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

1. Cross-market linkage decline, cryptocurrencies show relative resilience: Last night, U.S. stocks and crypto concept stocks both plummeted, while #BTC、 ETH and SOL only experienced slight pullbacks, demonstrating a certain level of resistance to decline. This is a positive sign of market sentiment easing, but a reversal in the market still requires time to develop; it is advisable to remain patient and wait for clear signs of stabilization.

2. The Stable deposit activity is booming, with a market value surpassing XPL, raising valuation controversies: The second phase of Stable's deposit activity is extremely popular, with its Binance pre-contract market value reaching 4 billion USD. In comparison, similar projects like #XPL have a market value of 1.25 billion USD, leading the market to discuss whether "Stable is overvalued," which needs to be assessed based on its capital inflow scale and ecological implementation progress.

3. Sui Ecosystem AIA becomes a dark horse in the AI track, surging 7 times in two weeks: The Sui ecosystem AI infrastructure project DeAgentAI (#AIA) has performed remarkably, with a cumulative increase of over 7 times in two weeks, currently valued at $6.4 billion. Last night, it surged over 300% in a single day, directly "burial" a large number of shorts, becoming the most explosive target in the current AI concept.

4. The storage sector follows the rise of U.S. stocks, sustainability to be observed: Tokens in the storage sector have collectively surged, with FIL increasing by over 51.34%, and AR and STORJ rising in tandem. The core driver may be the spillover speculation from the U.S. stock storage concept, but the sustainability of this type of cross-market following trend is questionable. It is recommended to observe for now and avoid being trapped after chasing high prices.

5. USDe's market capitalization has halved, raising doubts about its stablecoin model: The market capitalization of the stablecoin USDe has fallen below $9 billion, nearly halving from its peak of $16 billion. Industry practitioners have bluntly stated that "the stablecoin model of USDe has been falsified," and its associated token #ENA has seen its market capitalization drop to $4.6 billion, significantly undermining market confidence in such stablecoins.

6. ZEC reaches a historic new high of 555U, contract signals suggest caution in shorting: The price of the privacy coin ZEC has surpassed 555U, setting a new historical high, with the current contract rate at approximately -0.3%. This data reflects strong bullish sentiment in the market and a robust short-term trend, suggesting a cautious approach to shorting operations to avoid counter-trend speculation.

7. The trends of the BSC "Three Musketeers" are diverging, with reliance on call attributes becoming prominent: GIGGLE is oscillating around 200U, #币安人生 has seen a pullback, while #ASTER has risen back above 1U. The trends of the three are highly dependent on the call endorsements from the "Binance Dual Saints," lacking independent market-driving logic, and it is necessary to closely monitor whether there is new positive support in the future.

8. Tether continues to increase its BTC holdings, with a total of 87,290 BTC: Tether has increased its holdings by another 961 BTC, bringing its total to 87,290 BTC, valued at $8.84 billion at current prices. As a stablecoin giant, its continued accumulation reflects a recognition of BTC's long-term value and provides some liquidity support to the market.

9. OpenAI sparks controversy, with growing doubts about the AI bubble: A proposal by an OpenAI executive for the U.S. government to provide financial guarantees for data centers has sparked industry debate. Sam Altman subsequently denied the statement and suggested that the government establish a "national computing reserve." The market has begun to question whether OpenAI has the suspicion of "inflating the AI bubble," or if it could have an indirect impact on the AI narrative in the Crypto space.

10. Cathie Wood lowers long-term BTC target, stablecoins rise to divert demand: Ark Invest founder Cathie Wood has lowered the forecast for BTC's highest price in 2030 from $1.5 million to $1.2 million. The core reason is that "stablecoins are rapidly emerging in emerging markets and are gradually playing the role that BTC previously held," leading to a cooling of market expectations for BTC's long-term outlook.