Web3 Daily Report NO.032
1. $BTC etf net outflow, outflow amount of 58.03 million US dollars, a total of 914.93BTC. Negative
2. The total market value of cryptocurrencies fell compared with yesterday, and the trading volume rose compared with yesterday.
3. Sentiment index, FGI67, market sentiment is low
4. BTC has 0 large transfers on the chain, non-negative; $ETH has 376 large transfers on the chain, extremely negative.
5. The total TVL on the chain is 86.92B, down 0.06% from yesterday.
6. Current BTC market:
1W cycle: longs are normal, 1D cycle long end, continuation, big support 57600;
12H cycle: shorts are normal, strengthened, prices break the long moving average; 6H, shorts are normal, 4H, shorts are normal, waiting for secondary short acceleration; 1H shorts turn to longs.
Intraday direction: oscillate downward, with a high probability of a bullish breakthrough first, to the pressure level, just like yesterday, a 4H bearish acceleration market
Intraday pressure level: 64911, 66780
Intraday support level: 61894, 59580
The interpretation of the daily report is only for sharing and communication, and does not constitute any investment advice