Daily Report NO.052|May 7
1. $BTC etf. On May 6, etf had a net inflow of 217 million US dollars, with a total net inflow of 3391.26 BTC, which is positive.
2. Sentiment index, FGI, 68, sentiment is rising.
3. BTC has 53 large transfers on the chain, which is extremely bearish; $ETH has 35 large transfers on the chain, which is extremely bearish.
4. The total TVL on the chain is 93.18B, down 1.24% in 24 hours
5. At present, the BTC market: 6H, 12H shorts continue to weaken, which is good for the long direction. 1H, intraday range oscillation, 62924-63600 range.
Intraday direction: long.
Intraday pressure level: 63864, 65700
Intraday support level: 62966, 62705