Market Trend Analysis

Bitcoin (BTC) is in a high-level oscillation state, while altcoins generally show a downward trend.

The contract rate was once close to the historical extreme level. It is expected that in the next 1-2 weeks, the market may have a large correction.

The U.S. stock market has experienced a correction, and the "Trump Trading" craze has gradually subsided.

The U.S. dollar index has climbed to a six-month high, and Trump's remarks on imposing a 20% tariff on all imported goods have further exacerbated market concerns about inflation. If you want to delve deeper into the currency circle, but can't find a clue, and want to quickly understand the information gap, whether it is a contract or spot, you can 👉 Learn more in my profile

Market Hotspots

1. Performance of dog-themed meme coins

Dog-themed meme coins, such as doge, bonk, floki, neiro, wif, d.o.g.e, etc., are on the rise.

After the news that Musk was appointed as the head of the Government Efficiency Department (d.o,g,e), the price of doge coins rose sharply, with a market value of 60 billion US dollars. d.o.g.e. has seen an astonishing increase in one month, with its market value increasing by hundreds of times to $300 million.

A large amount of funds have overflowed from the leading coin doge and flowed to similar coins with lower rankings. This situation is similar to the market performance of the previous pepe series of coins (such as pepe, pepe2, babypepe, and pepecoin).

In addition, sbr coins have also seen a sharp rise. sbr is the abbreviation of the BTC strategic reserve movement.

2. The situation of old coins making up for the rise

Old coins such as xrp, xlm, and trx have seen a compensatory rise. The phenomenon of old coins making up for the rise may be a signal of overheated market sentiment. #美国10月CPI数据即将公布 #Mt.Gox地址动向