🔑 Open SHORT at price between $3.839 - $3.881 with X25 leverage.
🍒 Targets:
1️⃣ Close the order at the price $3.808 2️⃣ Close the order at the price $3.793 3️⃣ Close the order at the price $3.759 4️⃣ Close the order at the price $3.72 5️⃣ Close the order at the price $3.662
### July 17, 2025 Cryptocurrency Market Summary: Market Fluctuations and Opportunities
On July 17, the cryptocurrency market experienced high-level fluctuations, with Bitcoin (BTC) oscillating between $116,000 and $118,000, and Ethereum (ETH) breaking through $3,400, reaching a recent high. The review of three bills during the U.S. "Cryptocurrency Week" sparked heated discussions, with security issues and emerging project dynamics adding variables to the market. Below is a summary of the core events in the cryptocurrency world yesterday and investment insights.
Yesterday, Bitcoin's price peaked at $118,185 during the day, closing down at $116,500, a decline of about 2%. According to CoinGecko, the total market capitalization of cryptocurrencies is $3.92 trillion, with a daily drop of 1.35%. X user @hippo688 jokingly remarked that Bitcoin "seems unchanged," reflecting the complex market sentiment. The U.S. CPI exceeding expectations (2.7%) in June and massive whale sell-offs led to a pullback, but the Fear and Greed Index at 73 (Greed) indicates bullish sentiment. Ethereum broke through $3,400, with a rise of 3%, and its market capitalization exceeded strong performance, ranking 30th among global assets. X user @fn_intern exclaimed, "Long live E-Guardians," highlighting community enthusiasm. Layer-2 scaling and institutional fund inflows are driving the upward trend. Solana (SOL) stabilized at $160, while meme coin Pump.fun plummeted 18.6% to $0.005329, and BNB and XRP experienced minor fluctuations.
#### Regulatory Hotspots: Progress of U.S. "Cryptocurrency Week"
The U.S. "Cryptocurrency Week" has reached a climax, with the House passing the CLARITY, GENIUS, and anti-CBDC bills. CLARITY provides a regulatory framework for digital assets, GENIUS focuses on stablecoins, and the anti-CBDC bill limits CBDC monitoring risks. @BlockBeatsAsia reported that CLARITY and the anti-CBDC bill have been sent to the Senate, while GENIUS may be signed by Trump on July 18. There is a divergence in market views on regulatory prospects: clarification is favorable for institutional entry, but CNN expresses concerns about excessive regulatory risks. The SEC has postponed its decision on the Bitwise ETF physical redemption, increasing policy uncertainty.
#### Important Events: ETF Frenzy and Security Alarm
Bitcoin spot ETFs have seen net inflows for ten consecutive days, reaching a historical peak on July 16. Ethereum ETFs have experienced inflows for nine consecutive days, and ProShares XRP futures ETF will be launched on July 18, boosting XRP liquidity. A Chainalysis report indicated that over $2.17 billion in crypto assets were stolen in 2025, with the ByBit $150 million vulnerability incident standing out, and North Korean hacker activities surging, highlighting the need for vigilance regarding security issues.
Latest news! The U.S. Congress has made a big move, the "CLARITY Act" has passed the House of Representatives! Now it goes to the Senate.
In simple terms, this group of U.S. lawmakers has recently put together a bill regulating tech companies (the name is long, but roughly means "make tech companies behave themselves and not act recklessly").
If this thing really goes through, those big tech companies might not be able to just play with your data freely anymore, or they might have to use artificial intelligence according to the rules, what exactly will be regulated depends on how it turns out in the end.
So what's the current situation?
The House of Representatives has already given it the green light, now the big shots in the Senate need to continue the debate. Those who think this bill is good say: It's about time to regulate these tech companies, they mess around every day! Those who disagree criticize: If you regulate so much, how can there still be innovation? The government is reaching too far, blah blah blah 🙄
What do you brothers think about this bill?
If there are any particularly ridiculous or amazing aspects of this bill, feel free to add your insights if you have expertise.
Smart money suspected to have deposited 3000 ETH into centralized exchange possibly for selling
According to BlockBeats on-chain detective reports, on-chain analysts have monitored that since May 2023, smart money has profited $33.67 million from buying low and selling high in ETH, which is suspected to belong to Longling Capital. Three hours ago, this address deposited 3000 ETH into a centralized exchange (CEX), possibly to sell.
The last time this address deposited ETH into a trading platform was two months ago, and it still holds 85,896 ETH, valued at $260 million.
Join us at #BinanceTurns8 for the #BinanceTurns8 celebration event to share a prize of up to $888,888 worth of BNB! https://www.marketwebb.org/activity/binance-turns-8?ref=GRO_19600_1PB8Z
Have you all updated the #币安 App? A new feature for customizing the homepage has been launched, and various modules can be dragged around like building blocks, just like editing the home screen on an iPhone.
What's even more interesting is that the homepage will automatically recommend modules using AI based on my usual operating habits, it's simply a 'crypto workspace', and every time I open it, it has exactly the content I need, saving me a lot of time.
I set a new skin for the homepage, making it more exciting to place orders.
Profits exceed Adventure Island! Alpha's PORT3 is back with an airdrop! This time, multiple accounts can earn 500U+!
