The market trend shows that Bitcoin fluctuates at a high level, while altcoins generally fall.

The contract rate was once close to the historical extreme value, and there may be significant changes in the next 1 to 2 weeks. The US stock market has pulled back, and Trump's trading craze has gradually cooled down. The US dollar index has risen to a six-month high, and Trump's move to impose a 20% tariff on all imported goods has caused market panic.

The market hotspots are as follows:

1. Dog-themed meme coins, such as doge, bonk, floki, neiro, wif, doge, etc., have risen in price. Musk was nominated as the head of the government efficiency department (do, g, e). Affected by this, the market value of doge coins has risen sharply, reaching 60 billion US dollars, and its market value has increased several times in a month to 300 million US dollars.

As funds overflow from the top-ranked doge coin, they begin to rotate to the lower-ranked dragon 5, dragon 6 and other currencies. This is similar to the previous situation where funds flowed to pepe2, babypepe, pepecoin, etc. after the pepe coin was hyped. In addition, the sbr coin rose sharply, which is the abbreviation of the BTC strategic reserve movement.

2. Old coins such as xrp, xlm, and trx have seen a rebound. The rebound of old coins may be a signal of overheated market sentiment.