Market correction, did you get on board last night?
Yesterday the market fell continuously, whether mainstream or altcoins were almost bloodied, but the on-chain ecology still maintains a profit-making effect, capital may have started to circulate! Let's look at the key points:
$BTC : High position fluctuation
- Yesterday it almost fell below 90,000, market sentiment changed from looking at 100K to looking at 80K in an instant.
- CryptoQuant data shows that long-term holders sold 728,000 BTC in the past 30 days, showing selling pressure.
$ETH : Nothing special
- No particularly outstanding performance, but the Ethereum Foundation was caught selling through related addresses.
$SOL : Soaring non-stop
- Despite the selling pressure of 100,000 from @pumpdotfun, the price remains strong.
$BNB: Good news keeps coming
- @cz_binance supports @BNBCHAIN application projects, and even launched a Mini Dex. The performances of $LISTA, $CAKE, and $BNB in the ecology are outstanding, continue to observe for potential.
Base: On-chain profit-making effect explodes
- @virtuals_io, as the C position of the Base ecology, continues to reach new highs, the $CLANKER of the Faka ecology also performs excellently. The popularity of Base is second only to Solana, suggesting to pay more attention to on-chain dynamics.
Federal Reserve releases mild signals
- Meeting minutes show a possible inclination towards “gradual rate cuts” in the future, even a pause is possible, market sentiment is slightly calming.
Privacy concept turns around against the wind
- A US court ruled that the sanctions against Tornado Cash smart contracts were illegal, $TORN took off on the spot. Unfortunately, there are no exchanges to buy, so I can only try Uniswap.
ETF welcomes another breakthrough
- The New York Stock Exchange applied to the SEC to list Bitwise Bitcoin and Ethereum spot ETPs, Ripple also donated $25 million to the crypto-supporting political action committee Fairshake. The third ETF feels stable!
Trump camp intensifies crypto regulation
- Promoting the expansion of CFTC powers and restructuring the regulatory framework. @justinsuntron directly enters the game, hired as an advisor for Trump-supported WLFI, true cash ability!
US energy and computing power strategy
- MARA states that the US needs to establish a Bitcoin strategic reserve, protecting national security through computing power, the viewpoint has sparked market discussions.
Solana: AIMeme returns in thirst after interruption
- Recently the #Solana AI Meme ecology has been a bit low-key, but yesterday’s $UBC rapidly hit 100M in one day, the profit-making effect is too strong!
Pantera Bitcoin fund astonishing returns
- Returns have surpassed 1000 times, currently reaching 131,165%, another classic case of long-term layout.