Interpretation of today's market data:#CPInight did not bring about large data fluctuations, capital inflows were suspended, data and disk performance diverged, and capital activity was not high!
Yesterday's record came from the eve of the CPI announcement. Today we will compare the market data after the CPI.
The market value increased slightly, and the main increase came from #BTC☀ cottages.#ETHperformed mediocre and relatively bleak. The market share was also a small increase in BTC cottages, and the activity of cottages was higher than ETH.
The trading volume did not explode and increased slightly. The rise and fall last night did not bring more trading volume turnover, and the market participation was still low.
Funds:
The stable currency on the market increased by 100 million, and currently maintained at 171.4 billion.
USDT: The official website data is 118.377 billion, an increase of 1 million compared to yesterday. The basic data stopped inflow, and the trading volume increased by 6.22%. The funds in the Asian and European markets remained relatively stable.
USDC: The data website shows that the market value increased by 11 million, which is not obvious, but it still maintains a significant inflow. At the same time, there should be funds directly flowing into the US trading last night, and the trading volume increased by 14% year-on-year, which is active compared with the Asian and European markets.
Summary:
Through data comparison, the overall market attention of last night's CPI was not high, and the inflow of funds was also temporarily suspended. Although the market still maintained sufficient capital reserves, the slowdown in capital inflow also represents low sentiment.
Especially in the Asian and European market, although there was no selling pressure during the day, but a slight increase, in fact, not much funds were actually bought.
Although the market is expected to break through, the overall performance of the market data is a bit unsatisfactory. To be honest, the current capital activity is far less active than when the BTC price was below 55,000.
It seems that there are still many people waiting for the opportunity, and a short-term breakthrough may not activate them to buy.
