$BTC $BTC $

In terms of the overall market trend, BTC suffered a sharp decline, leading the entire market into a downward channel, marking the end of the market rebound phase and the official start of the main decline. The German government's actions over the weekend further exacerbated the market turmoil. At the same time, the US stock market rose against the trend. The remarks of Federal Reserve Chairman Powell revealed a signal that there would be no interest rate cuts in the short term, adding more complex factors to market sentiment.

The market focus is on two aspects: one is the oversold rebound of BTC inscription SATS. Unisat fulfilled its promise last year by enabling SATS to realize SWAP's GAS fee settlement, and looked forward to the vision of creating a fractal BTC (FB) in the future, although the overall narrative of BTC's second-layer solution (L2) encountered challenges; the second is the rebound of BN new coins NOT, SAGA, and DYM. After experiencing rounds of rebounds, the market ultimately failed to get rid of the fate of falling and returned to the downward track.