The market sentiment for Memecoins may continue to fluctuate over the next month, driven by community hype, celebrity endorsements, and market speculation. Recently, trading volumes for Dogecoin (DOGE), Shiba Inu (SHIB), and others have surged, indicating high retail enthusiasm, but the price volatility is significant, posing considerable risks. Promotion by political figures and relaxed regulations may fuel a 'criminal super cycle', necessitating caution against fraud risks. Community culture and viral marketing will continue to boost attention, but the lack of fundamental support may lead to price instability. Investors should pay attention to community dynamics, changes in trading volume, and policy impacts, while remaining rational and cautious in engaging in high-risk speculation.
Next week (July 14-20, 2025) is referred to as "U.S. Crypto Week," due to several key events that will impact the cryptocurrency market: 1. The U.S. SEC's final decision on Ethereum ETF (July 18): approval or rejection of multiple institutions' spot Ethereum ETF applications, if approved, could lead to a significant surge in ETH. 2. Congressional crypto hearing (July 16): discussion on stablecoin regulatory framework and progress of the "21st Century Financial Innovation Act," which may clarify the compliance path for the industry. 3. CPI data release (July 17): if inflation cools down, it may strengthen expectations for Federal Reserve interest rate cuts, benefiting risk assets such as Bitcoin. 4. Coinbase earnings report (July 18): serving as an industry benchmark, its performance reflects the activity level in the crypto market. 5. Bitcoin options expiration (July 19): over $3 billion in contracts will settle, potentially triggering short-term volatility. These events combined make this week one of the most critical junctures for the crypto market in 2025.
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