The Bitcoin market is undergoing an interesting phase, with continuous buying from large funds providing support. However, from a price perspective, this support may not be substantial. The changes in the global economic environment have reached a saturation point in their impact on the market, and investors are gradually adapting to this, causing its influence to weaken. Meanwhile, several countries are considering interest rate cuts, and funds are beginning to flow into the market in advance.

In the past week, the market capitalization of stablecoins has increased by 2 billion USD, indicating that Wall Street giants and institutional funds are gradually entering the market. Although the market appears calm on the surface, many investors are actually waiting for a clear opportunity to initiate a major action.

For individual investors, the most critical factor at present is to protect the principal. When large funds begin to wash the market and prices are suppressed, it may signal the moment when investment opportunities arise. Especially as we approach September, there may be a trend of bottom-fishing in the market due to potential interest rate cuts. If prices are still high at that time, the cost for large funds to wash the market will be very high. Therefore, investors can pay attention to market trends in July and August to look for potential entry opportunities.

In the DeFi space, AAVE stands out as a leading lending protocol, renowned for its stability and high security. The protocol has withstood the test of both bull and bear markets, and its modular design in the AAVE v4 version has paved the way for institutional users. AAVE boasts substantial actual revenue and strong user stickiness, making it a truly "cash flow" blue-chip project. If the DeFi industry is to rise again, AAVE is likely to become one of the key projects that lays the foundation.

On the other hand, Ripple (XRP) has finally put an end to its five-year legal disputes. With this burden lifted, Ripple can now fully commit to realizing its "value internet" vision. The company's strategic acquisitions will also play an important role in this process.

Overall, the current cryptocurrency market is at a critical turning point. The entry of institutional funds, changes in global economic policies, and the development of various projects will have a profound impact on the future direction of the market. Investors need to remain vigilant, pay attention to market trends, and formulate appropriate investment strategies.