The crypto assets market has recently shown complex dynamics, with mainstream tokens experiencing a noticeable pullback. Bitcoin fell by 1.03%, reaching a price of $118,994, while Ether saw an even larger decline of 2.55%, reported at $3,641. Market analysis suggests that this is mainly influenced by the tensions in Sino-US trade relations and the unclear prospects for Bitcoin ETF approval.

Nevertheless, the market maintains a certain level of resilience. The key support level for Bitcoin is around $116,000, while for Ether, it is around $3,500. As long as the price remains above these levels, investors are still relatively optimistic about the spot market.

It is worth noting that Ripple (XRP) has experienced a more severe fall, plummeting by 9.4%. This trend is partly attributed to investors taking profits, and it is also related to the recent warning from Ripple's CEO about the risks of AI-related scams.

At the same time, some emerging projects show incredible growth potential. Spark surged by 87% in a single day, driven by large investors increasing their holdings and the rapid development of decentralized finance (DeFi) protocols. However, not all projects perform as impressively; Pump.fun (PUMP) fell by 16% due to fierce competition and potential legal risks.

The extreme volatility in the market is also reflected in other projects, with Launch and Goatseu falling by 18.6% and 17.1% respectively, while Inspect and Merlin Coin rose by 16.2% and 14.8%, creating a stark contrast.

In terms of regulation, the White House plans to release its first digital asset policy report on July 30, which could have a significant impact on the market. Meanwhile, traditional financial institutions are also actively embracing Crypto Assets. PNC, the eighth largest bank in the United States, announced a partnership with Coinbase to launch Crypto Assets trading services, marking an acceleration in the integration process between traditional finance and digital assets.

Overall, the Crypto Assets market is in a critical period filled with opportunities and challenges. Investors need to closely monitor market trends, weigh risks and returns, and also remain vigilant about upcoming policies.