Market Dynamics on March 18th

I. Market Fundamentals
1. The market rebounds after a significant drop, with the focus of speculation still concentrated on Solana, AI and Meme tracks. Historical data shows that the first major setback after Bitcoin hits a new high often marks the beginning of altcoin season.
2. U.S stocks suffered a heavy blow, and interest rate cut expectations were blocked. The market generally expects that the Federal Reserve will gradually slow down its quantitative tightening policy from May and continue until February next year. This period may be the best return period for investment markets.

II. Market Focus
1. Public chain Solana's price has soared, and its ecosystem tokens WIF, MYRO, JUP, RAY etc., have also risen accordingly. SOL/BTC exchange rate weekly line breaks through; Solana chain is similar to Ethereum during 2017 ICOs accepting funds flowing out of Bitcoin - usually performing best on public chains are Meme and DEX . WIF profited from Musk's tweet about Ireland's National Day "Green Hat Festival".
2.The AI sector including RNDR、NEAR、FET、AGIX and AR all had substantial increases in value.On March 18th Nvidia AI conference began,RNDR AND NEAR have speaking rights.AI sector falls before it bounces back.
3."BOME" led Shiba Inu on SOL chain retraced after big rise.It’s like inscription flows to other chains,the doge tide also spread to APT、AVAX、TON etc.public chains,but wealth effect is not as good as Solana ecology,capital has higher possibility to flow back.This time is small scale rehearsal for this round bull market zoo trend.
4.Bitcoin inscription Runestone air dropped,and rose four times within three days becoming fifth largest NFT by market cap.Future plans include token air drops,the more you hold,the higher proportion of air drop you get.
5.ethfi’s tvl reached 3 billion dollars,it’s the top in Ethereum re-pledge track by tvl,market expects its total market value to be around 50 billion dollars.