1) Market performance:

Bitcoin fell sharply, triggering a market decline across the board. The market rebound came to an end and entered a major decline phase. The German government sold off stock assets over the weekend.

The U.S. stock market rose, and Chairman Powell hinted that he would not consider cutting interest rates for the time being.

2) Market focus:

1. Bitcoin inscription sats rebounded, but was in an oversold state. Unisat announced that it would support sats for gas transactions to fulfill last year's promise, and plans to develop into a Bitcoin layered network (FB) in the future. However, the overall narrative of the Bitcoin second-layer network was weak.

2. BN new coins not, saga and dym experienced a rebound. Basically, all sectors have experienced a round of rebounds, and the market as a whole has returned to a downward trend.

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#BTC下跌分析 #TON #BinanceTurns7