4E: ETH breaks through $3,100, institutions and policies work together to promote market sentiment

On July 16, according to 4E observation, as of 16:00 on July 16, 2025 (UTC + 8), Bitcoin (BTC) was quoted at $117,856, an increase of about 0.68% in 24 hours; Ethereum (ETH) was quoted at $3,139, an increase of about 5.38%. In the past 72 hours, BTC has stabilized in the 117k-118k range, and ETH has performed more strongly. After breaking through $3,100, it continued to rise.
In terms of capital flow, the VanEck HODL Bitcoin ETF has a net inflow of about 19 million US dollars in a single day, and the market still favors compliance investment products. At the same time, institutional movements are frequent: SharpLink Gaming has added more than 75,000 ETH, and has accumulated more than 280,000 ETH at the end of this period, becoming the world's largest enterprise ETH holder, betting on the Ethereum "micro-strategy" model.
At the policy level, the House "Crypto Week" policy plan continues to ferment, including "CLARITY", "GENIUS" and other bills will be advanced in multiple hearings, focusing on stablecoins, custody, CBDC supervision and other important areas. At the same time, the US core CPI is lower than expected, once again exacerbating the Federal Reserve's interest rate cut expectations, or providing macro endorsement for crypto assets.
Driven by both institutions and policies, the market structure is becoming increasingly solid. Although there may still be shocks in the short term due to macro and regulatory dynamics, the overall capital trend is positive. 4E reminds investors that while capital layout is carried out in an orderly manner, they should be vigilant against short-term risks caused by policy rhythm and price fluctuations and set up protective strategies.