Bitcoin showed strong momentum today, breaking through the $58,000 mark as capital flows concentrated in the Bitcoin market. However, with the greed index at 29, investor confidence has yet to fully recover. Meanwhile, ETF funds continue to experience net outflows, particularly in Bitcoin and Ethereum ETFs, reflecting the weak performance of these investment vehicles. On the macroeconomic front, Federal Reserve official Bostic stated that the U.S. labor market remains strong, warning that prematurely easing policy could pose risks, affecting market sentiment.

Daily Macro:

Bitcoin Market Performance:

Bitcoin ($BTC) held steady at $58,088 today, showing strong support. The long-to-short ratio was 52:48, indicating cautious market sentiment, and the greed index remained at 29, signaling that investor sentiment is still conservative.

ETF Performance:

Bitcoin ETFs saw a net outflow of $37 million, while Ethereum ETFs experienced a net outflow of $37.2 million.

Daily Focus:

DeFi Sector

Reason for Focus:

Former U.S. President Donald Trump’s family is quietly pushing a cryptocurrency project called "World Liberty Financial," rumored to be built on AAVE. Market confidence in decentralized finance (DeFi) is on the rise, leading to a widespread increase in the sector.

Related Token Performance:

1INCH rose 24% in the last 24 hours.

AAVE rose 13% in the last 24 hours.

CRV rose 10% in the last 24 hours.

UNI rose 8% in the last 24 hours.

SUSHI rose 8% in the last 24 hours.

Outlook:

Looking ahead, attention should be paid to the Trump family-backed World Liberty Financial project. Combining decentralized finance (DeFi) with the governance token WLFI, this project is still in its early stages but is closely tied to lending services on Aave and the Ethereum blockchain, potentially driving further growth in related assets.

Next Focus:

Solana DePIN Sector

Reason for Focus:

Solana's decentralized physical infrastructure network (DePIN) projects have recently gained significant attention, especially with decentralized WiFi projects like Helium. Other projects, such as Grass, have launched an airdrop inspection page and initiated their first airdrop, accounting for 10% of the total supply. These projects aim to combine IoT with blockchain, driving decentralized data and service economies, which are expected to see further growth in the near future.

Related Assets:

$HNT / $MOBILE / $SOL / $IO

How to Participate:

Users can invest in governance tokens or use Solana ecosystem wallets to participate in DePIN project airdrops.

CoinEx Daily: Bitcoin Breaks $58,000, DeFi Sector Experiences Broad Rally