5.24 Market Hotspot Tracking:

Yesterday's market really proved that since Trump took office, the entire global financial market has been opening and closing with his every word.

1. Bitcoin, under Trump's influence, 📉 fell below 110k and is now fluctuating around 107k, but altcoins are generally down 10%;

2. ETH can only be said to always pick the softest persimmons. Always thinking this time is different, but in reality, it's still the same; it has fallen even more severely, becoming a large leveraged Bitcoin;

3. SOL follows the weak, not the strong. Whoever is weak, it follows, with no independent market presence, and the on-chain activity recovery still struggles to save it;

4. U.S. Treasury Secretary: The 90-day tariff pause is based on sincere negotiations. Trump believes the EU's proposal quality is not high;

5. CZ_binance: There are VCs spending millions of dollars on lobbying, opposing Binance's help for the U.S. to become the cryptocurrency capital;

(If USD1 has turned out this way, how can millions of dollars succeed in opposition?)

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An interesting thought is that at this moment, any offensive action is very difficult, and altcoins seem to be in a tough spot.