Market dynamics on October 15: BTC ends fluctuations and starts to rise, altcoins rebound across the board, U.S. stocks hit a new high

Market Update

1. BTC has ended its consolidation phase and entered an upward trend. Altcoins are broadly rising, with previously oversold tokens bouncing back while earlier strong performers start to adjust.

2. U.S. stocks are on the rise, reaching new historical highs.

Market Focus

1. MEME tokens like BOME, TURBO, and GOAT are surging. Both TURBO and GOAT are AI-related MEME tokens, reaching new all-time highs.

2. The SOL public chain is on the rise, with ecosystem tokens like JTO, RAY, and JUP following suit. Trading activity for MEME tokens on the SOL chain is significantly higher than on the ETH chain.

3. The modular public chain SAGA is increasing in value after being one of the most oversold tokens. SAGA is among the few VC-backed tokens without unlocks until March 2025.

4. REEF token has surged, climbing 20x since being delisted from a major exchange, with a price pattern similar to TRB. The contract's shorting fee rate is at -2%.

5. The restaking token PUFFER is up after its launch, with a market cap of $700 million, although airdrop profits are low. Competitors ETHERFI and REZ have market caps of $1.6 billion and $400 million, respectively. DEX platform HYPERLIQUID also announced a token launch in November.