Let the data speak:

The oversold rebound of altcoins on Saturday remained strong, U.S. funds returned, and Asian fund outflows decreased!

market Overview:

Market capitalization:#BTC/#ETHThe market value of altcoins has increased, and altcoins have rebounded the most significantly, with a single-day increase of 0.48%. In contrast, both Bitcoin and Ethereum’s shares have declined.

Trading volume:

Volume was down from Friday, which is normal during trading hours that span Saturday. Altcoins saw the smallest decrease in trading volume, while Bitcoin saw the largest decrease.

liquidity:

Stablecoin: Market value increased by 200 million.

USDT: Data shows that the market value decreased by 228 million, and the total amount on the chain was 112.223 billion, a decrease of 68 million compared to yesterday. Although USDT continues to outflow, the extent of outflows decreased over the weekend, and some funds participated in bargain hunting, resulting in a decrease in market value.

USDC: A single-day increase of 521 million. Official website data shows that as of July 4, the increase was 200 million in one week and 400 million in one month, indicating that the market value of USDC continued to increase this week. Not all of today's increase came from inflows, but part of it came from funds retained after the end of floor trading.

Summarize:

Market sentiment has improved, and altcoins have rebounded rapidly from oversold prices. Future trends will depend on next Monday's performance. The Asian market is under heavy selling pressure, USDT continues to outflow, and we hope to see improvement next week. U.S. funds began to flow back, reflecting the positive impact of new highs in U.S. stocks on the crypto market.

Outlook:

Look for the selling pressure to stop in Asia on Monday and for the market to continue its positive trend.

PS: This article is a typesetting that I used AI to streamline based on my original content and then adjusted it based on my personal style. This may be more streamlined and easier to read. Please leave your comments.

#BTC走勢分析 #ETH🔥🔥🔥🔥 $BTC