📰 Crypto Market News｜Regulatory and Institutional Updates, Market Continues to be Stagnant

🏛 Regulatory & Institutional Updates

Coinbase receives a 'Buy' rating from Deutsche Bank for the first time

The US SEC is seeking public comments on rules related to trading of crypto assets

Hong Kong welcomes the listing of 'virtual asset first stock' HashKey, but the stock performance is flat

📌 Interpretation:

Mainstream institutions remain focused on compliant crypto companies, but the market's reaction to short-term positive news is limited.

📉 Market Status Overview

News Front: Overall flat, lacking strong catalysts

Technical Front: Major coins are consolidating at high levels, trend is unclear

Sentiment Front: Low and cautious, lack of willingness to chase prices

🌍 Current Core Focus

Macroeconomic Variables:

Expectations on personnel changes in the Federal Reserve

Direction of Japan's interest rate policy

On-chain Variables:

When will the selling behavior of long-term holders (whales) slow down

🧠 One-Sentence Summary

Institutions are positioning, regulators are probing, and funds are watching.

Before the macro direction and on-chain selling pressure become clear (focus on the implementation of Japan's interest rate hike),

the market will continue to be dominated by fluctuations + defense. $BTC $ETH #ETH走势分析 #巨鲸动向 #加密市场观察 $