Today's market key points of attention:

1. The "GENIUS Act" has been passed by the Senate and awaits Trump's signature for further standardization of development.

2. Analyst Willy Woo believes Bitcoin has entered the later stages of a bull market, but there is still room for growth. From liquidity indicators, the market has not yet reached its peak, and the subsequent trends are worth continuous monitoring.

3. Activity on the AVAX chain has significantly increased, with meme coins like Lambo and Fomo showing strong short-term performance, attracting a large influx of capital and becoming new hotspots in the market.

4. CEX and DeFi performance: CEX altcoins generally declined, but leading DeFi projects showed strong resilience. Once the market stabilizes, these top projects may rebound first, with a focus on Aave and others.

5. Pump.fun sold 4.1 million SOL in the last two months, and their actions have negatively impacted the industry ecosystem.