1）Market Overview

Bitcoin remains volatile, while altcoins generally decline, and the market overall lacks clear hotspots; U.S. stocks show signs of rebound, slightly boosting short-term sentiment.

2）Market Hotspot Tracking

BN Alpha's New Developments: Two new projects launched — Milk (a liquidity staking protocol in the Cosmos ecosystem) and Haedal (a staking protocol in the Sui ecosystem); The BN wallet also added Bsquared Network today, focusing on the Bitcoin ecosystem, which is worth noting.

Stock Movements: Layer-type tokens frequently hit new highs, indicating signs of deep control by major players, with some investors withdrawing amounts that have reached 25% of the circulating supply, showing clear intentions of control.

Meme Trend Reversal: Trump meme coins plummet sharply, as Trump's Truth Social plans to launch a new coin, which may dilute the existing old coins.

On-chain "conspiracy coins" rise unexpectedly: Niche meme coins like House, Hosico, Troll, and Neet soar significantly, with House's total market cap approaching 100 million USD, and KOL Ansem continuously increasing his position.