"Last night, the political and economic trio continued to play: following the release of the White House report, the warmth still lingers, Hong Kong's stablecoin new rules officially took effect, and the Federal Reserve's dovish and hawkish signals intertwined. The crypto world slightly rose under multiple signals, but there is also hidden fog—who is really at the helm? Xiao Ma will analyze this for you!"
🔻📉【Crypto World Three Treasures - Hidden Momentum】
Bitcoin BTC
Current Price: $118,308
24H High: $118,792; Low: $115,796
Trend Analysis: Bitcoin found support at a low of 115.8k yesterday and rebounded all the way back above 118k, with an overall fluctuation of about 2.2%. Although it could not break through the 120k mark, under multiple favorable signals and a mix of short-term wait-and-see sentiment, it showed a pattern of 'steady rise, with minor pullbacks.'
Driving Factors:
The White House's digital asset report is released; although it does not include new details on Bitcoin reserves, it proposes clear recommendations for stablecoins and a compliance framework, boosting market confidence;
Market sentiment is cautious; retail traders are starting to increase short positions due to the dovish and hawkish signals from the FOMC meeting and the approach of August tariffs, creating a dual game.
Comment from Xiao Ma: "This wave of BTC is like a magic trick that turns the scene: it seems to rush up, then turns around and gives you a pullback; only those who are patient can reap the rewards."
Ethereum ETH
Current Price: $3,855
24H High: $3,856; Low: $3,677
Trend Analysis: ETH oscillated mainly in the 3.68k–3.86k range throughout the day, with profit-taking pressure increasing as it approached the high point, but supported by short-term buying, it stabilized around 3.8k, with an overall increase of about 4.8%.
Driving Factors:
ETF and DeFi linkage, Ethereum spot ETF continues to attract capital, DeFi ecosystem transaction fees and activity are recovering;
Network congestion is improving, short-term gas fees are decreasing, and the market expects further benefits from the Dencun upgrade.
Comment from Xiao Ma: "ETH is like a traveler crossing mountains; it’s a bit tiring to climb to the top, but the scenery is beautiful enough that who cares about a little dip?"
Binance Coin BNB
Current Price: $796
24H High: $810; Low: $766
Trend Analysis: BNB tested the high of 810 yesterday, but due to Binance's 15-minute deposit and withdrawal suspension causing short-term selling pressure, it eventually fell back to around $796, with an overall fluctuation of about 5.6%.
Driving Factors:
Platform event impact: Although Binance's short downtime for maintenance is routine, it has intensified market concerns about platform stability.
Comment from Xiao Ma: "BNB really took the lead this time: first rushing high to show up, then demonstrating 'how to pull back.'"
🌏🤝 Political and Economic Three Strikes: The Big Picture Sets the Direction
📣 1. White House Digital Asset Report Officially Released
Key Points: On July 30, the White House disclosed a 160-page report on 'Digital Financial Technology,' calling for the SEC, CFTC, IRS, and other agencies to quickly clear compliance barriers, clarify stablecoin issuance and accounting standards, and promote the realization of the 'golden age,' but did not provide new details on Bitcoin reserves.
Impact on the crypto world: The report provides institutional-level benefits, but the blank areas need to be observed for subsequent implementation, which may lead to short-term volatility; in the medium to long term, it lays the foundation for the development of compliant ETFs and stablecoins.
Comment from Xiao Ma: "This report is like a family photo, displayed for you to see, but there are still many empty seats—don’t just look at the cover, flip to the last few pages to find the Easter egg!"
📣 2. Hong Kong Stablecoin Regulatory New Rules Implemented
Key Points: The Hong Kong Monetary Authority's (Stablecoin Regulations) took effect on August 1, with capital, reserves, and AML guidelines published simultaneously, with the first batch of licenses expected to be issued early next year, and applicant institutions need to submit materials by August 31.
Impact on the crypto world: Hong Kong is expected to become the Asia-Pacific center for stablecoin issuance and clearing, with the Hong Kong dollar and US dollar stablecoins competing in parallel, leading projects and institutions to prepare in advance to seize opportunities.
Comment from Xiao Ma: "The Hong Kong government's operation this time can be described as 'seeking progress while maintaining stability.' They set the rules and also reserved a testing ground for you—whoever plays well can sit in the stablecoin C position."
📣 3. Federal Reserve FOMC Meeting: Doves and Hawks Coexist
Key Points: On July 30, the Federal Reserve maintained rates unchanged for the fifth consecutive time at 4.25%–4.50%, with 2 dissenting votes (Waller, Bowman), creating the highest divergence since 1993, with the statement remaining vague about when to cut rates.
Impact on the crypto world: Stable interest rates bring liquidity support, but internal divisions increase policy uncertainty, which may lead to amplified fluctuations in risk assets in the short term.
Comment from Xiao Ma: "This time the Federal Reserve is like playing Mahjong: clearly the hand looks good, but they refuse to show their cards, making you wait until dark."
📉🤯 Macro Barometer: Nasdaq · Gold · Crude Oil
Nasdaq Composite Index
On July 30, it closed at 21,098.29 points, with technology stocks and AI sectors leading the rise, as funds continue to chase high growth, overall risk appetite has increased.
Gold (XAU)
July 30, $3,277.51 per ounce, safe-haven demand weakened, gold prices slightly declined.
Brent Crude Oil
July 30, $72.59 per barrel, supply and demand stable, market concerns about OPEC+ increasing production are limited.
Comment from Xiao Ma: "The Nasdaq is smiling, gold and oil are squinting, but only the crypto world is dancing gracefully on the wind—will you follow or not?"
🎯 Xiao Ma's Investment Guide
BTC: Operate in the range of 117k–120k, light positions at 117k, increase bets when breaking 120k;
ETH: Fluctuating in the range of 3.68k–3.9k, watch for accumulation at 3.75k, if it stabilizes above 3.86k, look for 4k;
BNB: Range of 770–810, buying in batches at 780 on pullbacks, pay attention to 850 when breaking 810;
Theme Configuration: Stablecoin Licenses, Institutional ETF Inflows, Policy Implementation Progress;
Hedging Suggestions: 10%–15% in gold or high-grade stablecoins to guard against policy and sudden risks.
⚠ Risk Control Reminder
Report execution below expectations: Pay attention to the subsequent landing rhythm of the White House task force;
Policy and liquidity game: Internal divisions within the Federal Reserve may trigger short-term fluctuations;
Market sentiment changes quickly: Short-term hotspots switch rapidly, avoid heavy positions chasing highs.
🗯 Today's Crazy Talk
"When political and economic leaders take turns in the spotlight, the crypto world is secretly warming up backstage—don't be dazzled by the performance; the real climax is all in the on-chain data."
💬 The comments section is buzzing with questions
"How much incremental value do you think the Hong Kong stablecoin license can bring to the market? Which project is most worthy of attention?"
