BTC Fluctuates While Altcoins Dance, ETH Ecosystem Becomes the Main Line
Market Dynamics
- BTC Narrow Fluctuation: Bitcoin maintains range consolidation, market funds flow towards the altcoin sector, ETH ecosystem shows strong performance
- U.S. Stock Market Correlation: U.S. employment data exceeds expectations, the three major U.S. stock indices close higher, boosting risk appetite in the crypto market
Recent Hot Sectors
🔵 Stablecoin Protocols Lead the Way
- Tokens associated with stablecoin protocols like MKR, ENA, and LQTY are performing strongly, catalyzing logic: USDC plans to launch on the U.S. stock market with a valuation of $7 billion, expectations for the compliance of the stablecoin sector are rising
🔵 BSC Chain MEME Craze
- MEME tokens like BOB are surging, BN Alpha boosts liquidity on the BSC chain, driving a widespread rise in BSC ecosystem MEME tokens, market speculation focuses on small-cap sectors
Market trends are clearly driven by short-term funds, it is recommended to pay attention to changes in liquidity of leading tokens, as the market continues to change, we must closely monitor market signals to seize new entry opportunities
