Dear Gate VIP user:
We invite you to read this issue of the Gate VIP Weekly Report (August 4, 2025 - August 10, 2025). The cryptocurrency market was active on multiple fronts last week, with positive signals emerging from public chains, DeFi, and policy.
Market Overview Highlights from Last Week:
Alpha Mining: BTC's short-term trend remains strong, but is approaching a significant resistance zone; ETH is still in a mid-term bullish trend, but is nearing the top of its ascending channel. In terms of altcoins, Lido DAO (LDO) benefits from a substantial rise in Ethereum's price and institutional custody support, with a 7-day increase of over 62%; Aerodrome Finance (AERO) leverages

Crypto market panorama
BTC (-2.36% | Current price 118,925 USDT): On August 12, BTC once again made a push towards its historical high, reaching a maximum intraday price of 122,320 USD, which is less than 1,000 USD away from the previous high of 123,223 USD. The price then quickly retreated, closing at 118,925 USD. Accompanying this sharp rise and correction was a 10.5% increase in trading volume compared to the previous day. Currently, there is a large amount of short liquidity gathered above 121,000 USD and below 119,000 USD. If the price oscillates within this range, it may trigger concentrated liquidation risks. On August 11, the BTC ETF saw a net inflow of 178 million USD in a single day, with BlackRock's IBIT inflowing 138 million USD and Fidelity's FBTC inflowing 13 million USD, indicating that institutional funds are actively...

Abstract
According to data released by the Cryptorank Dashboard on August 5, 2025, the Web3 industry completed a total of 132 financing rounds in July 2025, with a total financing amount of 3.68 billion USD, continuing the strong capital enthusiasm.
From the perspective of the Top 10 financing projects, the financing landscape shows a significant trend of "top-tier" and "institutionalization". Among them, traditional financial paths such as Post-IPO and PIPE (Private Investment in Public Equity) are gradually becoming mainstream financing methods, marking the deepening integration of Web3 with traditional capital markets.
Many projects have explicitly stated that part of their financing will be used to purchase mainstream cryptocurrencies such as BTC, ETH, and SOL as treasury reserves, and this trend is gradually becoming the new normal in the industry.
Financing is mainly focused on

With the clarification of regulatory policies and the continuous improvement of infrastructure, the crypto market is undergoing a deep transformation led by institutional funds. Since 2024, landmark events such as the passage of stablecoin legislation and the implementation of the MiCA regulations by the EU have propelled crypto assets from "marginal speculative products" to "institutional core allocations." Traditional financial giants such as Strategy, BlackRock, Fidelity, and Nomura have all begun to lay out their strategies, leading to increased investments from diverse institutions such as pension funds, sovereign funds, and university endowments. Crypto assets, due to their low correlation, anti-inflation properties, and high potential returns, have become a beneficial supplement to traditional asset allocation. At the same time, new business models such as DeFi, RWA, and Web3 provide institutions with new avenues for technological participation. Institutional investment is no longer limited to "buying coins," but encompasses a comprehensive participation path that includes on-chain strategies, token subscriptions, infrastructure investments, and more. Looking ahead, institutions will play a key role in governance structures, protocol operations, and AI strategy-driven initiatives, accelerating the crypto market's transition to a mature financial ecosystem.

encryption asset panorama
BTC (1.64% | Current Price 121,248 USDT)
The BTC price has experienced a strong surge after a period of consolidation, currently breaking through the $121,200 mark and setting a new high of $121,260.3 in this round of increases. The short-term moving averages (MA5, MA10) have clearly turned upward and are in a bullish arrangement, with the price significantly above MA30, indicating ample short-term bullish momentum. The large bullish candlestick suggests a concentrated explosion of buying power, and if it can steadily stay above $121,000 in the short term, it is expected to maintain its upward trend. However, one should be cautious of short-term overbought conditions and the risk of profit-taking at high levels. If the price falls below $120,000 and trading volume decreases, a technical correction may occur to adjust the indicators. Overall, the trend leans towards strength, but chasing the market requires careful control of pace and risk.
In addition, on August 8, B

