The market is showing multiple positive factors, optimistic about the future

1. Capital Situation

In the past 24 hours, the supply of USDT has remained basically unchanged, while the supply of USDC has increased from 44.47 billion yesterday to 45.37 billion currently, an increase of 900 million. The supply of USDC has further accelerated.

The negative impact of MICA on the capital situation in the crypto market is beginning to weaken, and the capital situation in the crypto market continues to improve.

2. ETF Buying

Bitcoin ETF: Yesterday, the net inflow from FBTC + ARKB + BITB + BTC totaled $650 million, a fivefold increase compared to the previous trading day's $108 million.

Ethereum ETF: Yesterday, the net inflow from FETH + ETHW + ETH totaled $66.1 million, a significant improvement compared to the previous trading day's net outflow of $56.1 million.

ETF buying has shown a clear strengthening.

3. U.S. Buying

The discount rate for Bitcoin on Coinbase has narrowed from over 0.2% two days ago to the current 0.03%. After a half-month of sluggishness, U.S. buying is also showing signs of recovery.

4. Market Sentiment

Funding rates and stablecoin lending rates are still at low levels, and there is still significant potential for market buying, which is conducive to continued market growth.

Overall, positive factors are beginning to dominate the market, and there is optimism about the market's subsequent performance.