March 13 Market Trends

1) Overall Market Trends

BTC rebounded, altcoins rebounded. The market capitalization of the top altcoin projects in this round is 1/3 of the previous round, indicating insufficient market liquidity.

U.S. stocks rebounded, and the U.S. February CPI cooled down, but the key is the CPI for March-April after tariff increases. If the U.S. removes China's Most-Favored-Nation status, tariffs on China will increase from 30% to over 60%.

2) Market Highlights:

1. Platform token BNB rebounded, Binance announced its first sale, with the UAE's Abu Dhabi investing $2 billion for a minority stake.

2. The hype around on-chain exchanges plummeted, as contracts had liquidation loopholes, allowing whales to repeatedly arbitrage.

3. Public chain IPs rose, with the IP Portal public beta officially launched, helping IP creators monetize.

4. Oracle RED rose, listed on Coinbase.

5. The political meme PWEASE on the SOL chain hit a new high. The frequency of market memes with golden dogs has dropped to every 4-5 days, approaching the rhythm of the last NFT market's final stage.