Gate Research: From July 15 to July 28, 2025, the overall crypto market maintained a moderately bullish trend. BTC traded sideways at high levels with a stable structure, while ETH steadily climbed toward 4,000 USDT, showing relatively stronger short-term performance. In terms of volatility, BTC remained stable while ETH volatility increased, reflecting rising market divergence. Long-short ratios and funding rates declined to a more neutral-to-cautious zone, with open interest staying elevated. Leverage growth was more notable on ETH. Liquidation activity remained relatively rational, with long liquidations peaking at $630 million on July 23, indicating a high-level flush that helped release upward momentum. On the quantitative strategy side, a MACD trend-following strategy achieved over 150% returns trading SUI, demonstrating strong short-term trading potential.
8/1/2025, 8:04:19 AM