#加密货币市场行情 observed that both the Meme coin and NFT markets have dropped to their lowest valuations of the year, reflecting a marked cooling of speculative sentiment. The total market cap of Meme coins has fallen 66.2% from its early-year peak, while the total market cap of NFTs is down 43% from 30 days ago. This significant correction indicates that risk assets are undergoing a notable deflation of speculative bubbles.

On-chain data analysis shows that capital is rapidly flowing out of these high-risk assets. This trend may continue for a while until market sentiment stabilizes. From a strategic perspective, it is recommended to closely monitor the fund flows of large addresses, especially the actions of well-known whales, as they may provide important clues about the future direction of the market.

At the same time, the overall crypto market has lost $800 billion in market value within three weeks, further reflecting the current vulnerability of the market. In this environment, investors should exercise greater caution and may consider paying more attention to stablecoin contracts to observe whether there are signs of funds shifting toward safe-haven assets.