Let the data speak: Nvidia rebounds, and the siphon effect continues? What does the surge in the single-day trading volume of cottages mean?

Today's data is basically not much different from yesterday. The market value change between yesterday and today is only 4 billion, and the market share has not changed, so our focus today is still the cottage market.

In yesterday's article, I jokingly called the rebound of cottages a "peasant uprising". Yesterday, I thought that the short-term rebound of cottages was a stage from emotional squeeze to explosion. If there is a need to rise in the future, it still depends on the "time" of the macro economy and the situation of the main forces such as Bitcoin and Ethereum. So, today's data will verify whether our views are correct.

Through data comparison, today's cottage market market value is slightly higher than yesterday's 300 million, which is basically the same, indicating that the overall rise and fall of cottages is not large, but the key point is that cottages account for the vast majority of today's trading volume, up to 70% of the trading volume, Bitcoin and Ethereum's trading volume are both decreasing, but the overall cottage trading volume is increasing.

Under the premise that the market value of the cottage market has not changed much, the increase in trading volume indicates that the long-short game in the cottage market has intensified compared with yesterday. Yesterday's cottage market was an outbreak of bulls and a weakening of bearish sentiment, but it was similar to my expectations. "After the passion, how can the mood be stable?" After the outbreak, the market still found that there was a lack of momentum for growth, and liquidity funds were still a problem.

Yesterday, Nvidia closed up 6.76%, and continued to rise before the market opened today. The market siphoning effect of Nvidia in the US stock market and technology stocks continued to be released. If technology stocks siphon again, will the liquidity of the crypto market be withdrawn again?

In terms of funds in the crypto market today, the market value of stablecoins increased by 300 million, USDT increased slightly by 26 million, and the market value of USDC increased significantly by 364 million. The time of attention to the inflow of funds is from about 12 am to about 7 am. The US funds temporarily returned to the market. This is a good thing. I just hope that the US funds that are used to flowing back and forth can continue to flow in, instead of flowing out again. This is a good thing for market sentiment.