7.22 Market Matters to Clarify:
1. BTC has recently had too much liquidity, with sharp fluctuations like playing a game; is the short-term bottom in sight? It's unclear, observing is the safest approach.
2. ETH's growth rate has noticeably slowed down, and it's time for it to give way to other mainstream coins. SOL, which was mentioned yesterday, has already surged back above 200.
3. The altcoin season index has soared to 56, the highest since December last year, while Bitcoin's market cap dominance has dropped to 60.57%; those who understand the rhythm know what's happening.
4. The net increase in stablecoins over 7 days is 3.09 billion, with a total of 228.67 billion; the liquidity situation isn't bad.
5. MFH and Solana Ventures struck a $200 million equity credit agreement to establish a digital asset treasury on Solana, which is a solid positive for the SOL ecosystem.
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