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The market is currently in a state of extreme fear. You will notice an interesting phenomenon—BTC is consolidating with low volume, while gold and silver are experiencing疯狂拉升, this divergence speaks volumes.
Within the crypto circle, there is significant polarization. A leading DEX has become a positive indicator by launching a protocol fee buyback and burn mechanism, which indeed has room for imagination. On the other hand, FLOW has suffered a heavy blow due to a security incident, with a single-day drop of 50%, directly pulling it down.
There are also movements in the privacy track. ZEC has突破500美元的关口, which is a good highlight in the context of privacy coins being lukewarm for a long time. However, overall, the market is still swinging back and forth between "extreme fear" and "small rebound," and the overall direction is still unclear.