Crypto Market Pulse - July 28, 2025

LAST WEEK RECAP:

• US Core Inflation Rate MoM: 0.2% vs 0.3% expected, YoY 2.9% vs 3%
• US CPI MoM: 0.3% as expected, YoY 2.7%
• US PPI MoM: 0% vs 0.2% expected
• US Retail Sales MoM: 0.6% vs 0.1% expected
• UK CPI YoY: 3.6% vs 3.4% expected

BTC WEEKLY VIEW

BTC has been consolidating for a week, finding support near the daily MA30. It remains in a sideways range, but the overall upward structure remains healthy.

ETH WEEKLY VIEW

Looking back at ETH's run from around 1,400 in April to nearly 4,000 now, the rally has been extremely fast and strong. Although ETH continues to find support at the daily MA10, the overall upward momentum is weakening. The 4K level could be a good spot to take some profits.

ETH/BTC

ETH continues pushing toward 4K, but the closer it gets to its all-time high, the higher the risk of a reversal. Caution is still warranted.

TOTAL3 USD MARKET STRENGTH

TOTAL3 is also pulling back and consolidating near its previous high. This kind of correction can make the uptrend structure healthier and increase the likelihood of breaking above the previous high.

TOTAL3 BTC MARKET STRENGTH

The recent move was supported by a clear increase in volume, indicating growing participation. As long as it holds above the recent breakout zone, altcoins could continue to outperform in the near term.

MARKET LEVERAGE RATIO

The market leverage ratio remains relatively elevated, suggesting that participants are still using significant leverage. While this can fuel further upside in the short term, it also increases the risk of sharper pullbacks if momentum falters. As TOTAL3 consolidates near previous highs, watching leverage closely will be key to gauging the sustainability of any breakout.

SUMMARY

• Ethereum led capital rotation as over $2B flowed into ETH ETFs—the largest weekly inflow on record—driving ETH/BTC to new local highs while Bitcoin lagged.
  
• U.S. regulatory clarity improved with crypto bills on asset classification, stablecoins, and digital dollar restrictions advancing in Congress, reducing long-term policy uncertainty.
  
• Altcoins and institutions gained momentum, with Total3 topping $1.05T and capital shifting into Solana, meme coins, and L2s; meanwhile, firms ramped up crypto treasury strategies as infrastructure and regulation matured.

DISCLAIMER:

The information in this report is for information purposes only and is not to be construed as investment or financial advice. All information contained herein is not a solicitation or recommendation to buy or sell digital assets or other financial products.

This post was prepared by Kairon Labs Trader Patrick Li and Travis Su.

Edited by: Shirley Castro