Secondary Market Daily 20250721

Market trend

1. ETH shows strong performance, with liquidation pressure concentrated at the key levels of 3900/3700, and its market value rising to 28th place globally;
2. BTC maintains high-level volatility, with a significant decrease in liquidation scale;
3. Market funds are rotating from BTC to sectors such as ETH and NFTs, with BTC's market share dropping to 61%;
4. Institutional funds continue to enter the market, but there is still uncertainty in the altcoin market;
5. The development of stablecoins has sparked discussions about the impact on the dollar system, and regulatory policies are under scrutiny. Mainstream Coins $BTC Recently, institutions have significantly increased their holdings (Saylor bought 739M), and the launch of ETFs and capital inflows support the price. Technically, it remains solid above 110,000, with a short-term target of 123,000. Market sentiment is greedy, but caution is needed for potential pullback risks. In the long term, the continuous accumulation by institutions shows strong confidence in BTC. $ETH A strong breakthrough above $3800, with institutional funds continuing to flow in (such as Coinbase launching ETH perpetual contracts), and the psychological level of $4000 becoming a key resistance. If it breaks through, it may accelerate the rise. In the short term, pay attention to the risk of a pullback, but the long-term outlook is bullish due to strong fundamentals (such as $1.5B in institutional funds entering the market). It is recommended to accumulate on dips. $SOL Recently performed strongly, breaking through 190 USD with a market capitalization exceeding 100 billion USD, showing confidence with large institutional purchases. From a technical perspective, if it remains above 190, the short-term target is 217 USD, and the medium-term target is 280 USD. The SOL ecosystem is active, with a market cap surpassing traditional companies, ample bullish momentum, and good opportunities for positioning during dips. $BNB Recently showing a strong bullish trend, with five consecutive weekly gains and a MACD golden cross, targeting $800. Institutional accumulation and the expansion of the Binance ecosystem provide fundamental support, but attention should be paid to the competitive pressure from SOL. Mainly holding spot positions, a four-digit target can be expected after breaking through the ATH. Popular Coins $GOAT As a meme coin, it has recently been included in the portfolios of multiple KOLs, indicating an increase in market attention. The technical indicators show a breakout pattern; if the overall market sentiment improves, it may accelerate the rise, but one must be cautious of the high volatility risks associated with meme coins. The short-term support level is 0.00015, and a breakout above 0.0002 will open up upward space. $PENGU Recently performed strongly, with a 360% increase over the past 30 days, becoming the leader in the Top 100 daily gainers. Technically, the support level at $0.0129 is solid, with a target of $0.041 in sight. The fundamentals are driven by the NFT craze and positive news from Binance unlocking, with the market capitalization returning to $2 billion. There are clear signs of new main forces entering the market, and there is still room for short-term growth, but caution is needed for the risk of overbought corrections. The above information is automatically generated by @cryptohunt_ai and does not constitute investment advice.