Crypto market panorama
BTC (1.64% | Current Price 121,248 USDT): After a period of consolidation, the BTC price has experienced a strong surge in a short time, currently breaking through the 121,200 USD mark and setting a new high of 121,260.3 USD in this round of increases. The strong bullish candlestick indicates a concentrated explosion of buying power. If it can steadily hold above 121,000 USD in the short term, it is expected to continue its upward trend. On August 8, the net inflow of BTC ETF reached 403 million USD in a single day, with BlackRock's IBIT inflowing 360 million USD and Fidelity's FBTC inflowing 30.5 million USD, indicating that institutional funds are continuously increasing their positions in Bitcoin, thereby enhancing the allocation weight of this asset.
ETH (2.27% | Current Price 4,313 USDT): The price of ETH has briefly returned

In July 2025, on-chain interactions and capital synchronization for Ethereum rebounded, with volume reaching an all-time high; Solana and Base led Layer 1 and Layer 2 respectively, demonstrating high-frequency interactions and ecosystem stickiness. Bitcoin has achieved a record high in market capitalization, and short-term fluctuations may occur. WorldChain has attracted over 100 million dollars, with the ecosystem rapidly taking shape; LetsBonk.fun's market share for issuing coins surpassed 70%, surpassing Pump.fun; Ethena's stablecoin TVL rose to 8.4 billion dollars, continuing to lead the sector.

Abstract
1. Altcoins showed a slow downward trend this week, with the median drop of 6.07% among the Top 100 cryptocurrencies.
2. Circle collaborates with Corpay to provide stablecoin support for business transactions.
3. PancakeSwap launches perpetual contracts for US stocks.
4. Ethereum dApps have accumulated nearly $26.8 billion in revenue, with daily transaction numbers approaching historical highs.
5. Gate's July derivatives trading volume increased by 46.5% month-on-month, with market share rising to 11%.
6. Pump.fun has released 13,690 new tokens in the last 24 hours, surpassing LetsBonk, but the daily trading volume is still slightly behind.
Market Interpretation
Market Commentary

The last Gate VIP weekly report analyzed the dynamics of the crypto market, focusing on changes in the regulatory environment, the integration of TradFi and encryption, and infrastructure innovation. BTC and ETH experienced a Rebound, with MemeCore and Conflux performing strongly. Arbitrum and Avalanche attracted capital inflow, and global regulators are actively formulating rules. The report provides detailed market data and analysis.

crypto market panorama
BTC (-0.19% | Current Price 114,455 USDT): BTC has slightly decreased by 0.19% in price over the past 24 hours, with trading volume increasing, indicating high market activity. Technical analysis shows that BTC is stabilizing at the support level of 114,000 USDT, with an RSI of 43 suggesting oversold conditions, and the MACD indicating a positive crossover but weakening momentum. Market sentiment is cautious, and investors are watching for a potential breakout above the resistance level of 120,000 USDT to confirm a further upward trend. On August 4, BTC ETFs saw an outflow of 323 million USD, with IBIT accounting for an outflow of 292 million USD and FBTC for 40.1 million USD.

Gate Research Institute: This article explores the classic Turtle Trading System and its applicability in the Crypto Assets market, focusing on the design principles and empirical effects of the AdTurtle improved Turtle Trading System. By systematically backtesting the historical data of GT/USDT, it evaluates the performance of traditional and improved strategies in high Fluctuation markets, summarizing their advantages, disadvantages, and optimization directions.

Crypto market overview
BTC (0.43% | Current Price 114,701 USDT): BTC has recently dropped from the high of 119,000 USDT, breaking below the key support level of 115,000 USDT. It then oscillated between 112,000 and 114,000 USDT, trying to find support and build a bottom. Currently, the price has gradually stabilized and rebounded to around 114,689.8 USDT. The 112,000 USDT level constitutes a phase bottom support, which is key to maintaining the rebound trend; while 115,000 USDT is the current main resistance. If it can effectively break through and hold above this level, it will open up space for further rebounds. On August 1, the net outflow of BTC ETF reached 812 million US dollars in a single day, among which BlackRock.

Gate Research Institute Report: From July 15 to July 28, 2025, the crypto market continued to show a bullish trend overall. BTC experienced high-level fluctuations with a stable structure, while ETH steadily climbed close to 4,000 USDT, demonstrating relatively strong short-term performance. In terms of volatility, BTC remained stable while ETH expanded, reflecting an increase in market divergence. The Long-Short Ratio and funding rate fell back to a neutral and conservative range, with holdings maintained at a high level, and the growth of ETH leverage was particularly notable. The liquidation structure overall remained rational, with long positions being liquidated reaching 630 million USD on July 23, which served to cleanse high positions and release momentum. Regarding quantitative strategies, the MACD trend strategy achieved over 150% returns in the SUI coin, showcasing good short-term trading potential.

