Market Sentiment

4E: BTC breaks through $107,500 and moves upward, with favorable policies and easing of risk aversion boosting market sentiment

ChainCatcher message, according to 4E observations, as of July 2, 2025, 16:00 (UTC+8), Bitcoin (BTC) is currently priced at $107,571, up about 0.6% in the past 48 hours, with a high of $108,280 and a low of $105,344, showing a moderate rebound trend overall. The current market is primarily characterized by a fluctuating upward movement, with trading volume slightly increasing.Ethereum (ETH) has risen to $2,480, while Solana (SOL) and Cardano (ADA) have both increased by around 1.5%. The total market capitalization of the cryptocurrency market has rebounded to approximately $3.32 trillion, reflecting a recovery in investor confidence. On-chain data shows that the BTC balance on exchanges continues to decline, with long-term investors steadily accumulating.On the macro level, U.S. Treasury yields have slightly retreated, and the U.S. dollar index has weakened, with market expectations for a Federal Reserve rate cut in September heating up again. Geopolitically, the situation in the Middle East has not escalated, and risk aversion sentiment has significantly weakened, providing overall support for risk assets.In terms of policy trends, the U.S. SEC is pushing to simplify the cryptocurrency ETF application process, and the stablecoin regulatory bill (GENIUS Act) is accelerating its legislative process, bringing structural benefits to the market. Platforms like Coinbase are benefiting significantly, USDC has gained policy trust, while Tether faces higher compliance pressures.In summary, Bitcoin is maintaining an upward trend within a key technical range, with both macro and policy factors likely to continue supporting a market rebound in the short term.4E reminds investors: the current market is stable with fluctuations, and attention should still be paid to the progress of policy implementation and capital flows, while reasonably controlling positions to avoid the risk of pullbacks.

BTC rebounded back above $105,000, as market risk aversion cooled and crypto assets collectively recovered

ChainCatcher message, according to 4E observations, as of June 24, 2025, 14:00 (UTC + 8), Bitcoin is priced at approximately $105,400, up 3.6% in the past 24 hours, showing a strong rebound from the previous day's low of $99,000, with technical levels recovering to the $105,000--$106,000 range.The crypto market sentiment is warming up, with Ethereum rising nearly 8% to $2,420, and the total market capitalization recovering to about $3.25 trillion, with trading volume increasing. On-chain data shows that institutions are gradually positioning themselves, long-term holders are publicly buying, while short-term speculators are taking the opportunity to exit.Internationally, the weekend ceasefire news in the Middle East has quickly eased market risk aversion, with the U.S. President announcing a ceasefire between Israel and Iran, leading to a general rebound in global risk assets. U.S. stocks are rising, the dollar is retreating, and the financing environment is improving.At the same time, the S&P 500 and Nasdaq have both risen nearly 1%, with the technology sector leading the gains. Federal Reserve officials continue to hint at a possible rate cut in July, although there is no definitive consensus, the trend is gradually leaning towards dovish.On the regulatory front, the U.S. GENIUS stablecoin bill is progressing smoothly, and the EU MiCA authorization is complete, marking the entry of crypto regulation into a more institutionalized phase. Financial institutions are aligning their strategies with policy signals, short-term risk aversion is weakening, and medium to long-term structural opportunities in crypto assets may be on the path to realization. 4E reminds investors that market volatility is increasing, and to pay attention to position and risk management.

QCP: Bitcoin shows resilience under pressure, institutions continue to buy to support market sentiment

ChainCatcher news, QCP released today's briefing stating, "Despite the escalating tensions in the Middle East, Bitcoin has yet to show signs of widespread panic. After an initial shock triggered by Iran-Israel related news last Friday, the benchmark cryptocurrency has recovered, bouncing back from a weekly low of $102,800 to $107,000.The resilient price performance of Bitcoin seems to be supported by ongoing institutional accumulation. Notably, Metaplanet and Strategy have been consistently buying the dips, while the spot Bitcoin ETF has recorded inflows for the seventh consecutive week. The market appears to have regained its footing, especially after Bitcoin managed to hold the key psychological threshold of $100,000 despite experiencing initial shocks.More broadly, in the face of rising geopolitical risks, the market has shown remarkable calm. Bitcoin's recent implied volatility has remained below 40, while the VIX index hovers around 20. Given the current backdrop, both levels are historically relatively subdued. There has been an inflow of funds into U.S. Treasuries and a range of Asian government bonds, highlighting that the market has not fully shifted to a risk-off mode.However, cautious sentiment still lurks beneath the surface. Iran's potential blockade of the Strait of Hormuz could trigger a spike in oil prices, and further escalation or direct U.S. military intervention could severely disrupt global risk assets.There are also views suggesting that these risks may in themselves constitute a structural positive for Bitcoin. With the asset's trading price only about 6% lower than its all-time high, recent price action has reinforced the narrative that Bitcoin adoption is driven by macro turmoil, rising sovereign debt burdens, and geopolitical vulnerabilities."

4E: Bitcoin price fluctuates and adjusts, U.S. stocks achieve their best performance in May in 30 years, market sentiments are mixed

ChainCatcher news reports that, according to 4E monitoring, at the beginning of June, the Bitcoin price briefly dipped to $103,700, reaching a recent low, which has attracted market attention. Analyst Captain Faibik pointed out that the current BTC market is fiercely contested, with key support and resistance levels at $103,500 and $107,500, respectively. A breakthrough or breakdown will determine the next phase of the trend. If it can stabilize above $107,500, it is expected to challenge a new high of $117,000; however, if it falls below $103,500, it may return to bear control. Another analyst noted that BTC needs to quickly return above $106,500 to avoid further declines. As of now, the Bitcoin price is approximately $105,435, showing an upward trend in the past 24 hours.Meanwhile, despite facing tariff uncertainties and soaring federal deficits, the U.S. stock market has rebounded strongly. The S&P 500 index rose 6.3% in May, marking the best performance for the same period since 1990, and has increased 1.74% year-to-date, rebounding nearly 20% from April's low. Tech stocks are leading the charge, but funds are also quietly flowing into defensive sectors such as consumer staples, utilities, and healthcare, indicating that the market remains cautious even amid optimism.On the economic fundamentals front, investors are closely watching the May employment report set to be released this Friday. Several economists predict that non-farm payrolls will increase by only 125,000, or below the "break-even growth rate" of 153,000. Continued weakness could trigger a rise in the unemployment rate and intensify bets on the Federal Reserve cutting interest rates within the year.According to 4E, investors should remain vigilant and respond cautiously to short-term market fluctuations until trade policies, employment data, and Federal Reserve dynamics become clearer.
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