Good brothers, as long as a project is particularly popular in South Korea, you must get in on it! The previous project, Adventure Island, was particularly popular in South Korea, with an Alpha airdrop of over 600U. This time, the PORT3 airdrop project will definitely not be less! The total prize pool is 650,000 PORT3, to be distributed among 5,000 slots. The key point is that this project is zero-cost! Moreover, multiple wallets can participate together! The higher the points, the greater the rewards! After completion, the point rewards will be sent directly:
Complete and send Reward directly! Without further ado, let's get straight to the tutorial: 1. Open the PORT3 event official website and link your wallet:
Profits exceed Adventure Island! Alpha's PORT3 is back with an airdrop! This time, multiple accounts can earn 500U+!
Good brothers, as long as a project is particularly popular in South Korea, you must get in on it! The previous project, Adventure Island, was particularly popular in South Korea, with an Alpha airdrop of over 600U. This time, the PORT3 airdrop project will definitely not be less! The total prize pool is 650,000 PORT3, to be distributed among 5,000 slots. The key point is that this project is zero-cost! Moreover, multiple wallets can participate together! The higher the points, the greater the rewards! After completion, the point rewards will be sent directly:
Complete and send Reward directly! Without further ado, let's get straight to the tutorial: 1. Open the PORT3 event official website and link your wallet:
Alpha points today is 200 points, received an airdrop deducted 15 points, becoming 185 points, keeping the original trading volume unchanged, then after 15 days it will still be 185, is this the correct understanding, then how to play?
Airdrop intercepted? The points party worked in vain!
Brothers, I found something strange: those with high scores originally had a chance to receive rewards, but many are hoarding the qualifications without taking action, resulting in those who genuinely want to receive rewards being left out. It's either not enough points or they didn't even get a lucky airdrop.
What's even more outrageous is that the qualifications ultimately ended up with those who 'take and leave', causing those who diligently completed tasks to end up with nothing, not even a bit of 'scrap'. With the situation so chaotic, how can it be managed?
In summary: lack of unity, lack of transparency, rules being exploited, and those who work hard end up as mere extras. Airdrops have become a joke, and effort has become a mere decoration!
#加密圆桌会议要点 In recent days, major events have been happening in the crypto space. The recently concluded crypto roundtable meeting was intense and packed with information. Key points for everyone: 1. Will Bitcoin ETF drive a new bull market? Mainstream institutions are returning with strong bullish voices, with some predicting that BTC will reach $150,000 within the year. BlackRock executives have stated: We are just getting started with our positioning. 2. Solana vs Ethereum: The next dominant player? The controversy still revolves around performance and ecosystem. The Solana camp claims, "Speed determines the future," while the Ethereum faction counters, "Don't forget that security and decentralization are the soul." 3. DeFi's way out under regulatory shadows The SEC in the U.S. has been quite active, but this has allowed many Asian projects to welcome a "policy dividend period." Experts suggest: Shifting focus to Singapore and Hong Kong is a wise move. 4. AI + Blockchain = New species? This roundtable featured many projects showcasing new models that combine "AI and blockchain," such as voice contracts, smart investment advisors, and on-chain training. These were the most eye-catching but also the most questioned: Is it just a concept hype or real innovation? 5. Stablecoin competition heats up Is the status of the USD stablecoin in jeopardy? Beyond USDT and USDC, new players like PayPal USD and EU stablecoins are quietly eating into the market, making de-dollarization a hot topic.
In summary: The crypto space is transitioning from the "narrative era" to "application supremacy." Those who can survive the next wave of regulation + technology + macro trends will be the true winners.
#加密圆桌会议要点 In recent days, major events have been happening in the crypto space. The recently concluded crypto roundtable meeting was intense and packed with information. Key points for everyone: 1. Will Bitcoin ETF drive a new bull market? Mainstream institutions are returning with strong bullish voices, with some predicting that BTC will reach $150,000 within the year. BlackRock executives have stated: We are just getting started with our positioning. 2. Solana vs Ethereum: The next dominant player? The controversy still revolves around performance and ecosystem. The Solana camp claims, "Speed determines the future," while the Ethereum faction counters, "Don't forget that security and decentralization are the soul." 3. DeFi's way out under regulatory shadows The SEC in the U.S. has been quite active, but this has allowed many Asian projects to welcome a "policy dividend period." Experts suggest: Shifting focus to Singapore and Hong Kong is a wise move. 4. AI + Blockchain = New species? This roundtable featured many projects showcasing new models that combine "AI and blockchain," such as voice contracts, smart investment advisors, and on-chain training. These were the most eye-catching but also the most questioned: Is it just a concept hype or real innovation? 5. Stablecoin competition heats up Is the status of the USD stablecoin in jeopardy? Beyond USDT and USDC, new players like PayPal USD and EU stablecoins are quietly eating into the market, making de-dollarization a hot topic.
In summary: The crypto space is transitioning from the "narrative era" to "application supremacy." Those who can survive the next wave of regulation + technology + macro trends will be the true winners.
Zora airdropped, check it out yourself if you participated 😂😂😂 It is said to be 10 billion tokens, probably not even worth 0.1u each 😂😂😂 probably a loss, after a few years, can we recover the gas fees? 🌿🌿🌿Brothers, it's getting harder to farm now 😜😜😜 $ZK