05/31 Market Analysis
🐮Flow Analysis
The pie is still being washed continuously, and the washing range is always 1000-2000 points. For grid users, a chicken drumstick is added to dinner, for contract users, the price remains unchanged and the positions are missing, and for spot users, they are confused.
At present, the meme market is gradually cooling down. According to the news, s-1 applications have also begun to be carried out. Therefore, in terms of liquidity, there is a high probability that the ETH system will return to the ETH system again. Therefore, I think the odds of chips switching to the Ethereum system are relatively high.
😧Sentiment Analysis
From the tariffs, we can also see that the tariffs related to memes have all turned empty or at neutral levels, which once again verifies the observation just now, and because it is now dominated by "sector rotation", the main focus is on "Ether" and "Football"
Ether system: $ena $ethfi $ldo $crv $op $strk $arb and other relatively tight Ether tracks and L2
Football: $chz $santo $city and other fan tokens can be used for reference
🤩Follow today
1. From the short-term long-short ratio, we can see that market sentiment has increased significantly, so there is room for correction in the long-short ratio.
2. Yesterday, ETFs were also dominated by net inflows, and they continued to have purchasing power to intervene.
3. Yesterday, Musk and Trump had an exchange about cryptocurrency. Therefore, I think election policies will have a positive effect on the currency circle before the official election.
4. The core PCE price index will be released at 20:30 today, so please pay attention to the risks of data release.
Analysis group: discord.gg/hrh78WfYvp
