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Key Points of the Market on May 9
Bitget2025/05/09 01:09
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1) Market Trend:
BTC surged back to $100,000. The altcoin leader ETH rebounded on a weekly level, and altcoins may have relative opportunities in the next 2-3 months.
U.S. stocks rose. U.S. media reported that tariffs on China might be reduced to 50% next week.
2) Market Hotspots:
1. The public chain ETH surged, leading ETH-based projects, including meme's PEPE, Neiro, Moodeng, and the ecosystem Eigen, ETHFi, ENA, etc.
2. The public chain SUI surged, being the most aggressive rising public chain recently.
3. The AI sector's Virtual, Fartcoin, etc., surged. Virtual's new staking launch mechanism is a Ponzi flywheel.
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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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