#加密市场回调 Institutions and Analysts' Opinion Summary

Large media Barron’s pointed out that the recent correction of #比特币 and #以太坊 was mainly due to weakened expectations for a Federal Reserve interest rate cut and the Treasury Department's statement not to expand Bitcoin reserves, which dampened market risk appetite.

The Economic Times of India believes that $BTC 's decline of nearly 4% reflects that the market is in a 'consolidation phase', with investors seemingly digesting macro pressures and waiting for a new trend direction.

Analyst Benjamin Cowen expects Bitcoin to retest its bull market support range in September, with the current adjustment likely to last 2–4 weeks.

Cointelegraph pointed out that some buying power is shifting from Bitcoin to Ethereum and other altcoins, which may indicate weak buying for Bitcoin while the token market is set for rotation.

Benzinga reports that spot #以太坊ETF saw net inflows exceeding $639 million, with #比特币ETF also recording net inflows, and a large buy wall forming support around $117K. Analysts say this correction is just a 'short-term breather' and not a trend reversal.

Ethereum Positioning and Future Expectations

CryptoQuant analyst Crypto Dan warned that ETH may face short-term corrections after a rapid rise, but the long-term trend remains optimistic.

vTrader quoted analysts stating that Ethereum has strong demand support and is expected to challenge $5,000 in August.

IndiaTimes pointed out that Ethereum has performed exceptionally well recently, with a bullish technical outlook; some even predict its long-term price could surge towards $8,000, especially driven by new projects like Remittix.

Market Sentiment and Cycle Outlook

Miles Deutscher believes that we are currently in the 'final stage' of the bull market cycle, where typically 80% of returns are concentrated in the final 20% phase, suggesting there is still significant structural space.

Community analyst Leshka.eth stated on X that August could become the peak window of this bull market cycle, aligning with market psychology cycle node layouts.

Investment Giants and Macroeconomic Support

Tom Lee believes that U.S. stocks will continue to V-shaped rebound, reflecting market resilience, with high expectations for an interest rate cut in September. He is optimistic about $ETH 's long-term opportunities, predicting a breakthrough of $10,000 by the end of the year.

Business Insider reported that Ethereum has risen 54% stronger than Bitcoin, mainly due to breakthroughs in stablecoin regulations (GENIUS Act) and institutional ETF inflows.