Crypto Assets Market Update: Bitcoin Approaches $110,000, Ethereum Faces Key Resistance

Market Overview

The current market is facing multiple uncertainties. The direction of U.S. tariff policies remains unclear and may have a lagging impact on inflation. The Federal Reserve is seeking a balance between falling inflation expectations and price pressures in certain industries. Meanwhile, Hong Kong is about to implement regulations on stablecoins, and the market is responding positively, but the industry still faces multiple challenges.

The Crypto Assets market is at a critical stage of technical breakthrough. Bitcoin is facing resistance around $110,000, and analysts have differing views on its short-term trend. In the long term, some believe that the peak of this bull market may occur in September-October 2025. Ether is approaching the triangular resistance level of $2,630, and the market is watching for changes in trading volume to confirm the trend.

In terms of altcoins, Vertex announced its migration to the Ink network and the elimination of its native token, leading to a significant drop in VRTX. The competition among tokens within the Solana ecosystem remains intense, but related tokens have experienced a pullback. Notably, the $Lore token's popularity on social media has driven its market cap to exceed $2 million.

Key Data

• Bitcoin: $108,513 (Year-to-date +15.99%)
• Ethereum: $2,600.10 (Year-to-date -22.06%)
• Fear and Greed Index: 67 (Greed)
• Market Share: BTC 64.2%, ETH 9.3%
• 24-hour liquidation data: 59,563 people were liquidated, total amount of 121 million USD

ETF Capital Flow

• Bitcoin ETF: +$80.08 million, net inflow for 4 consecutive days
• Ethereum ETF: +$46,630,800, net inflow for 3 consecutive days

Market Hotspots

1. A well-known venture capital firm has liquidated its COMP holdings and transferred 400,000 COMP to the trading platform.

2. A stablecoin issuer holds $8 billion worth of gold in a secret vault in Switzerland.

3. A certain DEX announced the closure of its original platform and migration to a new Layer 2 network.

4. Global gold ETFs increased by $38 billion in the first half of the year, with an average daily trading volume reaching a record for the half year.

5. Multiple listed companies have increased their holdings of Ether or initiated related fund management strategies.

6. The stock price of a certain listed company in Hong Kong surged significantly after announcing a partnership with a stablecoin project.

7. "Yiwu merchants start accepting stablecoins" topped the hot search list.

8. The number of addresses holding a well-known token is about to exceed 1 million, and a token burning plan will be implemented at that time.

9. A publicly listed real estate company plans to establish a Bitcoin reserve through equity trading.

The market is in a complex environment intertwined with multiple factors, and investors need to closely monitor various indicators and news developments, carefully assessing risks and opportunities.