The cryptocurrency market enters the 'summer cool' phase as the White House delays the cryptocurrency policy report*.
Bitcoin and Ethereum are in the overbought zone*, increasing the risk of a correction.
Ethereum faces high liquidation risks* due to leveraged long positions and a strong increase in the funding rate.
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### 🧊 Matrixport: The Market Begins the Summer Accumulation Phase
According to a report from Matrixport, the crypto market is entering a seasonal correction phase, with the accumulation trend expected to last until August. The prices of Bitcoin and Ethereum have entered the overbought zone, significantly increasing the likelihood of a correction.
In particular, Ethereum is experiencing a strong increase in open interest and leverage ratio, raising the risk of long position liquidations – especially as the funding rate continues to rise.
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### 🏛️ Financial Policy Affects the Crypto Market
The White House's delay in announcing crypto policy reflects a shift in priorities in financial coordination, with the current focus on stablecoins linked to U.S. Treasury bonds. This indicates that crypto is gradually becoming part of the macro strategy – but it also brings short-term uncertainty for investors.
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### 📊 Technical Data & Market Sentiment
Community members on Twitter and Reddit also agree with Matrixport's assessment, stating that the market is entering a seasonal accumulation cycle.
This is not surprising when looking back at history:
> 🔁 July in the years 2018, 2021, and 2023 all witnessed Bitcoin and Ethereum moving sideways after reaching their peaks.
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### 💰 Today's Bitcoin Price
BTC price*: \$117,562.50 (slight decrease)
Market capitalization*: \$2,339,203,530,371
Market dominance rate*: 60.48%
Increase in the last 24 hours*: +2.07%
📊 Source: CoinMarketCap (data as of 04:25 UTC, 26/07/2025)
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### 📌 Conclusion
With the unclear policy situation and technical indicators showing the market is heating up, investors should carefully consider before opening new positions, especially with leveraged orders.
While summer may be calm, the crypto market is always ready for big surprises – especially when policy factors can reverse trends in an instant.
