June 19 Market Dynamics: ETH/BTC exchange rate strengthens, market focus revolves around the ETH series

I. Market Dynamics

1. BTC is falling, and Korean retail investors are panic selling altcoins due to fears of new regulations in July. The ETH/BTC exchange rate is strengthening, with the market mainly revolving around the ETH series.

2. U.S stocks have hit new highs for seven consecutive days, and the dollar index has rebounded.

II. Market Focus

1. ENS, LDO, RPL, PENDLE, CVX, MOG, PEPE and other coins in the ETH series are rising; primarily old coins used as collateral with a fully circulating chip structure dominate this trend; ENS is favored by Vitalik Buterin (V God). An ETH ETF will likely pass at the beginning of July and may be a major market trend over the next month.

2. Bankrupt tokens like FTT and USTC are rebounding. Victims of FTX seek to return $8 billion in assets directly to customers rather than including them as bankruptcy property distributed in order - meaning that FTT token holders would be last in line for compensation during bankruptcy proceedings.

3. ONDO from RWA is on an uptrend through its collaboration with DRIFT on SOL chain.

4. Game coin UDS tripled after a significant increase: Undeads Games is an apocalyptic survival metaverse MMORPG game on Ethereum blockchain where players drive cars and shoot zombies; it's developed by a US team from PayPal and Animoca with a total market value of 200 million dollars.