Market Trends
BTC is currently experiencing a sustained downward trend, and altcoins are also generally declining. There are rumors in the market that BlackRock is manipulating the BTC ETF, engaging in swing trading by selling high and buying low. Meanwhile, the SOL/ETH exchange rate has reversed, with liquidity flowing back from exchanges to the blockchain. In addition, U.S. stocks have dropped significantly, and U.S. Treasury yields have risen, putting pressure on the U.S. stock market.
Market Highlights
1. AI Sector: Rapid Growth. AI16Z, ARC, Zerebro on the SOL chain, Virtual, AIXBT, Luna on the BASE chain, and Vapor on the Hype chain have all seen substantial increases.
AI16Z has released a new white paper, forming a dual oligopoly competition pattern similar to Android and Apple with Virtual.
ARC has accelerated developer activity recently; in the long run, AI platforms based on the Rust language have greater potential.
Vapor, as an AI launch platform on the Hype chain, has collaborated with Eliza and saw a 4-fold increase within a day after being recommended by AIXBT. However, Sun Yuchen's entry suggests that the AI Agent market may be overheated, and a peak may be reached in the coming weeks.
2. Meme Concepts: SPX, Giga, WOULD, and other strong speculative coins are steadily declining.
SPX and Giga are stocks controlled by Murad, reaching new highs after several months of adjustment.
WOULD, as a Musk-related meme, saw its market cap soar 200 times to $300 million within three months.
3. Emerging On-Chain Concepts: The土狗 (Dog Project) Tsotchke has seen significant gains. Influenced by the hype surrounding quantum computing in U.S. stocks, on-chain speculation regarding related Desci concepts has also begun.
4. DeFi Sector: Overall Performance is Weak. The U.S. has introduced a new DeFi brokerage bill, strengthening regulatory measures that require DeFi users to undergo KYC and pay taxes, with implementation as early as 2027.
