Global Finance and Digital Assets Industry News Roundup

⚠️Important notice: The content is only for industry information exchange and does not constitute any investment advice. There are significant risks associated with the hype of domestic virtual-coin trading; please take overseas market information rationally. $BTC ‌$ETH ‌
I. Market Core Developments
1、Ethereum continues to strengthen and posts a run of consecutive gains; Bitcoin ETF flows show divergence
Ethereum continues its upward trend and has delivered consecutive days of gains. Market institutions are optimistic about further upside probing into key ranges. The recent price increase has been notable, but there is still considerable room before reaching the prior peak. On the capital side, there is clear divergence: Bitcoin spot ETF funds continue to flow out, while Ethereum ETF funds continue to see steady inflows.
Institutional capital actions have diverged: Morgan Stanley continues to increase its Bitcoin holdings, and the size of its position has refreshed its record high again. On-chain data shows that market loss conditions have somewhat eased, but overall market-demand recovery remains limited. Long-term holders’ positions are stable, with no signs of concentrated selling.
2、The market is gradually approaching the bottom range of the cycle; institutions remain optimistic about the forward outlook
Multiple industry research institutions have revisited historical cycle patterns, believing Bitcoin is likely to see the cycle bottom within the year. Some large funds have already begun gradually positioning for long positions. In the absence of major systemic risks, medium- to long-term upside potential is worth expecting.
Current market fear is spreading. Industry views mention that digital assets have become a leading indicator for global liquidity. The era of simply trading “air” tokens is already over.
3、Overseas monetary policy remains on hold; expectations for rate adjustments within the year cool
Morgan Stanley’s assessment is that the Fed will most likely keep the current interest-rate level unchanged at its upcoming policy meeting. The inflation trend will determine the direction of subsequent monetary policy. If inflation continues to face pressure, it is not ruled out that policy adjustments could be made toward the end of the year. Noted financial figures remain cautious about long-duration bonds and broad-based index products.
4、US tech sector sees a phase of correction
US equities are slightly down overall, with heightened price volatility among AI-leading companies. Concerns were raised in the market after top tech firms increased their capital expenditure plans. Some hardware manufacturers reported earnings data that exceeded expectations, leading institutions to raise their target prices. Due to project progress, SpaceX’s share price saw a short-term pullback.
5、European economic data beats market expectations
Multiple economic indicators for Germany, the Eurozone, and the UK came in better than market expectations, indirectly reflecting a rebound in regional economic sentiment.