On July 3rd, Bitcoin experienced a significant recovery, breaking through the 110,000 dollar mark. According to HT Markets, it is currently valued at approximately 110,039 dollars. This marks a substantial increase of 2.28% in Bitcoin's price over the past 24 hours, reflecting renewed investor confidence in this leading cryptocurrency. This upward momentum highlights Bitcoin's resilience in market volatility and underscores its ongoing appeal as a digital asset. Market participants should closely monitor this trend, as continued breakthroughs of this key price point could impact the broader dynamics of the cryptocurrency market.
On July 3rd, a notable transaction was recorded involving a developer from the Ethereum Foundation, who transferred 1,000 ETH valued at approximately $2.6 million to a wallet that begins with 0xc061. The address currently holds 15,000 ETH, worth nearly $39 million. Such transfers highlight the ongoing asset reconfiguration within the Ethereum ecosystem, reflecting the strategic liquidity management of key stakeholders. Monitoring these significant changes can provide valuable insights into the operational activities of foundation entities and may influence market sentiment regarding the health of the Ethereum network and institutional participation.
Driven by institutional investor interest, enhanced blockchain usability, and regulatory improvements, the Ethereum ETF market is entering a phase of accelerated growth. Bitwise expects $10 billion in inflows in the second half of 2025, reflecting a significant shift in investor sentiment. As corporate initiatives such as Robinhood's Layer-2 launch and Bit Digital's funding investments strengthen Ethereum's value proposition, the asset is solidifying its position in traditional finance. Ongoing clarity in regulation is crucial to maintaining this momentum, making the Ethereum ETF an increasingly attractive option in diversified portfolios.
BlockBeats News, on July 3rd, according to on-chain analyst Ai Yi (@ai_9684xtpa), a certain ETH band whale cleared 4153.8 ETH (approximately 10.57 million USD) 8 hours ago, realizing a profit of 522,000 USD again. This whale built its position at an average price of 2419.48 USD at a low on June 21st, completing another round of buying low and selling high. #币圈
BlockBeats News, July 2, according to Alternative data, today's Crypto Fear and Greed Index is 63, down from 64 yesterday (last week's average was 66), and market sentiment remains in a state of "Greed". Note: The Fear Index threshold is 0-100, including indicators: Volatility (25%) + Market Trading Volume (25%) + Social Media Popularity (15%) + Market Surveys (15%) + Bitcoin's Share of the Overall Market (10%) + Google Trends Analysis (10%).
The US dollar index has fallen sharply, with a decline of over 10% in the first half of the year. This devaluation has led to significant fluctuations in the cryptocurrency market, particularly affecting the price trend of Bitcoin. Market analysts believe that Bitcoin may face downward pressure and could potentially fall below the $100,000 mark in the short term. These fluctuations are influenced by macroeconomic factors, including changes in monetary policy and investor sentiment towards risk assets. Traders and institutional investors are advised to closely monitor currency fluctuations, as these fluctuations could have a significant impact on cryptocurrency valuations and portfolio strategies. Being keenly aware of these trends is crucial for accurately navigating the ever-changing landscape of digital assets.
Ethereum has formed a significant double bottom pattern around $2,495, which is a bullish signal that highlights the technical resilience of the asset. The daily trading volume has significantly enhanced this pattern, with the one-hour chart showing a volume exceeding 158,000 ETH. The price remains above $2,500, solidifying this area as a key demand zone, attracting buyers and supporting upward momentum. COINOTAG's market observers emphasize that this surge in volume, combined with RSI pressure, creates a fertile environment for sustained price increases.
BlockBeats news, on July 1, according to Lookonchain monitoring, 3 months ago, a wallet address starting with 0x17E0 (most likely belonging to a hacker) received 12,282 ETH (approximately 23.72 million USD) from THORChain and Chainflip, and sold it at that time for 1,932 USD each.
30 minutes ago, it repurchased 4,958 ETH (approximately 12.37 million USD) at a price of 2,495 USD each.
Bitcoin BTC dances alone, altcoins lie dormant: Is a rebound brewing?
Do you remember the last altcoin bull market? The frenzy of getting rich overnight, sharing profit charts in friend circles, and the clamor for 'financial freedom' still leaves a deep impression. But over the past two years, the altcoin market has fallen into silence, leading many to question whether this wealth-building game has quietly come to an end. However, recently, a noteworthy signal is quietly emerging: funds seem to be slowly shifting from Bitcoin to altcoins.
Although altcoins still appear sluggish on the surface, it is precisely this extreme state of calm that may be nurturing a significant rebound.
Cryptocurrency investors should closely monitor the upcoming U.S. economic indicators to be released this week, as they are highly likely to trigger price fluctuations in Bitcoin (BTC). Labor market data, including the May JOLTS report, June ADP employment data, and Non-Farm Payroll (NFP) data, has a particularly significant impact on market sentiment. These reports can provide insight into the health of the U.S. economy and the Federal Reserve's future monetary policy stance, thereby affecting the appeal of Bitcoin as an alternative asset. #币圈
lockBeats news, on June 30, according to Decrypt, the market is focusing on this week's global macro events, including the European Central Bank's annual policy forum and Federal Reserve Chairman Powell's appearance on Tuesday. Although Bitcoin's price trend remains relatively stable, signals released from the derivatives and on-chain markets indicate that market volatility may soon return. Traders are closely watching changes in major central banks' policy statements, which could affect the overall risk appetite in both crypto and traditional markets. Analyst Axel Adler Jr. stated that whales are transferring large amounts of funds to centralized exchanges, a pattern that, combined with declining exchange reserves and weakening inflows of stablecoins, usually signals that the market is about to experience severe volatility. As long as Bitcoin holds above $108,000, the basic scenario is a continued rise, with a target at $112,000.
