January 24 Market Dynamics

I. Macro Trends

1. Market Trend: The market rebounds after a big drop. In the worst-case scenario, referring to the major rebound in 2019, excluding the 312 incident, it once fell from $14,000 to $7,000.

2. U.S stocks are fluctuating. The dollar index breaks through on a weekly line and hits a two-month high, suppressing risk asset prices.

II. Market Hotspots

1.L2's MANTA, BLUR, TIA and DUSK are rising. The increase in MANTA's market value has a catalytic effect on BLUR's Blast.

2.Public chains SUI and APT are rising. SUI is cooperating with Alibaba Cloud and releasing good news before the large unlock in May.

3.Platform coin OKB spikes due to large account loan liquidation affecting OKB’s market liquidity.

4.The public chain ETH breaks its position on the weekly line; altcoin decline may have just begun.