Institutional investors' sustained inflows into Bitcoin ETFs and major financial institutions' blockchain investments are bolstering market confidence. Potential regulatory risks are indicated by the EU's consideration of stablecoin sanctions and the stance of the Indian government. Advancements in tokenization signal market diversification and maturation. While short-term volatility is anticipated, the foundations for medium- to long-term growth are being established, resulting in an overall market bias of "Neutral".

Fundamental Analysis * Bitcoin ETF Options Trading Expands in the US The expansion of options trading for Bitcoin ETFs in the US, spurred by regulatory easing from the SEC, is facilitating institutional investor participation and potentially stabilizing Bitcoin prices. Growth in the options market is expected to enhance liquidity and curb volatility, attracting new capital inflows that could support mid-to-long-term price appreciation. * NYSE Parent Company Invests $2 Billion in Polymarket Increased involvement from major financial institutions in the digital asset market enhances its credibility and legitimacy. Investment in prediction markets, specifically, signals potential for novel financial products and may drive capital inflows into related projects. This move deepens integration with broader traditional financial markets, contributing to the overall maturation of the crypto ecosystem. * EU Considers Sanctions on Ruble-Linked Stablecoin A7A5 The EU's consideration of sanctions against the Russia ruble-linked stablecoin A7A5 indicates a trend towards stricter international regulation. Pressure on non-dollar-pegged stablecoins underscores the importance of market decentralization and regulatory compliance. If imposed, these sanctions could impact similar stablecoins and related regions, requiring market participants to reassess regulatory risks. * BNY Mellon Explores $2.5 Trillion Payment Network Using Tokenized Deposits The exploration by BNY Mellon, a major custodian bank, into leveraging blockchain technology for a payment network signals a significant push towards tokenization by institutional investors. This initiative promises enhanced payment efficiency and cost reduction, potentially accelerating the tokenization of Real-World Assets (RWAs). Consequently, it could boost liquidity and create new use cases within the crypto market. * Indian Government Skeptical of 'Unbacked Cryptocurrencies,' Prepares RBI-Led Digital Rupee Plan The cautious stance of the Indian government towards unbacked cryptocurrencies, concurrent with its preparation for an RBI-led central bank digital currency (CBDC), signals a potential regulatory direction. This suggests a preference for centrally manageable digital assets, which might have limited direct impact on decentralized cryptocurrencies but could significantly influence the domestic crypto market. * Bitcoin ETF Inflows Record Second-Largest Ever Sustained, significant inflows into Bitcoin ETFs demonstrate robust institutional demand for Bitcoin. This serves as a key price support factor, potentially propelling the asset towards new all-time highs. The continued maturation of the ETF market is expected to further enhance Bitcoin's liquidity and mainstream adoption. * Streamex Launches Presale for Gold-Backed Stablecoin The emergence of a gold-backed stablecoin by Streamex signifies a diversification of crypto assets as a store of value. By potentially attracting demand for inflation hedging and safe-haven assets, it may appeal to new investor demographics. This development fosters innovation within the stablecoin market and could enable applications across a wider range of financial products. Overall Summary The substantial inflows into Bitcoin ETFs and investments by major financial institutions highlight growing institutional confidence and interest in the crypto market. Conversely, the EU's potential sanctions on stablecoins and the Indian government's skeptical approach underscore prevailing regulatory risks. While these factors may contribute to short-term volatility, they are collectively laying the groundwork for the long-term maturation and growth of the digital asset market.

* The EU's consideration of potential sanctions on stablecoins, coupled with the Indian government's skeptical stance, signals a growing risk of global regulatory tightening. * A price drop of 7.28% and a breach below the lower Bollinger Band indicate that short-term downward pressure may persist. * The critical support lies at the recent low of $28. A break below this level could lead to a further drop towards $25. * Regulatory developments and macroeconomic factors continue to exacerbate downside risks.

In the short term (24-48 hours), we anticipate a limited rebound or sideways movement, indicated by oversold conditions on the RSI and a breach of the lower Bollinger Band. However, the 7.28% decline suggests selling pressure, and volatility is likely to persist. In the medium term (over the next week), sustained inflows into BTC ETFs, provided regulatory risks remain moderate, could target a recovery towards $31. Key catalysts to watch will be regulatory developments in the EU and India, along with news surrounding tokenization initiatives by major financial institutions.

**Conclusion:** Technically, the AVAX market is currently exhibiting weakness and high volatility. The Relative Strength Index (RSI) is positioned near the lower boundary of the neutral zone, and the price is trading below the lower Bollinger Band. This suggests the possibility of continued short-term downward pressure or oversold conditions. However, from a fundamental perspective, increasing institutional engagement in the cryptocurrency space, evidenced by sustained inflows into Bitcoin ETFs and investments in blockchain technology by major financial institutions, forms a strong foundation for medium-to-long-term market growth and credibility. Regulatory risks, including the EU's potential sanctions on stablecoins and the Indian government's cautious approach, may cause short-term price fluctuations but should be considered part of the broader market maturation process. Therefore, our overall investment judgment is neutral to slightly bearish in the short term, while maintaining a bullish outlook for the medium to long term. For a specific action plan, it is prudent to establish entry points after confirming price stabilization in the $27-$28 support range, or alternatively, by targeting a short-term rebound. Recommended take-profit targets are $31 for the short term and $33-$35 for the medium term. From a risk management standpoint, setting stop-loss levels below $27 or approximately 5% from the entry price is advised. Crucial inflection points this week involve either a decisive break above $31 or the maintenance of support at $28. Continuous monitoring of regulatory news is essential, requiring flexible responses in alignment with market sentiment. Following these strategies will pave the way for steady asset growth.