GM20240708

1) Market trend:

BTC plummeted, and the whole market fell. The market rebound ended, and the main decline began. The German government dumped the market over the weekend.

US stocks rose, and Powell hinted that there would be no interest rate cuts for the time being

2) Market hot spots:

1. BTC inscription sats rebounded from oversold. Unisat enabled sats to do gas for SAWP to fulfill last year's promise and to do fractal BTC (FB) in the future. However, the overall narrative of BTC L2 is not working.

2. BN new coins not, saga, and dym rebounded. After all sectors basically rebounded in turn, the market returned to a downward trend.