Views on market base points

1. The 24-hour trading volume of Bitcoin in the entire network is 39 billion, and that of Ethereum is 15.9 billion, which is nearly doubled compared with last month, indicating the entry of big players! The number of Bitcoins in the entire network exchange is 2.34 million Bitcoins, which is about 930,000 less than last month. The net outflow of Bitcoin is also increasing, which means that big players buy coins and withdraw them to their own accounts!

2. A 50 basis point interest rate cut means that the US economy is likely to decline, and market funds will withdraw from risky assets on a large scale for risk hedging, such as gold!

3. The volatility of Bitcoin options continues to fall, which means that investors' buying and selling sentiment is not very strong. When the decline to a certain extent will cause a price breakthrough, it is often accompanied by a market reversal!

4. The increase in exchange lending leverage indicates that the market's sentiment to borrow U to buy coins is higher!