- Market Overview: BTC and ETH both traded sideways this week as market momentum weakened and overall sentiment turned cautious. BTC fluctuated within the $106,000–$112,000 range with noticeably lower trading volume; short-term support levels to watch are $108,000 and $105,000. ETH remained under pressure from the MA20 and MA60, hovering around $3,800 without strong rebound momentum.
- This Week’s Highlights: BlackRock’s BUIDL fund expanded its deployment on Aptos, adding $500 million in tokenized assets to advance the multi-chain RWA ecosystem; Ethereum Foundation Executive Director Hsiao-Wei Wang delivered a keynote at ETHShanghai 2025, outlining Ethereum’s three pillars for mass adoption — self-sovereignty, global settlement, and everyday utility; Solana core development team Anza launched Jetstreamer, a tool enabling over 2.7 million ledger transmissions per second, greatly enhancing data access and developer efficiency.
- Key Data: Spot Bitcoin ETFs recorded three consecutive days of net outflows, totaling approximately $144 million, reflecting short-term cooling in institutional sentiment; Tesla reported an $80 million unrealized gain from its Bitcoin holdings in Q3, bringing its total digital asset value to $1.315 billion; meanwhile, the DeFi total value locked (TVL) remained stable at $220 billion, indicating steady liquidity and ongoing capital redistribution across protocols.
- Next Week to Watch: Major token unlocks include GRASS ($71.94M, 57.6% of circulating supply), XPL ($31.07M, 5.0%), and JUP ($18.37M, 1.7%), which may introduce short-term selling pressure and increased volatility in the market.
Discover more details today → Gate Research: BTC and ETH Consolidate as Crypto ETF Inflows Decline for the Third Consecutive Day
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