Bitcoin did not follow the rise of US stocks last night, but instead chose a short-term pullback, showing a trend independent of US stocks. Currently, the 4-hour trend has not changed, and after the short-term pullback adjustment, the direction remains upward.
Accompanied by the pullback of altcoins, everyone can focus on quality leading meme and AI tokens, as these two sectors are the main theme of this bull market. Without a new narrative emerging, the market has no other choice.
Here are today's key points:
1. After a preliminary consensus on US-China trade, Wall Street is again worried about the timing of the Federal Reserve's interest rate cuts. Goldman Sachs expects the Federal Reserve to cut rates by the end of the year, lowering the probability of a US recession; Citigroup has pushed back its forecast for the next Federal Reserve rate cut from June to July.
2. On-chain Ikun small gold dog, with a market cap of about 15M, has already gone to Moonshot. Useless is currently hovering around a market cap of 20M.
3. After the launch of the Bonk platform, the pump has completely panicked, announcing last night that developers can take up to 50% of the fees. This move is both good and bad because only after the developers completely leave can the community truly self-organize; if the fees are still shared with the developers, who will lead the community and build it? Shouldn't the fees go to the traders?
4. The Truth platform has debunked rumors, stating that there is no issue with meme issuance. However, the Trump team is addicted to issuing tokens; I don't believe they won't issue, and it may be done in other ways, possibly issuing utility tokens rather than memes.
5. Although activity is high on-chain, the main battleground is still with the old memes. #moodeng #pnut #neiro have all seen short-term pullbacks, but they can still be continuously monitored; this wave of market activity has just started, and the bullish sentiment needs to brew.
6. The #Trump meme has launched a points market, but the tokens have followed the market and started to pull back last night. This can still be continuously monitored, and the team's ability to generate excitement is beyond doubt.
7. The phenomenon of account hacking has become serious again in recent days. After seeing links, everyone should avoid FOMO and authorize wallet connections. The official X accounts of ZKsync and Matter Labs have both been hacked.
8. Binance Alpha will launch RDAC trading on May 13 at 18:00, and the new point consumption mechanism will apply to RDAC airdrops.
9. Yesterday, the points from the puffer airdrop unexpectedly surged to 186, forcing users to increase trading volume. Currently, Alpha is waiving all fees, so it would be a good idea for everyone to trade a bit more each day. #新闻交易 #贸易战缓和