5.24 Market Dynamics:

1. The Trump dinner has concluded, but no major points were made. After the dinner began, Trump started to criticize, leading to a decline of 9% today.

2. Sun Ge is the focal point of this dinner. Not only did he get to speak on stage, but he also received a gold commemorative watch (normally it's silver). This shows the strength of being the top holder.

3. Under Trump's influence, Bitcoin has dropped below 110k and is now fluctuating around 107k. It's hard to believe this is the same crypto market that fell around 110k. Altcoins are generally down by 10%;

4. U.S. Treasury Secretary Janet Yellen: Major trade agreements are expected to be reached in the coming weeks; also very close to adjusting the Supplementary Leverage Ratio (SLR), which may affect Treasury yields;

5. U.S. SEC Commissioner Hester Peirce: Staking activities are not regulated under securities laws;

6. Regarding the SUI hack incident, it is said to have been directly rolled back? It has become a single-chain situation, leading many OGs to lament that decentralization no longer seems to be an unchangeable principle. Times change quickly, but the coin price hasn't dropped much, which is quite impressive.

7. Trump is stirring things up again! The decline in European stocks is due to Trump's announcement of a 50% tariff on the EU starting June 1, which has had an impact.

Summary: There's not much to summarize, after all, there's no money left. The market suddenly experienced a tariff storm, making it difficult to collapse, and it plunged in an instant. It's surprising that tariffs can still be mentioned at this time.