Last night, U.S. stocks surged. Trump’s media group raised $2.5 billion with plans to accumulate Bitcoin in the future. SharPlink secured $400 million to stockpile Ethereum. Square has enabled all its payment terminals to accept Bitcoin payments. Despite these bullish developments, Bitcoin failed to reach a new high, and Ethereum only briefly touched its two-week peak.

This suggests that market sentiment is weakening — a signal that shouldn’t be ignored. The next potential catalyst lies in whether the U.S. can finalize agreements with India, Japan, or the EU. If that happens, it may give sentiment a final boost, though by then, expectations may already be fully priced in.

As it stands, the rally that began in mid-April seems to have played out for the most part, though it’s not yet over. We may be closer to the end, but the move hasn’t completely exhausted itself. Attention now turns to whether U.S.-India, U.S.-Japan, or U.S.-EU trade deals can be reached in the next two weeks to fully price tariff negotiation optimism.

Bull Market Top Signals Checklist

三、Market Highlights

⚠️ Reminder: Meme tokens are very volatile and not backed by fundamentals. Prices are driven by sentiment and may drop to zero. Please stay rational and assess your own risk before investing.

Daily Alpha

A major whale has once again accumulated $10 million worth of AAVE, with unrealized gains on the total position nearing $30 million.

The SEC has initiated further review proceedings for WisdomTree’s spot XRP ETF application.

The Bitcoin 2025 Conference has officially opened, featuring speeches from Donald Trump Jr. and David Sacks on the first day.

Circle has spent approximately $99.8 million to acquire RWA issuer Hashnote.

Metaplanet’s share price has risen over 20% in the past five days, pushing its market cap to $4.53 billion.

On-Chain Trends

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HYPE Is it true that someone transferred 3,000 ETH to A8? How can you participate in Hyperliquid’s wealth effect?

It has been two months since the $JELLYJELLY incident. The Hyperliquid platform token $HYPE has not only hit an all-time high but has also gained wide attention due to James Wynn. Beyond $HYPE and James Wynn, another aspect of Hyperliquid is quietly developing—their their Layer 1 HyperEVM. Read more 👉 https://www.theblockbeats.info/news/58350

•

Solana Over the past week, only a few Meme projects on-chain have stood out as hotspots. However, the overall sector heat has clearly cooled, with most projects falling silent and community discussions gradually fading. Market sentiment has become more subdued.

•

Web 2IP: Labubu Achieved 40x returns in one month. How did retail investors capture the $LABUBU opportunity? | 100x Review Read more 👉 https://www.theblockbeats.info/news/58350

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BSC In contrast, BSC saw a new wave of single-letter Meme tokens sparked by the launch of the $USD1 trading pair. Among them, $B surged strongly, igniting market sentiment and driving related projects like $CA and $USD1DOGE to take turns performing, injecting a bright spot into the otherwise sluggish market.

Daily report

2025-07-30 Report

📅 July 30, 2025｜Crypto Research Brief

⛱️ Before We Begin

Cryptocurrencies involve uncertainty and risk. You may lose your entire principal.

This report is for sharing purposes only and does not constitute investment advice. Please make investment decisions rationally.

一、Indicators

📊The Market

Currencies: 17,822

Exchanges: 1,331

Total Market Cap: US$390 B 4.6%📉

24-Hour Trading Volume: US$146 B

BTC 59.6% ETH 11.7%

Gas: 1.4 GWEI

Altcoin Season Index: 41

Fear & Greed Index:73

（Data sourced from CoinGecko）

🧭Stablecoin Metrics

Market Cap of USD-Pegged Stablecoins: $262 B

🔥Liquidation Map

二、SEC&ETF&Policy & Macro Analysis

BTC ETF

ETH ETF

🏙️Macroeconomic Overview

Bitcoin Recent Market Analysis Summary:

Reasons for Price Volatility:

Mainly influenced by investors’ risk-off sentiment.

Recently also affected by fluctuations in China-US trade relations, particularly strong statements from US officials Bassett and Trump regarding China’s tariff policies. Bassett emphasized that increasing pressure on China is crucial, while Trump expressed dissatisfaction with China’s continued purchase of Russian oil.

Macroeconomic Factors:

The ADP employment data will be released on Wednesday. If the data is strong, it indicates a healthy US labor market and strong economic resilience, which reduces the likelihood of a Fed rate cut in September.

A rate cut in July is now almost off the table. The market’s focus has shifted to whether Powell will turn dovish in September, with the ADP data potentially influencing his stance.

On-Chain and Market Sentiment Observations:

Turnover rate has slightly increased during the workweek, but mainly among investors with positions costing over $100,000, reflecting concerns over renewed China-US trade tensions and the Fed’s hawkish stance.

The FOMO (fear of missing out) sentiment has clearly diminished, buying momentum has decreased, but selling pressure is also easing, putting the market in a balanced state of reduced buying and selling.

Technical and Risk Points:

Overall support levels remain stable.

However, the unfilled $112,000 URPD gap still poses a potential risk.

Overall Viewpoint: The market currently faces many uncertainties with frequent data releases and policy announcements, so cautious trading is advised. I personally lean toward expecting Powell to deliver a dovish signal in September to ease pressure, but ongoing attention to upcoming data and speeches is essential.

Learn More

三、Market Highlights

⚠️ Reminder: Meme tokens are very volatile and not backed by fundamentals. Prices are driven by sentiment and may drop to zero. Please stay rational and assess your own risk before investing.

📰Daily Market Insights

Linea Announces Tokenomics: Total Supply of approximately 72 billion tokens, with 9% Allocated for Early User Airdrop

2.Ethereum celebrates its tenth anniversary today, having grown from $0.3 to become the world’s 28th largest asset.

3.Ethereum 10th Anniversary Torch Commemorative NFT Free Minting is Now Open

4.The SEC Approves Bitcoin and Ethereum ETF Physical Redemption Mechanism