**Morning Market Report Interpretation:**
1. $BTC Bitcoin
• Oscillating upward: Stable performance, but ETF fund outflows and market share decline, which may put some pressure on prices in the short term.
• Market trends: BlackRock IBIT pre-market trading volume reached $67 million, 31% of which were active buy orders, and institutions are still paying attention.
2. $ETH Ethereum
• Continued strength: Spot Ethereum ETF fund inflows hit a record high, and market sentiment is optimistic.
• On-chain trends: Ethereum ecosystem performs well and is expected to continue to drive prices up in the short term.
3. $SOL Solana
• Leverage effect: As ecological projects continue to go online, SOL's performance has exceeded the market and has become a recent hot spot.
• Observation points: Solana ecological projects that have been listed on Binance continuously may drive SOL to rise further.
4. $BNB Binance Coin
• Empowerment issues: The market is waiting for Binance to launch more favorable policies, and its recent performance has been relatively weak.
5. #AIMeme
• Explosive growth: Multiple Meme coins on the chain doubled in a single day, $AI16Z and other targets became the focus, and some have been launched on the Binance perpetual contract market.
• Short-term opportunities: The hot spots are strong, but you need to pay attention to the risk of fund rotation.
6. USDC minting
• 400 million new coins: Liquidity has increased, and 300 million coins have been transferred to Coinbase, indicating a response to market demand.
7. Pressure on US stocks
• S&P 500 and Nasdaq fell for five consecutive days: The low macro market sentiment may have a chain effect on the crypto market.
8. Trump boosts $BTC?
• Cryptoquant CEO: Trump's policies may indirectly benefit Bitcoin, but actual actions need to be further observed.
9. DOGE whale activity
• 1.08 billion coins bought: There may be large capital layout, which may affect DOGE's short-term price fluctuations.
10. Terraform Labs Co-Founder
• Do Kwon pleads not guilty: The crypto industry still has to face the aftermath of the past, and investors need to pay attention to the risks of related projects.
11. BlackRock supports Frax
• BUIDL becomes a stablecoin support token: Improving the market credibility of FraxfUSD may promote ecological growth.
12. ETH Option Bull Spread Strategy
• Block Options: Buy 5000 calls, sell 6000 calls, the market may expect Ethereum prices to rise slowly.
13. AI Market Prospects
• Dragonfly predicts: The AI craze will dominate the 2025 market, and pay attention to potential projects combined with blockchain.