🐍 Crypto Daily Report | 05.07

Today’s market entered a phase of divergence and volatility.
BTC remains steady around 81k, but ETH and DOGE started to retrace, while SOL and BNB are relatively stronger, indicating that funds haven't exited but are more clearly concentrating on a few strong main lines.
The most critical points today:
1. BTC is at $81,033, basically sideways over 24 hours; ETH down 1.76%, DOGE down 3.35%, but SOL and BNB still show strength.
2. The total market capitalization slightly declined by 0.26%, but trading volume increased by 11.2%, indicating the market isn’t dead water but is turning over at high levels.
3. White House advisors have announced that the Clarity Act aims to be pushed forward before July 4th, and the update on the US Bitcoin Reserve will also be announced in the coming weeks.
4. Traditional financial institutions like Nasdaq and DTCC are still moving towards on-chain integration but also admit that custody, advisory distribution, and underlying infrastructure are not yet fully sorted out.
5. Stablecoins and payment narratives continue to heat up, and the market is beginning to favor practical directions like “yield + payments + RWA.”
6. Coindesk directly highlights: In a quiet market, yield is the trade, indicating that the strongest short-term logic may not be explosive growth but steady returns.
My view:
The market is not yet bearish, but it’s no longer suitable for blindly chasing gains. The biggest risk is that indices look fine, but the coins you hold remain stagnant. Moving forward, the focus should still be on US regulatory progress and whether funds will continue to flock to strong narrative assets.