1）Market Trends
Yesterday, GDP fell, U.S. stocks opened lower and rebounded, while the cryptocurrency market is currently consolidating, possibly waiting for ETH to break through. Several significant events are approaching, so be mindful of risks.
Viewpoint: Weak U.S. economic data may prompt the Federal Reserve to shift to a dovish stance, which could benefit Bitcoin.
Recent Hot Topic: Trump: A beautiful big bill is coming, possibly bigger than tariffs.
2）ALPHA Information
（1）The president's official media issuing tokens and the market's desensitized performance show that Trump's crypto empire lacks novelty.
（2）Solana futures open interest approaches historical highs, traders reassess the possibility of breaking through $200.
（3）Pendle PT has officially launched as collateral on the Aave Core Market, with a subscription of $150 million sold out within hours. The limit has now been increased to $250 million, with approximately $162.2 million of Pendle PT collateral deposited, accounting for 65% of the total limit.
（4）The market-making agreement signed by Movement Labs resulted in the obscure intermediary Rentech gaining control of 66 million MOVE tokens, leading to a $38 million sell-off of MOVE tokens the day after the TGE, prompting Binance to urgently freeze related accounts.
（5）On the Bithumb platform, the trading volume of the Korean won market PUNDIAI exceeded BTC in 24 hours, reaching $105 million.
（6）CZ: 99.99% of AI tokens are 'useless'.
