Daily Report NO.057｜May 14
1. $BTC etf. On May 13, etf had a net inflow of 65.96 million US dollars.
2. Sentiment index, FGI, 66, market sentiment is rising.
3. BTC has 33 large transfers on the chain, which is extremely bearish; $ETH has 217 large transfers on the chain, which is extremely bearish.
4. The total TVL on the chain is 90.84B, up 0.32% in 24 hours
5. Current BTC market:
1W: Bulls are weak; the conditions for bulls to stand firm are to stand firm at 62690.
1D: Bears continue, and the range fluctuates. Stand firm on the short moving average, bears weaken, break the long moving average, and bears continue
6H: Bulls start, and have gone through 2 cycles;
4H, bulls.
1H, bulls weakened
Intraday direction: oscillation, biased towards bulls (first down, then up)
Intraday pressure level: 62522, 64150
Intraday support level: 61969, 61100
