Bitcoin and Ethereum Rising Strongly… Ripple is in a Mixed Rise

As of July 28th, major cryptocurrencies are continuing a positive trend. Bit is currently at $119,369.05 (approximately 164 million won), showing a 0.9% increase over the past 24 hours and maintaining a stable upward trajectory. The 30-day volatility is 11.23%, and the 90-day cumulative increase is 26.55%, solidifying its medium to long-term upward trend. This gradual increase has been providing a sense of stability to the market. In comparison, ETH is leading a stronger upward trend. Its current price is $3,933.6 (approximately 5.42 million won), up 3.69% from 24 hours ago. It has increased 4.26% over 7 days and a remarkable 62.18% over 30 days, becoming one of the market's most notable assets. Particularly, the steep 119.01% increase over 90 days reflects investors' expectations for ETH. This trend seems to stem from a renewed focus on its technical value as a platform-based cryptocurrency. Meanwhile, Ripple is showing a somewhat mixed trend. Its current price is $3.29 (approximately 4,534 won), up 1.98% in 24 hours but down 5.96% over 7 days. However, looking at the 30-day range, it has risen 50.46%, still demonstrating strong performance in the medium to long-term structure. This volatility indicates that Ripple's investment sentiment can easily be swayed by regulatory uncertainties and the progress of associated projects. The recent strong market recovery is particularly notable in the Non-Fungible Token (NFT) market. The representative NFT collection CryptoPunks recorded a 590% sales increase, with some digital assets like Fuzzy Penguin and Ethena maintaining strong momentum. This suggests a restoration of trust in ETH-based assets and expectations for an "ETH season". Overall, the market is forming a positive momentum, but short-term fatigue and caution also coexist. With significant macro events like the FOMC meeting and potential SEC approval of the BitWise spot ETF approaching, flexible responses to potential volatility are required.