#BTC再创新高# Market Analysis for 25.7.11

Market trend
BTC continues to hit new highs, with a BTC contract long-short ratio of 0.5.
The market is generally rising, with the main focus on the ETH sector.
U.S. stocks are strong and volatile, with the market anticipating two rate cuts this year.
As emphasized repeatedly before, the key months in 2025 are July, September, and December. Do not hold cash, do not short, and stay on the last train.
Market Hotspots:
1. Public chains like eth and sui have surged. The ethbtc exchange rate is strengthening, with institutional funds flowing into eth starting to exceed those into btc, and the trading volume of eth contracts has surpassed that of btc.
2. Small coins like hyper and m have surged to new highs. The short selling fee on hyper at South Korea's upbit is -2%.
3. The prices of meme tokens like penguin, pnut, and banana have risen. Penguin previously submitted a US stock ETF and has strong control by the whales. Pnut was mentioned again by Musk. Banana has reached a new high.
4. Pump has opened pre-contract trading, currently valued at 5 billion USD, with many large holders short hedging at a premium in advance.
5. The public sale of the stablecoin public chain plasma will start on July 17, with deposits and withdrawals locked on July 14. Plasma is a BTC sidechain invested in by the parent company of USDT, primarily used for free small transfers to consumers, aiming to capture market share from TRX.