Market sentiment short note Every decision in the market needs to be digested by the market. Many market conditions are first expected by "news/messages", and the expected effect affects prices.

After the price changes and the funds are digested, there will be a direction. Since Trump took office, the liquidity of $Trump has been sucked dry, and exchanges and application products have been stolen. After being stolen, people will be more likely to panic.

The extreme panic will be a turning point, just like the best news in the market is actually Trump's inauguration, and that's it. Everyone thinks that AI Agents can force good projects to the table like the DeFi track. At this stage, the market does not value technology at all. There is no DeFi protocol combined with DEFAI.

In the end, it was the cousin @cz_binance who pulled BINANCE CHAIN ​​and many bosses pulled retail investors to play MEME together, and @pumpdotfun directly did AMM and confiscated the gift to @RaydiumProtocol. The best thing about pumpfun is that he regularly dumps the market, but if the liquidity of this market is not sufficient, such dumping will only wear down everyone's confidence and enthusiasm in this chain. #Strategy增持比特币 #加密市场回调