Weekly review of the crypto market (4.7-4.13) Tariffs hit the market, SOL received PayPal support
Reprinted from panewslab
04/15/2025·10DA. Market perspective
1. Macro liquidity
Money liquidity improves. The chaotic implementation of Trump's tariff policy, regardless of the final outcome, has quickly weakened market confidence in the U.S. economy and may continue to disrupt the market in the next three months. US bonds and the US dollar have also returned to a spiral decline, and the historic surge in US stocks mostly occurred in the middle of the bear market. The crypto market follows fierce turmoil in the U.S. stock market.
2. The whole market
Top 300 market value increase list:
This week, BTC rebounded oversold, and small coins were removed from the shelves and plummeted. The market lacks main hot spots.
Top 5 gains
|
Increase
|
Top 5 losses
|
Decline
---|---|---|---
XCN
|
110%
|
BERA
|
40%
FARTCOIN
|
100%
|
EOS
|
20%
GAS
|
60%
|
MEW
|
20%
LAYER
|
40%
|
W
|
20%
UXLINK
|
30%
|
NEAR
|
20%
- BERA: Defi public chain fell below a new low and fell below the long-term volatile support level. Stablecoins on-chain fell by $300 million in the past week.
- FARTCOIN: It is the meme coin on SOL chain, which rose several times against the market bottom, and is the leader of this round of rebound.
- BABY: It is the leader in BTC ecological pledge, and its market value after the Shanghai Stock Exchange returns to the last round of institutional investment of US$800 million. The re-pled track was falsified.
3. On-chain data
Capital inflows in the BTC market have stalled. Liquidity shrinks rapidly, and the altcoin market value depreciates from $1 trillion to $600 billion at the end of 24. The decline seems to be universal, with all sectors experiencing a significant depreciation.
Institutional funds have been released in a small net outflow, and panic has occurred in the global market.
The market value of stablecoins has declined slightly, and investors have obvious risk aversion.
The long-term trend indicator MVRV-ZScore uses the total market cost as the basis to reflect the overall market profit status. When the indicator is greater than 6, it is the top range; when the indicator is less than 2, it is the bottom range. MVRV fell below key level 1, and holders were generally in a loss state. The current indicator is 1.6, close to the bottom range.
4. Futures Quotes
Futures Fund Rate: The weekly rate is 0.00% low. The fee rate is 0.05-0.1%, with more long leverage, which is the short-term top of the market; the fee rate is -0.1-0%, with more short leverage, which is the short-term bottom of the market.
Futures positions: BTC positions continued to decline this week, and the main players of the market left the market.
Futures long-short ratio: 1.9, market sentiment greedy. Retail investors' sentiment is mostly reverse indicators, with fear below 0.7 and greedy above 2.0. The long-short data fluctuates greatly, and the reference significance is weakened.
5. Spot market
BTC is turbulent this week, with altcoins lacking new narratives. Affected by the intensified uncertainty of the US tariff system, pressure on global financial markets continues to intensify. This weakness has spread to almost all asset classes, and the crypto asset market is also deeply trapped in a bear market and is hard to survive.
