#密码资产动态追踪 Today’s market outlook —

BTC leads the rally, with the entire altcoin camp following suit. Contract fee rates have already turned negative, indicating that the rebound in the bear market might really be happening. Recently, the market’s main topics focus on two areas: privacy ecosystems and various Chinese-themed meme coins.

On the macro front, US stocks are falling, geopolitical risks are rising (the probability of US military action against Iran before March is estimated to be over 70%), but silver is hitting new highs. These factors are all stirring up overall market sentiment.

Looking closely at a few hot sectors:

The recent moves in privacy coins are quite interesting. Monero (XMR) has hit a new high, and DASH is also starting to follow suit with a rally, showing that the privacy sector’s heat is clearly picking up. ETH performed remarkably well, with the ETH/BTC exchange rate strengthening, and PEPE among meme coins is also attracting funds.

On the public chain side, IP projects are surging, driven by Korean project teams deliberately delaying large unlocks to squeeze the market. Short-selling fees have soared to -30%, and such extreme rates tend to attract long positions.

Football fan coins like CHZ continue to rise. Considering the World Cup in June 2026, there’s usually hype about it six months in advance, so this logic makes sense.

Another phenomenon worth noting is the frenzy around Chinese meme coins. Some dark horse meme coins are doubling multiple times in a row, even making it onto the Alpha section of a major exchange. There are white whales on the Solana chain and dark horses on the BSC chain. Now, in the Year of the Horse, the market is speculating whether these dark horse projects are similar to internal projects like PALU, which might gradually list spot trading. By the way, XDOG on a certain public chain has also doubled several times, likely due to the spillover effect of Chinese meme coin funds.

Overall, the market’s hot money is searching for new main lines of speculation. Privacy, public chains, and meme coins are the three main themes at this stage.