January 18 Market Dynamic

I. Macro Trends

1. Market Trend: BTC weekly line breaks, altcoins generally fall. The trend is similar to June 2019. BTC weekly support level at 35,000 and monthly support level at 27,000. Bull-bear ratio hits a new high of 2.4.

2. U.S stocks rise with chip stocks leading the way.

II. Market Highlights

1.MANTA on L2 goes live with a total market value of $2.3 billion and staking yield rate of 200%.

2.CFX on public chain rises as it plans to transition into becoming BTC L2.

3.Ondo from RWA issues coins that surge significantly in price . Ondo can help crypto institutions achieve a return rate of 5% on US Treasury bonds, similar to MKR.

4.WIF and MYRO from Solana's Meme ecosystem see significant increases in price . WIF is the Meme dog in Solana's ecosystem; contracts are launched on Bn.