May 31 Market Analysis:

Market Trend:

Affected by macro factors, the market fluctuated repeatedly. On-chain data showed that the transaction volume decreased, BTC began to fluctuate, and the ETF flow rate was still not very optimistic.

Market Hotspots:

1. Trump was convicted of 34 felony charges and became the first former president in American history to be convicted of betrayal. With the occurrence of this incident, MAGA and Trump pulled back, greatly reducing the possibility of winning the election.

2. The cross-chain bridge STG rose sharply yesterday and was launched on the Korea Exchange. It directly pulled up. The pull-up effect of the Korea Exchange was too strong.

3. The not of the ton ecosystem rose sharply. The fully circulated meme of not will act as the gas of the telegram wallet and the medium of other projects in the near future. Therefore, not can be said to be in the later stage.

4. The inscriptions of BTC ecosystem dog, ordi, etc. rose sharply. The pizza airdropped by the unisat wallet cost more than 200 U per account.