1) Market Trends

BTC pulled back after hitting a new high, altcoins plummeted. January 20th, before Trump's inauguration, may be a short-term peak in market sentiment.

U.S. stocks collectively closed down. The latest prediction from Federal Reserve officials for the number of interest rate cuts over the next 25 years decreased from 4 times to 2-3 times.

2) Market Highlights:

1. On Binance, meme coins like Pengu and Cat. The market cap of Penguin on the Solana chain peaked at $7 billion, while the original NFT had a market cap of $1.3 billion, with the project team releasing 9 million tokens. New coins on Binance like Vana, Me, Velo, Orca, ACX, and The all opened at high points and then halved, with the halving speed increasing.

2. The Solana public chain rose, and the SOL/ETH exchange rate rebounded, indicating that funds may return to the Solana chain. Leading ETH projects like Hype and Virtual began to decline from high positions.

3. On-chain AI platforms like Arc, Memesai, and the RIF from Desci rebounded. Binance's wallet launched an alpha coin observation plan, and initially, a few small coins may have opportunities. #加密市场盘整