Let the data speak: Before CPI, the market remained silent and wait-and-see sentiment was strong. Can the result meet expectations?
Tonight is the game day for this week's core economic data. Let's record the market data before the data is released. Bold assumptions, cautious analysis, welcome to Uncle Cat's encryption "channel"
Market value:
So far, the total market value has increased by only 4 billion, and the market value of Bitcoin has decreased compared with yesterday. The increase came from Ethereum and the cottage market.
In terms of proportion,#BTCdecreased by 0.2%, and the proportion shifted to #ETH. With the end of this week, Ethereum's ETF sentiment made Ethereum begin to become strong, and the cottage remained stable.
Trading volume:
Compared with yesterday's trading volume, the trading volume of Bitcoin and cottage decreased, while the trading volume of Ethereum increased slightly.
Funds:
The total market value of stablecoins increased by 200 million,
The market value of USDT data website increased by 17 million, and the current data of the official website is 1122.59, which is consistent with yesterday. USDT inflows have been suspended, and the trading volume has fallen by 20.4%, and the wait-and-see sentiment is strong.
The market value of USDC data website increased by 110 million. This week, USDC continued to increase in market value, and the trading volume increased by 0.04%. For the increase in USDC market value, I still maintain that it mainly comes from the inflow from the over-the-counter market and the retention of the end of the transaction on the market. In short, the funds retained in the US market are also waiting for the market trend to get a signal. If it is good, buy directly, and if it is bad, leave the market. This Saturday, all USDC value increase and decrease data as of the 10th will be obtained through the official website.
Summary:
Today's data does not have too many points to pay attention to, just as a record, the overall market sentiment is still waiting, and what can be waited for now is tonight's CPI and Ethereum's ETF. The market is still dominated by wait-and-see sentiment.
