The market fluctuates at a high level and fails to break through the previous high. It is likely to rebound and support for another week.

1) Market trend:

U.S. stocks fell. The U.S. dollar index hit a three-month high. After Powell’s speech, the probability of a rate cut in May continued to decrease.

2) Market hot spots:

1. The public chain sui rises, and the ecological cetus rises. Sui has recently launched Navi's ido, which is currently overfunded dozens of times. There will be a developer conference in April and a big unlock in May. Korean capital speculation.

2. The domain name ens has soared. In cooperation with the traditional domain name dns, the web2 domain name can be bound to the web3 domain name.

3. Pandora, which converts graphics to currency, has surged dozens of times in a few days, reaching a market value of US$50 million. Pandora is the erc404 standard for currency duality, between erc20 and erc721. Similar to nuts, it solves the liquidity problem of nft. Pandora is a fragmented NFT, and the rarity of the NFT may change during the reassembly and fragmentation process.

4. Whales and mobile products in the sol ecosystem have soared. Whales is an over-the-counter trading platform with current daily revenue of 20wu, annualized revenue of 7,000wu, and a market value of US$300 million. Mobile is depin and will be listed on the coinbase.

5. The merlin chain of brc420 started cross-chain mining, which is relatively large. The first phase is 1%, and there are 7 phases in total. Currently, 40,000 addresses are participating, and it is expected to reach hundreds of thousands of addresses in 5 days. Assuming a full market value of US$500 million under optimism (ordinary BTC L2 has a full market value of US$100 million), 1% is a quota of US$5 million. At present, each address is airdropped at approximately 100U (excluding cross-chain costs).

6. Modular dym will be launched on the mainnet today, on the same track as altlayer. Kucoin will be on the rise, which is worth watching.