#密码资产动态追踪 Market Weekly Report Issue 248

Market activity picked up over the weekend night, and this week's trend appears it won't be calm.

Bitcoin tested back and forth before Asian market open, and has now rebounded above the 91000 mark, which is a decent start to the week. Investors can continue to monitor. Ethereum broke through 3100 following the trend, but the upward momentum is relatively limited, mainly following the market trend.

The Altcoin sector shows clear differentiation. BNB is under pressure due to a short-term pullback in the Chinese Meme ecosystem with relatively weak overall performance; in contrast, SOL is exceptionally strong, leading mainstream coins in 24-hour gains with a 4% increase.

**On-chain Data Overview**

Bitcoin network blocks were completed by 36 independent miners last year, indicating the network's decentralized distribution remains intact; Chinese Meme token momentum has temporarily receded, with popular tokens such as "我踏马来了" and "老子" showing significant market cap pullbacks.

**Policy and Application Developments**

Kweichow Moutai has established a digital technology company with business involving blockchain technology software and services; Russia's Social Fund is conducting societal discussions on cryptocurrency payments for pensions; additionally, Venezuela has been using USDT extensively to circumvent sanctions, with Tether officials stating they will actively cooperate with international law enforcement.

**Market Outlook**

Maintain long-term positioning and believe BTC breaking through 200K is only a matter of time. For contract trading, remember that stop-loss is the first principle, and probabilistic thinking is the core of trading strategy.