【Blockchain Brief 0407】
I. Market trend:
1. Short-term support level 68747,
2. Short-term pressure level 70941
3. Medium-term support level 65822, 62896
4. Medium-term pressure level 73135
5. On-chain data shows that the strength of the tray has been steadily rising, the selling pressure has been further reduced, and the market sentiment is more boosted than yesterday. The inflow of ETFs is also getting stronger step by step.
6.#BTC#ETH The long and short forces have been balanced in terms of sentiment. The next question is when to make efforts to pull up. In the case of preventing the occurrence of black swans, the rise is expected, and the pressure of the callback of#ETHin two weeks still exists.
7. The bottoming out of the#BTC#ETH contract holdings has been completed, and the bullish situation has been formed. The lending rate and funding rate have not yet risen. This is a very good accumulation of momentum before the outbreak.
2. Macroeconomic data:
1. US dollar index: finally closed down 0.02% at 104.22
2. Treasury bond prices: 10-year US Treasury yields once fell close to the 4.3% mark, and finally closed at 4.317%. The 2-year US Treasury yield, which is most sensitive to the Fed's policy rate, closed at 4.658%
3. Gold price: closed down 0.38% at $2,290.79 per ounce
4. WTI crude oil: WTI crude oil finally closed up 1.36% at $86.75 per barrel
5. Stock market: Dow closed down 1.35%, S&P 500 fell 1.23%, and Nasdaq fell 1.4%
6. USDCNY: 7.247
7. Rate hike expectations: According to the Fed's interest rate monitor, the probability of maintaining interest rates at 5.25-5.50 in May is 95.2%, and the probability of cutting interest rates to 5.00-5.25 is 4.8%.
8. Cryptocurrency: The overall market value rose by 1.13% to $2.55T, the 24-hour trading volume fell by 38.17% to $60.17B, and the stablecoin market value increased by 2.49% to 150.77B
9. ETH staking: The current staking amount is 31.35METH, and the staking rate is 26.08%
III. 9 ETF holdings data:
Updated on April 5:#Grayscaledecreased by 1,154 $BTC (-77.34 million US dollars) and currently holds 326,859 $BTC (21.9 billion US dollars).#Blackrockincreased by 2,062 $BTC (+138.16 million US dollars) and currently holds 259,381 $BTC (17.38 billion US dollars).
9 ETFs (including #Grayscale) added 3,417 $BTC (+$229 million).
IV. Yesterday's macro news:
1. Fed officials began to intensively release hawkish policies
2. The number of initial jobless claims in the United States last week was 221,000, rising to a new high since the end of January, the number of layoffs hit a new high since January last year, and the trade deficit widened to the largest in nearly a year
