As of July 27, 2025, the overall cryptocurrency market has entered a stage of high-level consolidation.
Bitcoin (BTC) is priced at approximately $118,232, with a slight increase of about 0.63% in the past 24 hours, failing to effectively break through the key resistance level of $120,000. Ethereum (ETH) is currently priced at $3,795, up over 1.3% for the day, significantly outperforming Bitcoin, mainly driven by continuous inflows into Ethereum spot ETFs.
Looking at the performance over the past week, Bitcoin has seen a weekly decline of about 2.2%, while Ethereum has risen against the trend by 1.4%. According to CoinShares data, cryptocurrency assets recorded a total net inflow of $4.39 billion this week, setting a new historical high, indicating that institutions are still actively increasing their positions, especially favoring ETH and some application tokens.
Overall, market sentiment leans towards cautious optimism. On the regulatory front, the U.S. GENIUS Act and other stablecoin and digital asset regulatory proposals are being advanced, boosting compliance confidence; on the macro side, the market remains focused on the Federal Reserve's upcoming interest rate path, which may affect the short-term performance of risk assets.
Aside from mainstream coins, Solana (SOL) has risen nearly 9% in the past week, while Cardano (ADA) and Avalanche (AVAX) have also performed relatively strongly, with increases exceeding 15%. XRP, on the other hand, has pulled back from its highs and is currently fluctuating around $3.1, showing a weaker trend.
In summary, the current cryptocurrency market is in a tug-of-war phase between bulls and bears, with structural trends emerging. Investors should pay attention to changes in ETH's dominance, institutional ETF movements, and whether BTC can effectively break through the $120,000 mark to determine the rhythm of the next market trend.
