1) Market dynamics: The trend of Bitcoin will be affected by the fluctuations of US stocks. The altcoin season is about to begin, and the market’s attention to mainstream currencies will turn to meme coins. Although U.S. stocks fell, the A-share index performed strongly at the daily limit. The situation in the Middle East has triggered risk sentiment in the market, while the situation in the US presidential election has become particularly tense. The U.S. Dollar Index is showing significant gains on the weekly chart.
2) Market hot spots: 1. Meme coins such as neiro, spx, fwog and mew have performed well. Among them, neiro has become the leader of this rise and has strong market control capabilities; spx, as a traditional meme of cult culture, has a trading method similar to mog.