Recently, the market has basically been in a secondary trend, especially the secondary market for new coins on exchanges. Looking at the gainers list, all are recent coins, I can only sigh that it's fortunate to have caught the opportunity to short during the pump.
1.$BTC is basically in a consolidation phase, after all, it has been oscillating up and down by 1000-2000, giving plenty of development opportunities to altcoins;
2.$ETH is currently building momentum, after all, Justin is slowly offloading, it’s hard to believe that anyone really thinks that Brother Sun is going long in coin positions, but the rise has given plenty of opportunities for small coins to perform in turns;
3.$SOL generally doesn’t follow the big brother but follows the second brother. After struggling for a day to break through 200, it came down directly. The overall on-chain market is still quite good, especially for the Bonk system;
4. Bitcoin treasury company Block has officially been included in the S&P 500 index today;
5. Trump: Will impose simple tariffs of 15% to 50% on most countries;
Goldman Sachs: Despite reaching a trade agreement, the dollar will still be under pressure;
6. Memecoin launchpad @bonk_fun promises to use 1% of its revenue to repurchase top tokens;
It's not the amount that matters but the attitude;
7. FTX will launch the next round of debt distribution on September 30, releasing $1.9 billion in disputed reserve funds;
8. JPMorgan: The $2 trillion forecast for the stablecoin market is overly optimistic, and infrastructure still needs improvement;
9. The Ninth Circuit Court ruled that NFTs qualify for trademark protection, sending the Yuga Labs case back for retrial;
10. Bitwise is 'actively assessing' the U.S. Securities and Exchange Commission (SEC) decision to suspend its initially approved cryptocurrency index fund;
11. Asymmetric adjusts fund strategy, Liquid Alpha Fund shifts to illiquid investments;
12. Burwick Law names Solana and Jito executives in the expanded RICO case against Pump;
13. PNC Bank partners with Coinbase to launch customer cryptocurrency trading services;
14. U.S. House Speaker: Disappointed with Powell, open to reforming the Federal Reserve;
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The entire secondary market has reached a level of madness, especially with new coins, where everyone can see various 'crazy surges + drops,' with massive fluctuations.
On-chain, only playing Bonk system, and exchanges only playing new coins is the current landscape.
