2025-06-04

📅 June 04, 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: [17,210]
Exchanges: [1,276]
Total Market Cap: [US$3.561T 1.5%]
24-Hour Trading Volume: [US$122.567 B]
Market Dominance:
[BTC 60.9%ETH 8.97%]
Gas: 0.87 GWEI
Fear & Greed Index:[68]
(Data sourced from CoinGecko👉https://www.coingecko.com/)
Stablecoin Metrics
Market Cap of USD-Pegged Stablecoins: $251.4 B
Liquidation Map
二、SEC&ETF&Policy & Macro Analysis
BTC ETF
ETH ETF
Macroeconomic Overview
The Fear & Greed Index has dropped to 64. In a bull market, when this value approaches 40, it often signals a strong short-term entry point.Meanwhile, ETF data is showing some notable changes: Over the past 3 days, Bitcoin ETFs have seen net outflows, with BlackRock reportedly selling some of its holdings.On the other hand, Ethereum ETFs are experiencing consistent net inflows.While the inflow volume isn’t large yet, it does mark a positive trend and a potential shift in market sentiment toward ETH.
Indicator Analysis – June 4, 2025
Percentage of coins held >1 year: 62.2% (Below 55% indicates a high-risk zone)
Ahr999X Index: 2.88 (>9 indicates DCA zone; <0.4 indicates market top)
Bitcoin Dominance: 64.03% (Near 40% typically signals a market top)
Fear & Greed Index: 64 (Near 100 indicates high risk; below 10 indicates a bottom-buy zone)
Bitcoin Rainbow Chart: HODL! (Orange-red indicates high risk; dark blue indicates accumulation zone)
PI Cycle Indicator Cross Distance: Very far (“Cross” typically signals a bull market top)
RHODL Ratio: 3115 (>10,000 suggests a top; <300 indicates a strong bottom-buy zone)
Jiang Zhuoer’s 60-day BTC Gain: 25.8% (>80% signals short-term bubble risk)
RSI (Relative Strength Index): 70.08 (<45 indicates accumulation; >85 signals a possible top)
Altcoin Season Index: 22 (<25 = undervalued zone; >75 = bubble zone)
Bitcoin ETF Net Flow (USD million): -267.5
Ethereum ETF Net Flow (USD million): 78.2
DCA / Take-Profit Index: Hold Zone (Ranges: Accumulation / DCA / Hold / Take Profit / Market Top)
Daily BTC Trend: Uptrend (Options: Uptrend / Downtrend)
Bull Market Exit Countdown: 105 days remaining
Source: Bull Market Exit Guide
The End of the VC-Era Foundation Model
Venture capital giant a16z just published a powerful piece calling for the end of the “foundation era” in crypto — and the timing couldn’t be better.It’s time to move beyond outdated structures and build new systems with better incentives, accountability, and scalability.
Today, foundation employees and board members often receive high salaries without delivering meaningful work. Worse, they’re nearly impossible to fire and face little to no consequences — even when they underperform or actively harm the project.This is one of the core ethical dilemmas in crypto today:Once a token is launched and listed on major exchanges, many founding teams lose the motivation to keep building. There’s little accountability — rugging, ghosting, or simply coasting becomes normalized.
Full article:👉https://a16zcrypto.com/posts/article/end-foundation-era-crypto/
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
1.TRUMP Team-Associated Address Deposits 4.16M TRUMP to CEX, Valued at Approximately $46.97M
2South Korean Media: Lee Jae-myung Elected President of South Korea
3.Trump’s Social Media Platform Truth Social Submits Bitcoin ETF Application
4.Ethereum Co-founder: Currently in Talks with a Sovereign Wealth Fund of a Certain “Major Country” for a Collaborative Project Based on Ethereum
5.Trump’s Son: Market’s New TRUMP Wallet Launch Unrelated to Trump Organization, WLFI to Release Official Wallet
On-Chain Trends
Binance Alpha’s Bull Run
This week’s bull run belongs solely to Binance Alpha. On BNB Chain, it feels like “a spring breeze came overnight, and thousands of meme tokens bloomed.” The explosive rally was led by ​**$BOB**​, the first mover to break out.
$BOB was the pioneer who “ate the crab” first.And it’s only the beginning — ​**$Ghibli​, ​$TAT​, ​$BNBXBT**​, and $QUA are following closely. With market caps in the hundreds of thousands, just a small push in volume is enough to send them skyrocketing onto the trending list. A few multiples of gain is no longer a dream.The key is, now everyone understands the playbook:Alpha exposure → team accumulation → trending pump → retail FOMO in.
Beyond Binance Alpha: What’s the next wealth playbook?
What other trending tokens on the BNB Chain are quietly attracting capital inflows? How can retail investors leverage USD1 and the liquidity waves created by Binance Alpha to seize new opportunities?This article breaks down the BNB Chain wealth meta to help you discover the next big move.
Read more 👉 https://www.theblockbeats.info/news/58443
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:
1.
Reasons for Price Volatility:
1.
Mainly influenced by investors’ risk-off sentiment.
2.
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.
2.
Macroeconomic Factors:
1.
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.
2.
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.
3.
On-Chain and Market Sentiment Observations:
1.
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.
2.
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.
4.
Technical and Risk Points:
1.
Overall support levels remain stable.
2.
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
1.
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
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