Today’s highlights:
1. Macro trends
1. Market trend:
BTC broke through weekly, and altcoins generally fell. The trend is similar to June 2019. BTC weekly support is at 35,000 and monthly support is at 27,000. The CBBC ratio hit a new high of 2.4.
2. U.S. stocks rose, led by chip stocks.
2. Market hot spots
1.L2 MANTA is online with a total market value of US$2.3 billion and a staking return rate of 200%.
2. The public chain CFX is rising and plans to transform into BTC L2.
3. The price of RWA’s Ondo issued currency has increased significantly. Ondo can help crypto institutions achieve a 5% return on U.S. Treasury bonds, similar to MKR.
4. WIF and MYRO prices in the Solana Meme ecosystem have increased significantly. WIF is the meme dog in the Solana ecosystem; contract launched on Bn