加密市场的七月活动：ETF，解锁和关键催化剂

看看7月的主要加密事件：ETF决策，代币解锁和经济数据，所有这些都塑造了市场趋势和投资者的情绪。导航一个月的潜在波动！

Crypto Market's July Events: ETFs, Unlocks, and Key Catalysts

加密市场的七月活动：ETF，解锁和关键催化剂

July's shaping up to be a wild ride for the crypto market! From potential altcoin ETF approvals to major token unlocks and crucial economic data releases, it's a month packed with events that could send Bitcoin and altcoins soaring—or plummeting. Buckle up, because it's gonna be a bumpy one!

七月的塑造是加密市场的疯狂旅程！从潜在的AltCoin ETF批准到主要令牌解锁和关键的经济数据发布，到一个月的活动中，可以使比特币和山寨币飙升或下降。扣紧，因为它会是个颠簸的！

Altcoin ETFs: A New Dawn?

Altcoin ETFS：新黎明？

The big story this month revolves around altcoin ETFs. The SEC's approval of Grayscale’s Digital Large Cap Fund (GDLC), which includes Bitcoin, Ethereum, XRP, Solana, and Cardano, was a watershed moment. For the first time, the SEC greenlit a spot ETF containing multiple altcoins, opening the door for institutional investors to gain regulated exposure to these assets. Analysts are now buzzing about the potential for standalone ETFs for coins like XRP, SOL, and ADA. Cardano's fate is expected to be decided in mid-July. VanEck must decide on its Avalanche (AVAX) ETF by July 25th, and Franklin Templeton has deadlines for Solana (SOL) and XRP ETFs around July 31st.

本月的大故事围绕altcoin etfs展开。 SEC批准Grayscale的数字大型CAP基金（GDLC），其中包括比特币，以太坊，XRP，Solana和Cardano，这是一个分水岭。 SEC GreenLit首次绿化了一个包含多个Altcoins的ETF，为机构投资者打开了大门，以获得对这些资产的监管风险。分析师现在正在嗡嗡作响，即XRP，SOL和ADA等硬币的独立ETF的潜力。 Cardano的命运有望在7月中旬决定。 Vaneck必须在7月25日之前决定其雪崩（Avax）ETF，而富兰克林·邓普顿（Franklin Templeton）在7月31日左右为Solana（Sol）和XRP ETF的截止日期。

Token Unlocks: Supply Shock or Opportunity?

令牌解锁：供应冲击还是机会？

July is also jam-packed with significant token unlocks. Ethena (ENA) already unlocked around $11 million worth of tokens early in the month. Immutable (IMX) and io.net (IO) will unlock $11 million and $10 million respectively on July 11. Aptos (APT) follows on July 12 with a $56 million unlock. Arbitrum (ARB) releases $35 million on July 16. The Trump coin ($TRUMP) has a massive $465 million unlock scheduled for July 18, representing 25% of its total supply. ZRO unlocks $51 million on July 20. These unlocks can create selling pressure if demand doesn't keep pace, so traders are keeping a close eye on these events.

七月还充满了巨大的令牌解锁。 Ethena（ENA）在本月初已经解锁了价值约1100万美元的代币。不变的（IMX）和IO.NET（IO）将分别在7月11日解锁1100万美元和1000万美元。Aptos（APT）于7月12日以5600万美元的解锁为单位。仲裁（ARB）将于7月16日释放3500万美元。特朗普硬币（特朗普）的4.65亿美元定于7月18日解锁，占其总供应量的25％。 Zro于7月20日解锁了5100万美元。如果需求不跟上步伐，这些解锁可能会造成销售压力，因此交易者正在密切关注这些活动。

Macroeconomic Data: The Fed's Next Move

宏观经济数据：美联储的下一步行动

Don't forget the macro picture! U.S. inflation data (July 15) and producer price index data (July 16) could significantly impact the crypto market. Weak labor data often encourages investors to anticipate a more dovish monetary policy from the Federal Reserve, potentially driving up the prices of Bitcoin and altcoins. Conversely, strong job growth could signal tighter policy, which typically puts downward pressure on crypto. The U.S. government released labor market reports on July 3rd. The Employment Situation Report showed around 120,000 new jobs added in June. The unemployment rate may rise to 4.3%, up from 4.0% last month.

不要忘记宏观图片！美国通货膨胀数据（7月15日）和生产商价格指数数据（7月16日）可能会对加密货币市场产生重大影响。疲软的劳动数据通常会鼓励投资者预见美联储的货币政策更加贫穷，这可能会推动比特币和山寨币的价格。相反，强劲的就业增长可能表明政策更紧密，这通常会对加密货币施加向下压力。美国政府于7月3日发布了劳动力市场报告。就业状况报告显示，6月增加了大约12万个新工作。失业率可能从上个月的4.0％上升到4.3％。

Binance Delistings: A Word of Caution

Binance Delistings：一个谨慎的话

Binance delisted ALPHA (Stella), BSW (Biswap), KMD (Komodo), LEVER (LeverFi), and LTO Network (LTO) from its spot trading platform on July 4th. Delistings often trigger sell-offs, so it's crucial to stay informed about these announcements and manage your holdings accordingly.

Binance于7月4日从其现货交易平台出发了Alpha（Stella），BSW（BISWAP），KMD（KOMODO），LEVER（LEVERFI）和LTO Network（LTO）。脱颖而出通常会引发抛售，因此至关重要的是要了解这些公告并相应地管理您的股份。

Market Sentiment: A Tug of War

市场情绪：一场战争

Recent market behavior has been characterized by sideways trading, with Bitcoin holding steady and Ethereum experiencing slight dips. The Fear and Greed Index remains in "greed" territory, suggesting underlying optimism despite the consolidation. The Altcoin Index, however, indicates continued weakness in altcoins relative to Bitcoin.

最近的市场行为是侧向交易的特征，比特币保持稳定和以太坊略有下降。恐惧和贪婪的指数仍然存在于“贪婪”领土上，表明尽管有巩固，但仍在乐观。但是，AltCoin指数表明，相对于比特币，AltCoins的持续弱点。

Final Thoughts: Keep Your Eyes Peeled!

最后的想法：睁大眼睛！

July's crypto events will provide major tradable swings. Whether these swings are to the upside or downside is yet to be seen. It's going to be a month of high volatility, so keep your eyes peeled, do your own research, and maybe keep a little extra coffee on hand. Who knows, we might just see the next big bull run take off!

七月的加密活动将提供主要可交易的波动。这些波动是否在上行或下行方面尚待看到。这将是一个月的波动性，因此请保持眼睛剥落，进行研究，并可能还要额外的咖啡。谁知道，我们可能只会看到下一个大公牛跑步！