November 16th, accounting for 2.33% of the current circulation, with a value of approximately $58.82 million;

· Avalanche（AVAX）will unlock approximately 1.67 million Tokens at 8 a.m. on November 18th Beijing time, accounting for 0.41% of the current circulation, worth about 53.92 million US dollars;

Market Analysis: DOGE leads MEME to pump generally, the real season of copycats is coming

Market Hotspots

Meme zone pump, DOGE, NEIROCTO, MOODENG, GOAT, MANEKI and other collective prices surged. High circulation market cap meme is the preferred target of market funds. DOGE, as the leading meme coin in the 2021 Bull Market, has performed well in this round of pump and its price has doubled. GOAT, MOODENG and other newly popular meme coins are being actively traded by Wintermute and have a good pump trend.

The zone of public chains is rising collectively, with SUI, INJ, and others experiencing a big rise. SUI has surpassed $3, reaching a new all-time high and becoming the most followed new public chain project in this round. INJ is an old-school public chain project from the previous bull market, with strong pumping power in terms of funding but not much on-chain ecology. ETH has risen significantly, breaking through $3,200. The market expects that the Trump administration will introduce more favorable policies for ETH, such as supporting ETH ETFs that stake.

Old-fashioned Decentralized Finance projects such as ALPACA and YFI have surged. The projects have no substantial product updates, but they are pumped due to their small Market Cap, and the future market still needs to be observed.

Market Trends

BTC broke through $81,000, hitting a new all-time high, benefiting from the Fed's interest rate cut cycle and the Trump administration's cryptocurrency-friendly policies. The future of BTC remains optimistic;

ETH broke through $3200, with ETH ETF seeing continuous inflows of tens of millions of dollars for three consecutive days. The trend of capital inflows into ETH ETF has changed somewhat with Trump's election.

Alts generally rise, meme coins are rising big time led by DOGE, and the new public chain project SUI is also performing well. The real season of alts is coming.

Macro News: The three major stock indexes closed up, and the performance of the US stock market in the "Trump trade" Favourable Information

The three major U.S. stock indexes rose collectively, with the S&P 500 rising 0.38% to 5995.54, the Dow Jones rising 0.59% to 43988.99, and the Nasdaq rising 0.09% to 19286.78. Last week, the Dow Jones rose 4.61% for the week, the Nasdaq rose 5.74% for the week, and the S&P 500 rose 4.66% for the week.

With the dust settled from last week's US election, investor sentiment has been unleashed, and US stocks have accelerated upwards. The three major indexes have achieved their best weekly performance in a year and have all reached historic highs. As the biggest beneficiary of this election, TSL's market capitalization has returned to over one trillion dollars, and Musk's net worth has soared to over 300 billion dollars.

Given the recent discussions surrounding 'the Fed may slow down its rate cuts in 2025', Wednesday's CPI data, Thursday's PPI, and Friday's retail sales data will be closely followed. After the Fed announced a 25 basis point rate cut this week, there are no expectations for the December policy meeting. It is worth mentioning that Musk expressed support for the idea of allowing the president (Trump) to intervene in the Fed's policies.

Author: Icing This article represents only the author's point of view and does not constitute any trading advice. This article is original, and the copyright belongs to Gate.io. Please indicate the author and source if you need to reprint, otherwise legal responsibilities will be pursued.