7.27 Market Highlights:
1. Bitcoin liquidity shrinks, with the weekend continuing a typical narrow fluctuation. As the selling pressure from the 'ancient whale' ends, market sentiment gradually improves, but resistance at the upper integer level remains significant;
2. Ethereum volatility intensifies, with solid support around the 3500 point level. Following this trend, there is a high probability of a push towards the 4000 mark next week;
3. Stablecoin USDN's cumulative trading volume exceeds $1 billion;
4. Cathie Wood believes that the funding reallocations in the crypto market have shifted, with staked Ethereum flowing into DATs and related concept stocks;
5. NASDAQ-listed Bit Digital plans to expand its authorized capital to 1 billion shares of common stock, with fundraising intended for continued acquisition of Ethereum;
6. SharpLink transferred the 145 million USDC received yesterday to Galaxy, with market speculation that it may be used to increase their Ethereum holdings.
#BTC #ETH #bnb