1. Market trend

BTC fluctuated at a high level, and altcoins fell across the board. The contract rate once approached the historical extreme value, and there may be a major correction in the next 1-2 weeks.

US stocks retreated, and Trump's trading retreated. The US dollar index rose to a six-month high, and Trump's remarks on imposing a 20% tariff on all imported goods exacerbated inflation concerns.

2. Market hot spots:

1. Dog-themed memes such as doge, bonk, floki, neiro, wif, and doge rose. Musk was appointed as the head of the government efficiency department (doge). Doge soared to a market value of 60 billion US dollars. Funds overflowed from Dragon 1 doge and rotated to Dragon 5 and Dragon 6. Similar to the previous pepe speculation to pepe2, babypepe, and pepecoin. SBR soared, which is the abbreviation of the BTC war reserve movement.

2. Old coins such as xrp, xlm, and trx rose. The old coin's rise may be a signal of overheated market sentiment.