Market dynamics and capital changes:

(The data is real-time data. If there are major changes in the market in the short term, the data will be greatly biased)

The current market value is 2.598 trillion, which is 73 billion less than yesterday.

The market value of Bitcoin is 130.89 billion, which is 19.9 billion less than yesterday.

The market value of Ethereum is 391.08 billion, which is 13.92 billion less than yesterday.

The total market value has decreased by 73 billion, Bitcoin and Ethereum have decreased by 33.82 billion, and the rest is the market value decline of 39.18 billion of the altcoins.

Bitcoin accounts for 50.4% of the market, which is 60 basis points higher than yesterday. Ethereum accounts for 15%, which is 20 basis points lower than yesterday. The altcoin accounts for 34.6%, which is 40 basis points lower than yesterday.

In terms of trading volume:

Total trading volume is 124.2 billion, an increase of 17.3 billion compared to yesterday,

Bitcoin is 42.8 billion, an increase of 10.2 billion compared to yesterday,

Ethereum is 18.4 billion, an increase of 4.5 billion compared to yesterday,

Total trading volume of altcoins is 63 billion, an increase of 2.8 billion compared to yesterday,

Funds:

Total funds in the market are 153.9 billion, an increase of 1.4 billion compared to yesterday, and the proportion of funds is 5.94%, an increase of 17 basis points compared to yesterday.

USDT: market value is 106.44 billion, an increase of 20 million US dollars compared to yesterday, trading volume is 68.688 billion, and the trading volume has increased by 14.4%,

USDC: market value is 32.9 billion, a decrease of 100 million US dollars compared to yesterday, trading volume is 11.9 billion, and the trading volume has increased by 7%

Through today's data, we can see that as the market value declines, the decline of altcoins is somewhat obvious. Many tokens have lost their previous gains. In terms of market share, we can see that the share of Bitcoin has increased significantly, while the share of Ethereum and altcoins has decreased significantly, especially in the altcoin market.

However, the trading volume is still incremental. In the current decline, the trading volume has increased, indicating that the market is not simply selling, but also accompanied by the power of bottom-fishing buying. However, the decline of Bitcoin and Ethereum is in a good ratio to the trading volume, but in the altcoin market, the decline is large, but the increase in trading volume is not large. The altcoin is indeed in a pessimistic mood.

In terms of funds, the retained funds in the market increased by 1.4 billion in one day, the off-site funds in Asia flowed in 20 million, and the US funds flowed out 100 million, with a net outflow of about 80 million, that is, 14.800 million of funds left the transaction, of which 80 million flowed out of the market and 1.4 billion remained in the market.

Although the funds were in a state of net outflow, the large amount of funds retained in the market also proved that traders still had certain confidence in the future market.

In terms of data, the overall situation was not optimistic, but of course not pessimistic. In the early morning, the hawkish remarks of the Federal Reserve officials and the decline of the US stock market led to a decrease in the overall market value, but it can be seen that there is still buying power, and the market is not simply pessimistic. At the same time, although the funds were net outflows, the outflow was small, and it is very likely that they will flow back tomorrow. The large amount of funds retained in the market may just be waiting for a suitable opportunity, and this part of the funds will be re-purchased from the market to bring about an increase.

Therefore, the market is currently waiting for an opportunity. As we said earlier this week, as long as the big non-agricultural data on Friday will not change the outcome of this year's interest rate cut, the market will inevitably begin to relax its vigilance and start trading after the negative data appears. Therefore, the market has waited for the results of the data, and the rest is waiting for the risk market and even the market expectations of the US stock market to be adjusted again.

#BTC🔥🔥🔥🔥