RAY 异动，24H涨 11.72%

According to Lookonchain monitoring, two whales deposited a total of 60 million ENAs worth approximately $30 million into Binance and Bybit about 10 hours ago.

Odaily Planet Daily News: Trader Eugene stated in an article that he has basically closed his ETH long position previously built at $2500, and the current price level of $3800 is the best performance expected within two weeks. He stated that the current market has rapidly shifted from "insufficient holdings" to "overcrowding", with institutional buying increasing significantly in recent days, and the ETH/BTC exchange rate has also reached its mid cycle target level of 0.03. He claimed that he is not good at continuing to chase the rise during the breakthrough stage, so he chose to take profits and leave, and expects that there may be a liquidation correction in the short term, providing an opportunity for the next round of entry. Eugene emphasized that this is a personal opinion and does not constitute investment advice.

BlockBeats News, on July 22nd, economist and cryptocurrency critic Peter Schiff tweeted, "Ethereum is once again approaching the upper edge of its trading range. If you hold some, this is a good time to sell. Although I don't want to admit it, selling Ethereum and exchanging the proceeds for Bitcoin is a better operation than continuing to hold Ethereum

According to BlockBeats, on July 22nd, JPMorgan Chase is exploring the possibility of using customers' cryptocurrency assets as collateral to issue loans, which is another sign that one of the largest banks in the United States is pushing cryptocurrency assets into the mainstream financial system. If this policy is ultimately implemented, it will mark a significant shift in the stance of JPMorgan CEO Damon. Eight years ago, Damon called Bitcoin a "scam" and claimed that it would "eventually collapse" and only be useful for drug dealers and murderers. Insiders revealed that JPMorgan Chase may start accepting cryptocurrencies such as Bitcoin and Ethereum as collateral for direct loan issuance as early as next year, but the plan may still change. JPMorgan Chase declined to comment on this. (Golden Ten)

BlockBeats News: On July 22nd, JackYi, founder of LD Capital, posted on social media that "the bull market rotation law has begun, and mainstream currencies such as XRP, SOL, LTC, UNI have risen first. As long as there are no unexpected events in the US stock market, after the passage of the encryption bill, huge amounts of funds on Wall Street may be concentrated in the market. Although I have tried band trading, most of them "buy high and sell low", resulting in more losses and less profit, like angel investors, feeling tired and losing money. '' Previously reported, JackYi stated that there has always been a pattern of rising prices in the cryptocurrency bull market, with BTC and ETH peaking first, followed by mainstream mid cap tokens such as XRP, LTC, UNI rising, and finally various strength altcoins rising. Investing in some varieties to strive for returns will outperform the big market.