Wishing everyone a safe and healthy Dragon Boat Festival in advance!

Today's midday market highlights:

1. James's liquidation has become a national focus, with the whale James Wynn losing 14.7 million in the past 24 hours. Hyperliquid data shows that his total losses have reached 14.02 million, with all profits completely wiped out.

2. Trump met Powell for the first time, requesting interest rate cuts, but was rejected by the latter, who insisted on the independence of monetary policy. The two sides remain deadlocked. Meanwhile, Federal Reserve official Goolsbee stated that if tariff issues ease, rate cuts are still possible. The U.S. Treasury Secretary indicated that several major trade agreements are about to be reached, which could be a potential positive, but the market reacted lukewarmly.

3. CEX on 05466096362, $KAITO, and $ABCN are performing strongly, $TRB has restarted, showing erratic trends; WCT's strong comeback raises the question of whether it will become the market's next "only rise, not fall" token. Safety reminder: Beware of pullback risks.

4. Plume co-founder Eugene has unfortunately passed away, causing a significant drop in the project. The team stated they will continue his spirit of innovation.

5. The meme market is experiencing extreme volatility: Labubu found support near 25 million last night and surged to 42 million, before retreating; Moonpig fell from a high of 120 million to 21 million, with risks and opportunities coexisting. Meanwhile, the $CA and $B that Xiaomiao is watching are currently consolidating, so pay attention to whether there will be a second wave of market action.