4E: BTC maintains high-level fluctuations, ETH strongly breaks through 3100 USD, institutions and policies work together to boost market sentiment

ChainCatcher message, according to 4E observation, as of July 16, 2025, 16:00 (UTC+8), Bitcoin (BTC) is priced at $117,856, with a 24-hour increase of about 0.68%; Ethereum (ETH) is priced at $3,139, with an increase of about 5.38%. In the past 72 hours, BTC has stabilized in the range of 117k--118k, while ETH has performed even stronger, continuing to rise after breaking through $3,100.

In terms of capital flow, the VanEck HODL Bitcoin ETF saw a net inflow of about $19 million in a single day, indicating that the market still favors compliant investment products. At the same time, institutional actions are frequent: SharpLink Gaming has increased its holdings by over 75,000 ETH, accumulating more than 280,000 ETH by the end of this period, becoming the world's largest corporate ETH holder, betting on Ethereum's "micro-strategy" model.

On the policy front, the House's "Crypto Week" policy proposal continues to evolve, with bills such as "CLARITY" and "GENIUS" being advanced in multiple hearings, focusing on important areas such as stablecoins, custody, and CBDC regulation. Meanwhile, the U.S. core CPI is lower than expected, further intensifying the Fed's interest rate cut expectations, which may provide macro support for crypto assets.

With the dual push from institutions and policies, the market structure is becoming increasingly solid. Although short-term fluctuations may still be influenced by macro and regulatory dynamics, the overall capital trend is positive. 4E reminds investors: while capital allocation is proceeding in an orderly manner, they should be wary of the short-term risks brought by policy rhythms and price fluctuations, and set protective strategies.