🚨 Today's Crypto Hotspot Collection, Get Market Focus in 1 Minute

1. Mainstream coins have plummeted in sync with the peripheral markets, and panic sentiment is rising: #BTC、 #ETH、 #SOL have collectively fallen sharply, U.S. stocks and crypto concept stocks have also weakened across the board, and the short-term attractiveness of crypto assets has significantly declined. The crypto market's fear index has risen to a two-week high, with investors' risk-averse sentiment dominating the market, leading to a noticeable decline in trading activity.

2、#KITE After the continuous rise from the Binance Alpha airdrop, early players have recovered: Binance Alpha has launched a new KITE airdrop event, driving KITE to rise for 3 consecutive days, with a current market value exceeding 1.6 billion USD. Investors who entered at the high opening price have realized recovery, but in the short term, it is necessary to be cautious of the pullback risk after the benefits of the airdrop are realized.

3. FLM, #PERP surged against the trend after being delisted, high volatility carries risks: After Binance announced the delisting of FLM, PERP, and other concept coins, the prices of both instead rose strongly, but the trading volume remained low. This "low trading volume and high volatility" trend lacks capital support, essentially belonging to pure gambling-style trading, and participants should be prepared for losses.

4. "100% Winning Rate Whale" faces losses on long positions, followers suffer a heavy blow: The "100% Winning Rate Whale," which previously performed brilliantly, currently has unrealized losses of about 7.8 million USD on its long positions, with the most severe market conditions seeing unrealized losses exceed 17 million USD. Investors who followed this whale's trades are now facing significant losses, exposing the risks of "blindly following trades."

5. ZEC rebounds sharply after a significant drop, drawing attention to the competition among privacy coins: The privacy coin ZEC has achieved a strong rebound after a major decline, and the current market focus is on whether "ZEC, which ranks 34th in market capitalization, can surpass XMR, which ranks 32nd"—the market cap difference between the two is about 10%. If ZEC continues to strengthen, it is expected to become the top privacy concept coin.

6. Multiple projects in public sales have significantly oversubscribed, revealing hidden concerns behind the "savings bureau": MEGA oversubscribed by 27.8 times, MMT by 18 times, and FIGHT by an astonishing 122 times. The market shows great enthusiasm for projects like the "savings bureau." However, the high oversubscription hides concerns: after a large influx of funds, the question of who will absorb the sell-off has become the most pressing issue in the current market.

7. Two industry giants are bearish, and pessimistic expectations are spreading in the market: Legendary trader dove Eugene stated, "The market has not improved, and investors continue to incur losses"; Formula News founder Vida thinks, "The Meme market is nearing its end." The simultaneous bearish outlook from these two authoritative figures further exacerbates the pessimistic sentiment in the market.

8. The PERP battle has come to an end, and HYPE has risen against the trend to become the leader: The first phase of competition in the PERP-related track has concluded, with the price of ASTER continuously declining to 0.93 USD, while HYPE has surged against the trend to 45 USD, significantly outperforming similar tokens. From the current trend, HYPE's leading position in the track is becoming increasingly solid.

9. BSC chain MEME coins collectively plummet, ecological enthusiasm wanes: MEME coins and conceptual coins such as giggle and Binance Life on the BSC chain have seen significant price drops, causing some investors to fall into despair due to losses. This phenomenon indicates that the short-term enthusiasm for the BSC ecosystem has rapidly diminished, and it is necessary to wait for new narratives or positive news to reactivate capital interest.