1. Data comparison and analysis

Today, the market rebounded, and risk appetite increased significantly. The proportion of altcoins gradually increased, but the overall volume was still shrinking. Market sentiment was more optimistic than on Monday.

From the stablecoin data, the total market value of stablecoins in the market decreased by 800 million in a single day, which is the largest single-day market value drop in recent times. The current total amount is 173 billion. Specifically:

• In terms of USDT, the official website data showed a decrease of 37 million from yesterday, and the data website showed that its market value decreased by 115 million. At the same time, the trading volume increased by 13.2%, which means that although a small part of the funds left the market, Asian and European funds showed an active buying trend.

• USDC official website data decreased by 712 million, and the trading volume increased by 36.8%. It can be seen that the funds in the US area both flowed out and bought, forming a turnover situation.

2. Summary and Outlook

On the second trading day of this week, the market activity gradually increased. The funds fluctuated greatly and were in a game. Some people bought optimistically and some people left the market temporarily. We need to pay close attention to whether the US stock market can continue to drive BTC up and further boost the market. Specific data can be obtained on the official website on Saturday to gain a more accurate insight into market dynamics. #鲍威尔谈话后市场调整降息预期 #非农就业数据即将公布