The current crypto assets market is showing a new pattern, characterized primarily by institutional funds dominating the market direction. In this environment, mainstream tokens receive more attention, while niche coins are more speculative, making it more difficult for retail investors to profit.



Overall, the market trading volume has seen a significant decline, with the trading volume of Bitcoin and Ethereum decreasing by 73% and 50% respectively. However, the emerging public chain SUI has shown an upward trend against the tide, becoming a highlight in the market.

Institutional funds continue to flow into the crypto market, with Bitcoin seen as a hedge against systemic risks. It's worth noting that regions like Hong Kong are intensifying efforts to promote crypto assets, while the coin-stock linkage model is gradually becoming a new market hotspot. Some analysts believe that this bull market may break traditional cyclical patterns, but they also remind investors to be wary of the risks associated with overly emotional trading.

In terms of major crypto assets, Bitcoin may see a rebound in the short term, but a lack of liquidity over the weekend could trigger significant volatility. Currently, spot ETF holdings account for more than 6% of Bitcoin's total supply, indicating strong institutional support. If it breaks through the $120,000 level, the price of Bitcoin may accelerate upwards. Meanwhile, the market is also closely watching the impact of Ethereum's breakout on overall market sentiment.

On the Ethereum front, its price has broken through the triangle consolidation range of the past 4 years, with spot ETFs continuing to flow in (accounting for 4.5% of the total supply), and the open interest reaching a new high of 2.45 billion dollars. Although a pullback may occur in the short term, the overall trend remains strong, with a target price potentially reaching 4850 dollars. It is suggested that investors can accumulate on dips while also following potential catalysts such as ETF staking and stablecoin legislation.

Solana has shown strong performance recently, with a bullish target in the daily chart at the range of $206-221. Institutional investors continue to increase their holdings, with DDC's position exceeding 1 million coins. Considering the possible launch of an ETF in October, a short-term pullback to the range of $170-185 may present a good opportunity for positioning. The SOL ecosystem is developing rapidly, particularly outstanding in the growth of tokenized assets, with significant mid- to long-term development potential.

Binance Coin (BNB) has also performed well recently, with the next target price potentially exceeding $900 after breaking its historical high. The Binance ecosystem remains active, with the meme coin craze and potential SPAC collaborations providing solid fundamental support.

Overall, the crypto assets market is undergoing a profound transformation, characterized by institutional dominance, the rise of mainstream tokens, and the continuous emergence of innovative models, all of which bring new opportunities and challenges to the market. Investors need to closely follow market trends, rationally analyze various factors, and develop appropriate investment strategies.
BTC-0.22%
ETH-0.19%
SUI-4.91%
SOL-3.81%
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SighingCashiervip
· 07-30 13:11
The sol bull run is coming!
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Anon4461vip
· 07-30 10:48
Still buying small coins? Retail investors will be played people for suckers sooner or later.
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DisillusiionOraclevip
· 07-29 15:31
Retail investors are going to be played for suckers again.
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DegenWhisperervip
· 07-27 13:47
Retail investors really have a hard time.
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Degen4Breakfastvip
· 07-27 13:47
Is it worth this price with such a high value?
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AirdropHunter420vip
· 07-27 13:45
Why is Sui suddenly so fierce?
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airdrop_huntressvip
· 07-27 13:43
The small players have walked away; it's all a game for the pros.
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DefiPlaybookvip
· 07-27 13:40
What we play with is the fear and greed of suckers.
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JaniRadarivip
· 07-27 13:22
Hold on tight 💪
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