晨光BTC
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After several days of policy bombardment and market fluctuations, the market finally enters a relatively calm state today. However, behind the 'surface calm' lie several signals that are worth being vigilant and attentive to.
Market Overview: Mainstream coins are flat, capital flow is shrinking
BTC: Maintains fluctuations in the range of $116,500~$118,000, with shrinking volume and silent institutional buying.
ETH: Performs steadily after the tenth anniversary celebration, with no significant breakthroughs.
BNB: After reaching a historical high yesterday, it slightly corrected but remains strong.
SOL, SUI, ENA: Some capital is circulating among 'pseudo-altcoin blue chips', but overall enthusiasm is insufficient and the market is weak.
📉 The altcoin sector continues to be sluggish; the anticipated 'altcoin season' has yet to heat up, and instead, the 'altcoin spillover' has intensified capital differentiation and internal market consumption.
Market Focus: Policy vacuum period and 'consensus stagnation'
1⃣ The heat of the White House policy report fades
The digital asset report from the White House released on July 30 sparked a day of heated discussion, but due to the lack of a 'substantial buying plan' and a clear legislative timeline, market feedback has been tepid.
2⃣ Expectations for stable FOMC interest rates strengthen
As the August interest rate meeting approaches, current market expectations suggest that the Federal Reserve will maintain the current interest rate level, with limited impact on short-term liquidity release in the crypto market.
3⃣ Increased caution from the funding side
The decline in the number of active wallets on the blockchain and weakened trading depth indicate that 'offshore funds' are cautious about current pricing, and institutions have no new actions in the short term.
Hot Project Scan:
$PYTH: As the scenarios for data oracles increase, the community's call for its 'off-chain financial integration capability' is rising, but the Token's performance has still not escaped the doldrums.
$ONDO: Although the RWA sector has received policy mention, the project has yet to show 'actual asset on-chain progress', remaining mostly narrative trading in the short term.
$TRX / Tron Ecosystem: Affected by Binance's addition of TRON spot trading pairs, it saw a slight rebound, but is highly reliant on 'Justin Sun's topic heat', with no new variables in the fundamentals.
The MEME sector is overall silent: no new memes, no funds, no consensus, with PEPE, TURBO, etc. collectively consolidating.
The closing day of the crypto circle in July had no fireworks and no blood rain. But if you are a trend follower, you should know that the real direction often begins to change from the most boring day.
Keep a calm mindset and save your bullets; the next breakout point might be at the start of August.
Market Overview: Mainstream coins are flat, capital flow is shrinking
BTC: Maintains fluctuations in the range of $116,500~$118,000, with shrinking volume and silent institutional buying.
ETH: Performs steadily after the tenth anniversary celebration, with no significant breakthroughs.
BNB: After reaching a historical high yesterday, it slightly corrected but remains strong.
SOL, SUI, ENA: Some capital is circulating among 'pseudo-altcoin blue chips', but overall enthusiasm is insufficient and the market is weak.
📉 The altcoin sector continues to be sluggish; the anticipated 'altcoin season' has yet to heat up, and instead, the 'altcoin spillover' has intensified capital differentiation and internal market consumption.
Market Focus: Policy vacuum period and 'consensus stagnation'
1⃣ The heat of the White House policy report fades
The digital asset report from the White House released on July 30 sparked a day of heated discussion, but due to the lack of a 'substantial buying plan' and a clear legislative timeline, market feedback has been tepid.
2⃣ Expectations for stable FOMC interest rates strengthen
As the August interest rate meeting approaches, current market expectations suggest that the Federal Reserve will maintain the current interest rate level, with limited impact on short-term liquidity release in the crypto market.
3⃣ Increased caution from the funding side
The decline in the number of active wallets on the blockchain and weakened trading depth indicate that 'offshore funds' are cautious about current pricing, and institutions have no new actions in the short term.
Hot Project Scan:
$PYTH: As the scenarios for data oracles increase, the community's call for its 'off-chain financial integration capability' is rising, but the Token's performance has still not escaped the doldrums.
$ONDO: Although the RWA sector has received policy mention, the project has yet to show 'actual asset on-chain progress', remaining mostly narrative trading in the short term.
$TRX / Tron Ecosystem: Affected by Binance's addition of TRON spot trading pairs, it saw a slight rebound, but is highly reliant on 'Justin Sun's topic heat', with no new variables in the fundamentals.
The MEME sector is overall silent: no new memes, no funds, no consensus, with PEPE, TURBO, etc. collectively consolidating.
The closing day of the crypto circle in July had no fireworks and no blood rain. But if you are a trend follower, you should know that the real direction often begins to change from the most boring day.
Keep a calm mindset and save your bullets; the next breakout point might be at the start of August.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
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