Market trend:
BTC fell, and altcoins showed mixed gains and losses. U.S. stocks also weakened, and the U.S. dollar index rebounded, mainly due to the higher-than-expected inflation data in September, which weakened the market's expectations for a rate cut in December.
Market hot spots:
1. DeFi field: UNI rose, and announced the launch of the L2 solution based on OP Stack, which is expected to significantly reduce the Gas demand of the Ethereum network and promote further expansion of the ecosystem.
2. Fan coin sector: PSG, BAR, CITY, JUV and other fan coins have performed strongly recently, especially when the market fell, they are easier to pull up, becoming a hot spot for short-term market attention.
3. SOL chain: Sigma and CB on the SOL chain have risen significantly. Sigma became popular with a manly-themed meme coin, while CB was a meme with a Halloween wizard cat theme. At the same time, several market makers were subject to joint law enforcement by the SEC and the FBI, adding to market uncertainty.
4. Airdrop event: The re-staking platform Puffer will conduct a large-scale airdrop on October 14, with a total of 1 billion tokens. Although it is highly unlikely to be listed on Binance, it still attracted widespread attention from the market. $PSG $JUV $UNI