The United States market experienced a clear rebound of encrypted assets on weekends during the holiday break. Bitcoin is back on its feet at $63,000, with major coins such as Taifung, Solana and others increasing even more, and the overall market performance is becoming stronger, as well as the risk preference for continued pre-term pressure being repaired.

The general recovery in major assets

In terms of weekly performance, bitcoin rose by about 5 per cent, returning to over $63,000. It rose to about US$ 1770, with a weekly increase of about 12 per cent; and Solana to US$ 81, with an increase of about 11 per cent. Two-digit increases were recorded during the same period in coins such as HYPE and ZEC.

The wider market also warms up. The CMC20 index for tracking pre-20 large encrypted assets increased by about 9%. Some of the small and medium market value tokens increased even more, with the LIT, led by the Robinhood integration, increasing at one point by about 44 per cent and reaching a high level.

Improved ETF financial flows

Behind the rebound, changes in the financial landscape are the focus of market attention. The report mentions that employment data in the United States in June were weaker than expected, with only 57,000 new non-farm jobs, lower than the market estimate of approximately 113,000, de-escalating concerns and supporting risk assets.

However, the more direct driving factor is the shift in ETF financial flows. The spot bitcoin ETF recorded a net inflow of approximately $223.5 million on 2 July after the cumulative net outflow of more than $4 billion in June. The ETF also achieved two consecutive days of net inflows of about $15 million and $29 million on 1 and 2 July, respectively.

This, according to the report, meant that for the first time, there were clearer signs of abating the pressure on institutions that had previously dominated the fall of the market. While a one-day or two-day turn-off will not be sufficient to completely reverse the overall outflow of June, the shift in the direction of funds has become an important underpinning of the short-line rebound.

The miner's stress was repaired in tandem with the stock.

Bitcoin had fallen to $57.95 million in early July, 21 months low, before the current round rebounded. At the same time, it was mentioned that during the ETF ' s continuous outflow, the whale address accumulated some $16.7 billion in bitcoin over a period of two weeks, a departure that had occurred in the past near the bottom of several stages.

The miner pressure indicator is also at a historically low level. Citing data, it is stated that Miner Cycle Stress Company has fallen into an “underestimation” zone, and similar levels have occurred in the past near important lows in 2015, 2018, 2020, 2022 and 2024.

Bitcoin-related stocks and products also rebounded. STRC increased by about 21 per cent in the week to around US$ 87.87; MSTR also rebounded by about 21 per cent during the same period, repositioning to $100.

The market is going to focus on sustainability.

On the whole, the increase in the amount of the mountain coins that won bitcoin is usually seen as a sign of a return to risk preferences. Doge, SHIB, PEPE, BONK, and others also experienced a general increase in Meme coins during the week.

However, the market is then more concerned about the sustainability of this round of ETF-led rebound following a return to normal trading and overall liquidity in the United States market. If the flow of funds continues to improve, short-term emotional recovery or further confirmation will take place.