Crypto Market Weekly Review and Outlook

Market Overview

In the past week (2025.05.12-2025.05.18), the crypto market showed an overall positive trend. Bitcoin ETFs recorded net inflows for the fourth consecutive week, totaling $608 million. Over the past month, the total inflow into Bitcoin ETFs reached as high as $6.368 billion, and this continued trend of capital inflow indicates that investors remain optimistic about the market outlook.

The price of Bitcoin reached a high of $107,000 this week, with the potential to set a new historical high soon. Currently, Bitcoin's market share remains stable at over 60%, demonstrating its strong dominance. In terms of market sentiment indicators, the Fear and Greed Index continues to hover around 70, reflecting that market sentiment is in a state of greed.

The Ethereum ETF saw a net inflow of $41.8 million last week, but its price performance was relatively muted, fluctuating in the range of $2,400 to $2,700. The exchange rate of Ethereum against Bitcoin briefly touched a high of 0.025 before retreating, currently reported at 0.023. The market share of Ethereum has dropped from a high of 9.4% to around 8.8%. From a technical perspective, $2,700 has become an important resistance level for Ethereum in the short term.

Performance of Popular Cryptocurrencies

Tokens that performed well this week include MOODENG, LABUBU, LAUNCHCOIN, KTA, and PATAKE. Among them, MOODENG saw an increase of up to 92261.01% within the week, reaching a peak price of 0.002446 USDT. LAUNCHCOIN increased by 1247.22%, with a peak price of 0.2907 USDT, and a current market value of approximately 200 million US dollars. KTA also recorded a 95.22% increase.

Overview of the U.S. Financial Markets

The US stock market rose broadly last week, with all three major indices closing higher. The Dow Jones Industrial Average and the S&P 500 rose by 3.4% and 5.3%, respectively, while the Nasdaq Composite surged by 7.2%. The S&P 500 and Nasdaq indices have fully recovered from the sell-off in early April and have maintained an upward trend year-to-date.

In the coming week, the market will continue to focus on the development of tariff policies. In terms of economic data, manufacturing activity data and weekly initial jobless claims data will be in the spotlight. Notably, the United States will announce the initial jobless claims for the week ending May 17 at 20:30 (Beijing time) on May 22.

Popular Sector Analysis

The Meme coin sector has shown impressive performance, with tokens like NEIRO, MOODENG, and GOAT experiencing significant increases. In the current rebound market, funds are more inclined to flow into popular Meme coins with better liquidity. Among them, MOODENG has seen a maximum increase of over 10 times in the past month, making it one of the best-performing Meme coins during the same period. At the beginning of May, multiple trading platforms announced the listing of MOODENG, further stimulating its demand.

The AI sector has also attracted attention, with tokens like VIRTUAL, GRIFFAIN, and AVAAI experiencing increases. As an important narrative connecting encryption and the mainstream world, the AI-related sector has generally outperformed other sectors in the market over the past two years.

Upcoming Unlocking Projects

Polyhedra Network (ZKJ) will unlock approximately 15.53 million tokens on May 19 at 8 AM (Beijing Time), accounting for 5.3% of the current circulation, valued at approximately $32.3 million.

Pyth Network (PYTH) will unlock approximately 2.13 billion tokens at 10 PM (Beijing time) on May 19, accounting for 58.62% of the current circulating supply, valued at approximately $338 million.

Risk Warning

Investors should recognize that cryptocurrency investments are highly speculative and carry significant risk of loss. Past performance is not indicative of future results. The value of digital currencies can be highly volatile, and investors should thoroughly assess their risk tolerance when trading or holding digital currencies, making prudent decisions based on their individual investment goals and financial situation.