✨ Semi-Mountain KOL Club This Week’s Recommended Projects #116 This week’s recommended projects to follow: $EUL, $KAITO, $ZAMA. The Fed’s FOMC meeting from July 28 to 29 is currently underway, with market attention focused on interest rate decisions and future monetary policy direction. After a prior correction, Bitcoin has held support near $64,000 and subsequently rebounded slightly, rising approximately 1% in the last 24 hours with trading volume exceeding $23 billion. As market risk appetite recovers, Ethereum has gained over 2%, with capital beginning to rotate among major crypto assets. Market sentiment has improved compared to the previous day, though leverage liquidation risks remain. Previously pressured by declines in U.S. semiconductor stocks and a pullback in South Korea’s KOSPI index, global risk assets faced headwinds, causing Bitcoin to briefly drop below $64,000, triggering nearly $100 million in total market liquidations within an hour—primarily from leveraged long positions. This volatility once again highlights Bitcoin’s correlation with traditional markets, yet BTC has demonstrated greater resilience compared to tech stocks. Meanwhile, long-term holders continue accumulating, and institutions still view Bitcoin as a critical hedge against macroeconomic risks. As Wall Street institutions and traditional financial firms accelerate their blockchain initiatives, tokenized bonds and on-chain settlement applications continue to develop, further reinforcing Bitcoin’s role as a store of value. Ethereum, supported by growing staking volumes and a robust DeFi ecosystem, remains a key entry point for institutions exploring on-chain finance. Additionally, the use of stablecoins in emerging market payments and fund transfers continues to expand, signaling that crypto assets are increasingly integrating into the global financial system. #cryptocurrency #BTC #ETH #Euler #Kaito #Zama