Gate Research Daily Report: On August 1, BTC fell about 2.10% in the past 24 hours, forming a bearish Candlestick pattern, with the lower wick indicating limited support from low-level buying. ETH's price dropped about 3.79% in the past 24 hours, with an RSI of 69.8, close to Overbought, suggesting a possible short-term correction. The Ethereum Foundation (EF) official website today published an article titled "lean Ethereum," written by EF researcher Justin Drake, outlining the development vision of Ethereum for the next ten years. SEC Chairman Paul Atkins recently delivered a speech announcing the launch of a committee-level initiative called "Project Crypto." The Ethereum infrastructure protocol Puffer Finance announced that Puffer UniFi AVS has been upgraded.

Stock tokenization became a market hotspot in the second half of 2025, with Exodus enhancing liquidity through the Algorand public chain, rapidly expanding the market size to over $200 million. Crypto-friendly policies have promoted the development of tokenization financing, providing new opportunities for companies during the financing phase, and in the future, further liquidity may be supplemented through on-chain stock issuance.

Abstract
1. OpenSea launches Creator Studio 2.0, supporting multi-chain creators for an upgraded issuance and display experience.
2. EigenDA V2 has launched on the mainnet, with throughput improved by approximately 6.7 times compared to V1.
3. CBOE submits a general listing framework for cryptocurrency ETPs, with SOL and XRP ETPs expected to launch in Q4.
4. Ethereum ETF saw record inflow in July, The Ether Machine ramps up on-chain response to institutional entry.
5. Sui TVL reached a historic high of 2.2 billion USD, doubling in growth within the year, showcasing accelerated expansion of the ecosystem.
6. Gate Launchpool has launched ALEO, with a total prize pool of 77,942 ALEO.
Market Interpretation
Market Commentary

Hyperliquid occupies 80% of the market share in the on-chain futures market, driving the expansion of the derivation market. Despite facing attacks, the platform's TVL has rebounded to $478 million, and the volume has reached $1.98 trillion. Its liquidity is mainly driven by Whale funds, and the user experience is close to that of a Centralized Exchange. The HYPE token Airdrop strategy has successfully attracted a large number of users, promoting the expansion of the platform ecosystem.

crypto market panorama
BTC (+0.15% | Current price 118,050 USDT): BTC is currently fluctuating around 117,800 USDT, maintaining a high-level horizontal consolidation in the short term. The price is under pressure from the MA 5 and MA 10 moving averages, with no significant breakout yet. The MACD is still below the zero line, but the fast and slow lines are beginning to converge, with green bars shortening, indicating initial signs of short-term momentum recovery. Trading volume is sluggish, reflecting the market's heavy wait-and-see sentiment. If it can break above 118,200 USDT with increased volume, it will open up upside potential; conversely, if it falls below the support around 117,200, it may retest the low around 115,500 in the short term. On July 29, BTC ETF net inflows were 79.98 million USD, with BlackRock's IBIT inflow of 157 million USD, Grayscale.

This article analyzes the dynamics of the current Crypto Assets market, including the fluctuation and consolidation of BTC and the strong performance of ETH approaching 4,000 USDT. Alts like Pudgy Penguins and Ethena have significantly risen due to market factors. Meanwhile, the on-chain capital inflow and activity of the WorldChain and Sui ecosystems have greatly increased, demonstrating institutional capital recognition. The report will provide detailed market data and technical interpretations.

crypto market panorama
BTC (-0.91% | Current Price 118,305 USDT): BTC has slightly decreased by 0.91% in the past 24 hours, dropping from approximately 119,399.80 USD to 118,321.00 USD, with trading volume remaining active. Technical analysis shows that the BTC price is fluctuating around the 50-day moving average, with the RSI close to 60, indicating that market momentum is neutral but slightly bullish, while the MACD shows a slight bearish signal, reflecting short-term pullback pressure. On July 28, BTC ETF inflows totaled 157 million USD, with IBIT inflows of 147 million USD and FBTC inflows of 30.9 million USD.