Crypto Assets Market Weekly Report: BTC Price Approaches CME Gap, Analysts Optimistic About This Week's Trend

Market Overview

Last week, the U.S. market was closed for three days, and market sentiment appeared slightly tense. The adjustment of the U.S. government's tariff policy became the focus, potentially taking effect on August 1st. U.S. stocks continued to hit new highs, reflecting investors' optimism about the economic outlook, but excessive bullishness could lead to increased market volatility.

In the field of stablecoins, an analyst pointed out that public chains meeting the demand for value transfer is key. Data shows that in the first quarter of 2025, the trading volume of USDT on TRON surpassed that on Ethereum for the first time. He believes that compliant public chains help stablecoins integrate into the financial system, enhancing issuance and circulation efficiency.

In terms of Bitcoin, 80,000 dormant BTC that have been inactive for 14 years have been activated, attracting market attention. Although there are concerns about selling, analysts believe it may just be a technical upgrade. Traders are focusing on the gap at $107,570 in CME Bitcoin futures as a potential price target. Multiple analysts are optimistic about this week's market, with some expecting it may break historical highs.

Regarding Ethereum, a well-known trader expressed optimism about ETH's performance this week. He pointed out that the market positioning for ETH has changed, with current structural positions at a three-year low. ETH is seen as the preferred choice for institutions betting on infrastructure and stablecoins, accounting for over 90% of the total locked volume of stablecoins. As the U.S. advances stablecoin regulations, ETH is expected to continue benefiting. He believes that ETH still has room for catch-up relative to BTC and has adjusted his positions accordingly.

In the altcoin market, the BONK ecosystem has shown remarkable performance. Several metrics from a certain token issuance platform have surpassed its competitors, with a market capitalization reaching 11.5 million USD. The BONK token itself has seen a price increase of over 16% in the last 24 hours. Another project, USELESS, briefly had a market capitalization exceeding 300 million USD. Meanwhile, a certain political figure announced the establishment of a new political party, and the trading of related tokens is active.

Key Data

• BTC: $109,165, Year-to-date increase of 16.58%
• ETH: $2,575.46, year-to-date decline of 22.97%
• Fear and Greed Index: 52 (Neutral)
• Market share: BTC 64.5%, ETH 9.2%
• 24-hour liquidation: Total amount of 182 million USD, with BTC accounting for 62.89 million USD.

ETF Fund Flows

• BTC ETF: Net inflow of $770 million last week, with a continuous net inflow for 4 weeks.
• ETH ETF: Net inflow of $219 million last week, with a continuous net inflow for 8 weeks.

Market Outlook

• A trading platform will delist multiple coin pairs.
• Another trading platform plans to upgrade its API.
• The president of a certain country will send a letter to other countries regarding tariff issues.
• NEON will unlock approximately 53.91 million coins, accounting for 22.51% of the circulating supply.

Hot News

• Multiple coins will see large unlocks.
• The heat of virtual assets affects A-shares, and many listed companies are being inquired about their stablecoin layout.
• A client of a pension consulting firm achieves high returns by allocating BTC.
• The Ethereum Community Fund is committed to pushing ETH to $10,000.
• Analysis suggests that the dividend period for Bitcoin treasury strategy may have ended.
• Data shows that over 30.4% of BTC has not moved for more than 5 years.
• Options traders bet on a "big market" in July