Today's Hot Topics:

1. US Stock Market Turmoil: Tesla's market value shrinks to $150 billion, DJT Media under Trump plunges 8%;

2. CRCL Surge: Ring stocks double strongly, peaking at $103 during the day, closing back down to $83;

3. On-chain Stagnation: Meme 'Grid Trading' goes to zero in bulk, no one is named and criticized, but the market has already voted with its feet;

4. PumpFun's Volatility: Taking advantage of the hype around 'Musk vs. Trump Coin', harvesting emotions, but never taking responsibility for the industry;

5. BSC Meme Plunge: The sector collectively adjusts, unrealized gains turn into unrealized losses in an instant, the market feels like a roller coaster;

6. Coinbase Continues to Ramp Up: New meme coins like Fartcoin, SQD are continuously launched, continuing to chase trends;

7. Gambler James' 'Bloodbath Record': Overnight liquidation of 379 BTC, from a profit of $87 million to a loss of $20.5 million, experiencing the worst scenario in the crypto circle;

8. Binance Points New Rules: Only Alpha tokens and spot trading are included in the points calculation, don't take unnecessary detours.

Summary in One Sentence: Don't charge headlong into a storm; only those who survive first are qualified to talk about profits. #今日市场观点