"Jinsha Academy" April 29, 2024, market trend analysis:

The main currency BTC in the current market is showing a volatile trend, and the focus of market speculation has shifted to the ETH series. At the same time, the US stock market rebounded, and the market expects a 35 basis point interest rate cut this year and another 60 basis points next year.

Market hot spots:

1. The public chain ETH has risen sharply, and the ETHBTC exchange rate has also risen sharply. The market speculation expects that ETH spot ETFs will pass by the end of May, similar to the logic of BTC ETFs. However, the activity on the ETH chain is not high, and the gas is only 6 Gwei.

2. ETHFI, SSV and other currencies pledged by ETH ecological projects have followed the rise, and BN, which Renzo will pledge again tomorrow night, will also participate. ETH L2's OP, STRK and other currencies have also followed the rise. OP will have news of a large unlock of 60 million US dollars this week.

3. Depin's mobile, HNT and other currencies have risen sharply. Recently, there have been many airdrops in the sol mobile phone ecosystem, which has driven the rise of related currencies.

4. A magic mine has appeared in the stablecoin protocol bucket of the sui ecosystem. Bucket is a copycat of the over-collateralized stablecoin makerdao, with a stablecoin yield APR of up to 70%, and there is a high probability that tokens will be airdropped in the future.

The above are the main trends and hot spots in the current market. Investors can make corresponding investment decisions based on this information.