Latest market dynamics analysis report on Crypto Assets, summarizing key information for you:

The market expects that the Federal Reserve will likely remain unchanged in July with a probability of 89.7%, and any real policy changes may not become apparent until September.
In terms of geopolitics, the remarks made by the U.S. Vice President have drawn attention, stating that while the U.S. has not declared war on Iran, it is taking action against its nuclear program. At the same time, Trump expressed concern over eliminating the nuclear threat from Iran and warned that if peaceful objectives cannot be achieved, conflicts may escalate further.
In terms of the performance of the Crypto Assets market, the total liquidation scale in the past 24 hours has exceeded 700 million USD, with approximately 175,000 investors being forcibly liquidated, reflecting the severe market volatility. The altcoin season index has fallen to 15, indicating that the performance of the altcoin market is highly synchronized with Bitcoin.
The Ethereum ecosystem is showing complex signals: the total amount of staked coins has surpassed 35 million, reaching a historical high, accounting for 28.3% of the total supply; however, the ETH/BTC exchange rate plummeted over 6% amid geopolitical events. A large trader purchased 13,500 ETH after the price drop, and the recent total purchase amount has reached 132,000 coins, indicating that some funds are starting to accumulate at lower prices.
Regarding Bitcoin, Michael Saylor has once again released Bitcoin tracking information, which the market interprets as a possible new round of accumulation plans. A large holder sold 400 Bitcoins today but still retains 3,100 Bitcoins, demonstrating a strategy of taking profits in batches.
In terms of regulatory environment, the Governor of Texas has signed the Bitcoin Reserve Act (SB 21), which has officially taken effect, but the market reaction has been tepid, seemingly unable to drive short-term price movements.
In the context of the macroeconomic background, the director of the Federal Housing Finance Agency criticized Powell for the cognitive gap with ordinary American citizens. Next week, the market's focus will be on the core PCE data and Powell's upcoming semiannual monetary policy report.
The current Crypto Assets market fear and greed index is 40, with market sentiment in the "fear" zone, and investors need to remain vigilant.