币界网报道：Crypto markets declined slightly on Thursday amid macroeconomic uncertainty and reduced volatility, with Bitcoin trading near $104,700 (down 1.2%) and Ether below $2,860 (down 1.8%). The subdued movement follows the Fed's unchanged rates but cautious inflation stance. Analysts note historically low June-July activity, with BTC implied volatility dropping below 40% and option markets favoring puts, indicating short-term hedging. LMAX Group strategist Joel Kruger maintains a bullish outlook, suggesting BTC could target $145,000 if it breaks recent highs, while Ether may challenge $3,400 upon clearing $2,900. The U.S. Senate's stablecoin framework approval signals regulatory progress, boosting institutional confidence. However, near-term factors like month-end rebalancing may keep BTC range-bound between $102,000-$108,000. Kruger anticipates a stronger second half, warning the next rally "could catch many off guard."