Crypto Market Trend Analysis: Data-Driven Signs of a Bull Run

Market Overview

Recently, the market has been influenced by multiple factors. On one hand, the tariff policy announced by Trump has caused market fluctuations, driving up the prices of safe-haven assets; on the other hand, strong employment data and potential inflationary pressures have made the market uncertain about the direction of Federal Reserve policies. In addition, the CPI data to be released this week and the "crypto week" in the U.S. Congress are also receiving significant attention and may have a major impact on the market.

In Hong Kong, the regulation of digital assets is gradually advancing. Industry insiders believe that Hong Kong's measures in stablecoins and asset tokenization are expected to achieve a balance between innovation and stability, but still face many challenges. In the long run, ETFs and commodity tokenization are expected to attract capital inflows, but further improvement of the legal framework is needed.

Crypto market performance

Bitcoin has broken through the 120,000 USD mark, setting a new high. Analysts believe that the next target range is between 135,000 and 140,000 USD, but caution is needed regarding potential pullback risks. Solana has performed well, with a 30-day increase of 12.87%, and analysts expect it to challenge the 300 USD mark.

The altcoin and meme coin market is highly volatile, showcasing a high degree of speculation. The NFT market has risen sharply, with the "avatar change craze" triggered by Pudgy Penguins leading to a surge in trading volume for related projects.

Key Data

• Bitcoin price: $121,974( Year-to-date +30.75%)
• Ethereum Price: $3,048.51 ( Year-to-date -8.76% )
• Fear and Greed Index:75( Greed )
• Market Share: BTC 63.6%, ETH 9.7%
• 24-hour liquidation data: 119,500 people liquidated globally, total amount 684 million USD

ETF Fund Flows

• Bitcoin ETF: +$1.03 billion, net inflow for 7 consecutive days
• Ethereum ETF: +205 million USD, net inflow for 6 consecutive days

Recent Important Events

1. The U.S. House Financial Services Committee reviews multiple encryption bills during "Crypto Week".
2. The US June CPI data is about to be released.
3. Starknet(STRK) will unlock approximately 127 million tokens.
4. Tokens such as TRUMP, ARB, SEI are about to experience large unlocks.

Industry Trends

1. The Czech central bank has included a certain trading platform in its investment portfolio.
2. Public company Davis Commodities is considering allocating 5-10% of its funds to SOL.
3. The NFT trading volume increased by 20.67% month-on-month, reaching 122.6 million USD.
4. Multiple listed companies increase their holdings of Bitcoin and related encryption assets.

Overall, the crypto market shows a positive trend, but it is still necessary to closely monitor regulatory developments and macroeconomic data. Investors should remain cautious and manage risks effectively.