In fact, the recent macro data is still good!
We can also know from the continuous new highs of US stocks! This time, the cryptocurrency fell inexplicably! The reasons for the blame and the summary of the meeting are as follows:
1. Recently, the large amount of unlocking is relatively large, such as apt 97 million US dollars, imx 51 million, strk 75 million, etc.
2. New large market value (FDV greater than 1 billion US dollars) is relatively dense, such as $io, ath, zk, ulti, etc.
3. The market hotspot has been sluggish, and the core narrative tracks such as ai rwa have weak sustainability and failed to lead the market
4. Meme coins and VC coins are gradually polarized, funds are dispersed, and market synergy cannot be formed
5.#BTChas lost its pricing power. Wall Street derivative tools only need to fluctuate 5% back and forth to make huge profits. There is no motivation to continue to do more
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