Bitcoin BTC Breaks $106,000, Flashing Double Top: FVG Indicates a Major Collapse is Imminent!
After the Bitcoin price dipped below $100,000 over the weekend, it rebounded by 10%, reclaiming $106,000 again. This is a delightful development as it provides some breathing room for altcoins that have seen significant declines. However, due to the emergence of the double top pattern and the Fair Value Gap (FVG) near the weekend low that is expected to be filled, this upward momentum may not last long.
Bitcoin completes a liquidity sweep, forming a double top. After Bitcoin's price broke through $106,000, cryptocurrency analyst Louigi pointed out that the digital asset may have formed a double top, which is bearish for cryptocurrencies. Meanwhile, the Buy Side Liquidity Sweet has completed, and the market is determining a new direction.
Ethereum ETH Price Soars Above $2,500 – But Is a Pullback Coming?
Recently, in the last week of June, Ethereum's price saw a strong increase, decisively breaking through and retesting the key $2,500 level. This upward trend reflects the significant price movement of the ETH cryptocurrency, driven by various factors indicating strong bullish sentiment, but as ETH begins to consolidate in the $2400 to $2500 range, warnings of potential short-term volatility have also emerged. Even renowned analyst Degen Hardy cautiously pointed out that as long as ETH remains above $2,400, he will continue to hold long positions. He believes that if ETH drops below $2,400 in the short term, it would indicate that bulls struggle to reclaim the untested weekly highs.
【June 27 Options Expiration Data】 139,000 BTC options expired, Put Call Ratio is 0.75, maximum pain point at $102,000, notional value of $15 billion. 939,000 ETH options expired, Put Call Ratio is 0.52, maximum pain point at $2,200, notional value of $2.29 billion. Today marks the mid-year quarterly expiration, with over $17 billion in options expiring, accounting for more than 30% of the current total open interest. Due to a large number of options expiring, there have been significant bullish trades in the last couple of days, with $1.4 billion in retail bullish trades in the last 24 hours, almost all of which are rollovers. From the main options data, in terms of implied volatility, BTC's IV remains low, with medium to short-term IV fully below 35%. ETH's IV has slightly retreated but is still close to 65%. Recently, 30% IV has persisted for several days, providing considerable scope for cross-asset volatility strategy operations.
The flight situation in the past couple of days has been a bit dull, really lacking excitement, with no points of interest at all. Currently, the flight situation is in a state of tension; although it hasn't broken through yet, the overall trend is under pressure and retracing. It just depends on when it will make a move. Therefore, we are still looking for a retracement on the Silk Road, and some positions can continue to be held. We will see if there can be any progress today. All good things will come as scheduled!
Coinbase CEO Brian Armstrong publicly announced that they purchase Bitcoin every week, reaffirming his bullish stance on the world's largest cryptocurrency. This statement was made as Coinbase's stock price hit a historic high of $375.07, surpassing the record set in November 2021, and was announced on X (formerly Twitter). This remark indicates that Armstrong and his company firmly believe that Bitcoin is a long-term store of value. Armstrong has repeatedly stated that Bitcoin's price could one day reach millions of dollars. Armstrong also mentioned that countries will soon start incorporating Bitcoin into their balance sheets, a shift that could redefine global demand and make the asset a participant in world politics. Some consider this overly speculative, but others point out that countries like El Salvador and the Central African Republic have already taken steps in this direction. Whether symbolic or strategic, Armstrong's ongoing purchases of Bitcoin reflect a growing trend among cryptocurrency leaders and institutional investors who view BTC as a tool for hedging against inflation, currency volatility, and systemic risk.
Whales Have Accumulated $915 Million in XRP – Can Retail Catch Up, and If So, What Will the Price...?
When retail traders exit, the largest holders of Ripple [XRP] are stepping in. In just one week, whale wallets have accumulated over $915 million worth of XRP, making it one of the most aggressive buying trends in recent months. Meanwhile, the activity of new users has dropped to its lowest level in two months, highlighting the growing fatigue among retail participants. Are these whales anticipating a significant change, or do they just want to take on high risks? As the crowd waits, the whales begin to act. XRP whales seem unaffected by the recent market turbulence.
CryptoQuant analyst Axel recently emphasized a significant trend in the Bitcoin market dynamics during the current bull market. Data shows that long-term holders (LTH) have been steadily accumulating Bitcoin before a substantial price increase. Historically, this pattern first appeared around $28,000, when the ratio of LTH to short-term holders (STH) continued to rise, followed by a price surge to $60,000. The second notable accumulation phase occurred during the consolidation period near $60,000, laying the groundwork for Bitcoin's next rise to $100,000. Currently, at the critical threshold of $100,000, the LTH/STH ratio continues to climb, indicating that the accumulation phase could persist for another 4 to 8 weeks. This behavior aligns with previous cycles, reinforcing the likelihood of a strong upward trend. Applying a conservative multiplier of 1.6 to this pattern, market predictions for Bitcoin's next significant price target are around $160,000. These insights underscore the importance of monitoring the composition of holders as a key indicator of future price movements in the cryptocurrency market.