Alt季節可能還沒回來，但它絕對仍然在呼吸。
比特幣的市場主導地位下降了0.51%至60.97%，而山寨幣指數回升至43，暗示可能從上週的崩盤中反彈。同時，穩定幣正捲土重來。
過去七天，總供應量增長了$1.47B，主要是因為USDT大量流入$1.91B，即使USDC流出了$394M。總穩定幣成交量現在達到$230.14B，是數週來最高的。
輪換並不大聲。它是隱秘的。但它是真實的。
比特幣ETF保持活躍，財庫玩家堆積更多比特幣
這週比特幣財庫實體沒有在睡覺。它們共同買入了29,500 BTC，有八個新買家進入市場，還有其他10家公司宣布計劃購買價值$132M的比特幣。這已經不只是MicroStrategy的模仿秀了。財庫堆疊正在成為一種企業炫耀。
同時，ETF策略師Mitchell Askew表示，比特幣的拋物線時代已經結束。根據他的說法，現貨ETF時代已經永久消除了波動性，將BTC變成一種不斷增長的資產，預計在未來十年內通過乏味的整合周期達到$1M。他稱之為“樂趣的終結”，但也許這就是擺脫散戶遊客所需的。
如何開始交易比特幣
比特幣是元祖——仍然是山頭之王，仍然在移動市場。無論你是堆積sats還是用槓桿進行完整的degen，Toobit都為你提供了所有你需要的東西。現貨、期貨以及所有的鈴聲和口哨。
政策角落：歐盟達成協議，美國推遲中國關稅
美國和歐盟達成了一項新的貿易協議，確定了一個15%的統一關稅，並承諾一個令人震驚的$600B新歐盟投資到美國，主要集中在軍事採購上。是的，戰爭機器和自由市場可以共存。
美國與歐盟達成了一項框架貿易協議，對大多數歐盟商品徵收15%的進口關稅，這是威脅稅率的一半，避免了兩個佔全球貿易近三分之一的盟友之間更大的貿易戰 https://t.co/H3uWf8FrPc pic.twitter.com/NUeIU5RE65
— 路透社 (@Reuters) 2025年7月28日
同時，美國宣布中國關稅執行延遲90天，這可能是下一次外交公關宣傳前的最後一步橄欖枝。
BonkFun 佔據77.7%的主導地位。誰在拉盤？
來談談迷因。
BonkFun現在在Solana發射台場景中擁有驚人的77.7%市場份額，而Jup Studio正式超越了PumpFun。這不是一次翻轉，這是一場屠殺。
在Bonk的不斷回購、病毒能量和不懈的空投耕作之間，這已經不是一場公平的戰鬥了。如果你今天正在建立一個發射台，你要么與BONK同行，要么爭奪殘羹剩飯。
哦，還有CCTV 13剛剛報導了WLFI和USD1。加密貨幣上了國家電視。這要麼是頂點……要麼是底部。我們很快就會知道。
Alpha觀察：Moonbird瘋狂，Zora起飛，Solayer認領開放
山寨幣還沒完。
Moonbird在7天內飆升47.4%，因為有Little Penguin收購的傳聞。尚未確認，但CT全入。與此同時，Zora的市值在一個月內從$29M躍升至$330M，讓早期持有者最後一笑。
其他地方，Solayer的第一輪空投已經解鎖，但僅限於通過解鎖懸崖期的錢包。如果你是早期玩家，你的包在等著你。
在背景中，Vine的市值已經達到$145M，全靠Elon的炒作。沒有產品，沒有代碼，只有AI驅動的懷舊承諾。
而Bitget的CEO + Yi Lihua正在暗示“永恆牛市”即將結束。他們上次這樣說？四年前就在最終的爆發頂點之前。值得關注一下這個從熱浪到冰封的理論。
最後的話
市場沒有咆哮。它在慢慢煨煮。
BTC主導地位正在下降，穩定幣正在湧入，山寨幣正在悄悄回到階梯上。迷因幣再次成為頭條，而這一次，財庫錢包和KOL八卦同步運行。
有些東西正在轉變。慢慢地。安靜地。但你很快就會感受到。
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