November 24th, after a weekend of recovery, the cryptocurrency market has rebounded, with the total cryptocurrency market cap reclaiming the $3 trillion mark, now standing at $3.033 trillion, a 0.7% increase in the past 24 hours.Bitcoin surged above $88,000 this morning, currently trading at $86,818, a bounce of over 7.7% from last Friday's low of $80,600; Ethereum has rebounded to around $2,800; BNB has risen above $840; SOL has surged above $130.

November 24th, the U.S. economy is currently experiencing a puzzling anomaly, causing concern among policymakers tasked with curbing inflation and maintaining the labor market. Labor Department data shows job losses in June and August, with a meager three-month average of about 62,000 new jobs added as of September.However, worker productivity, a key driver of economic output, remains high. The Gross Domestic Product (GDP), which measures the output of all goods and services in the economy, also remains strong. This contradictory situation of economic expansion coexisting with a weak labor market has presented a dilemma for the Federal Reserve policymakers, making it challenging for them to determine whether the economy needs to cool down or be further stimulated.Economists believe it is currently uncertain whether rate cuts can ultimately offset the erosion in hiring due to significant policy changes. Ryan Sweet, Chief U.S. Economist at Oxford Economics, said, "Fortunately, we have not yet seen mass layoffs; otherwise, a lack of job expansion would evolve into an economic recession. The economy can grow without creating a large number of jobs, but the prerequisite is that productivity must continue to grow healthily." A lack of job expansion could quickly evolve into an economic recession.

November 24th. According to EmberCN monitoring, a whale of AAVE that had partially liquidated its position during the 10/11 flash crash has increased its holdings today by 24,000 AAVE (worth approximately $4 million).Through flash loans, this whale has accumulated 284,000 AAVE over the past 2 years at an average price of $165; during the 10/11 flash crash, their borrowing position was liquidated at a price of $101, resulting in 32,000 AAVE being liquidated (worth $3.22 million).Currently, the address holds a total of 276,000 AAVE at an average price of $165.

November 24th, according to OnchainLens monitoring, the address "0x184" deposited 1 million USDC into HyperLiquid and opened a 25x leveraged ETH long position. The opening price was $2799.01, the liquidation price was $2628.69, and the position size reached 4685 ETH.Prior to this, the address had traded SOL and earned over $100,000 from it.

November 24th, CITIC Securities' research report stated that New York Fed President Williams hinted at a further rate cut in December, reversing market rate cut expectations. Currently, the market believes there is a 70% probability of a Fed rate cut in December.The Fed will enter a quiet period starting on November 29th, during which Powell will not have any public speaking engagements or media interviews scheduled. The speech by his "close ally" Williams may be the last time a Fed official speaks to influence market expectations.Continuing from previous views, it is expected that there will be a rate cut in December or a "close call" rate cut of 25 bps. For the market, the reversal of rate cut expectations, combined with the "28-point" plan advancement and news of the Trump administration considering exporting H200 chips to China, macro factors are no longer a source of market pressure in the short term. The market may focus more on issues such as AI companies issuing bonds, cryptocurrency trends, and other matters. (Jinshi)

November 24th. According to a CITIC Securities research report, the stock market downturn on November 20th was judged to be driven by macro factors, rather than panic selling triggered by the bursting of an AI bubble. The main reason for this pullback was the September non-farm payroll data exceeding expectations, combined with hawkish comments from the Federal Reserve, which led to profit-taking in the market. In light of the marginal weakening of the US labor market, the December Fed interest rate meeting may mark the peak of the "hawkish panic" sentiment, after which the market's focus may shift to the nomination game around the new Fed chairman appointed by President Trump.The fundamental outlook of the AI sector remains solid, with Token index-level growth, ongoing supply chain bottlenecks, strong cash flow from the four tech giants, and a robust balance sheet. It is expected that the extreme narrative of the "AI bubble" bursting in the short term will be difficult to materialize. (FX678)

November 24th, according to Coinglass data, in the past 7 days, CEX's total net outflow of Ethereum was 211,000 ETH, with the top three outflow amounts from CEX as follows:· Coinbase Pro, outflow of 220,300 ETH;· Kraken, outflow of 110,600 ETH;· Gemini, outflow of 31,800 ETH.In addition, Binance had an inflow of 99,600 ETH, ranking first in the inflow list.

November 24th, according to AI She monitoring, the 1inch team's recent two-day increase in 1INCH holdings has grown to $4.785 million, with an average cost of $0.184.In the past 14 hours, the 1inch Team Investment Fund address once again withdrew 20 million tokens from Binance at an average price of $0.1856, worth approximately $3.713 million. The total number of tokens held has now been updated to 111 million, valued at $20.34 million.Two days ago, the 1inch Team Investment Fund withdrew 6.01 million 1INCH tokens from Binance, worth $1.072 million, at an average withdrawal price of $0.1785.

November 24th, according to lookonchain monitoring, Whale GJwCUj sold 32,195 SOL ($4.18 million)—these were positions he bought and staked 10 months ago, resulting in a $2.04 million loss this time.2 years ago, this whale bought 400,000 SOL at an average price of $89 ($35.7 million) and staked them. In less than two months, the whale sold at $108, making a profit of $8.15 million. However, after the sale, SOL continued to surge. If the whale had held until the peak, the profit would have exceeded $82 million.