BTC market analysis:

1. Friday's non-agricultural data reversed, bringing timely rain to the market. The market began to hype the expectation of interest rate cuts again. After ETFs had net outflows for 7 consecutive trading days, they finally attracted net inflows, interpreting a wave of leeks operations of chasing ups and downs. Don't fomo or panic in the market, and make reasonable operations at the right position.

2. When the market fell, ETH, SOL and various altcoins showed good resilience, but when the market rebounded, their demand did not increase synchronously, often leading to a situation of following the decline but not the rise. In this market environment, it is a more prudent strategy to give priority to spot operations, and for contract trading, you should wait until the market is obviously strong before considering investing in SOL. You can build a spot position at a low point, and use currency-based operations after the opportunity is confirmed.

3. At present, BTC support is still at 60500 and 57200, and you can buy at the support level. SOL currently has strong support at 126.5/109, and short-term support at 134.6.

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*The following data is collected at the time of writing, and may be biased due to time changes.

1. Market dynamics and capital changes:

The current market value is about 2.45 trillion US dollars, an increase of about 0.13 trillion US dollars compared with yesterday, an increase of about 5.60%;

The market value of Bitcoin is about 1.24 trillion US dollars, an increase of about 0.08 trillion US dollars compared with yesterday, an increase of about 6.90%;

The market value of Ethereum is about 372.854 billion US dollars, an increase of about 16.713 billion US dollars compared with yesterday, an increase of about 4.69%;

The market value of altcoins (including Ethereum) is about 1.21 trillion US dollars, an increase of about 0.05 trillion US dollars compared with yesterday, an increase of about 4.31%;

The total BTC inventory of all exchanges is still at the lowest level in the past six years. At present, there are only 1.7475 million BTC in the exchange addresses of the entire network, an increase of -0.15 million BTC compared with yesterday.

Along with the rise in prices, the market value has increased significantly compared with yesterday.

2. Trading volume:

Total trading volume is about 88.738 billion US dollars, an increase of about 4.843 billion US dollars compared with yesterday, an increase of about -5.77%;

Bitcoin trading volume is about 32.547 billion US dollars, an increase of about 6.927 billion US dollars compared with yesterday, an increase of about 27.04%;

Ethereum trading volume is about 12.605 billion US dollars, an increase of about 986 million US dollars compared with yesterday, an increase of about 8.49%;

Altcoin (including Ethereum) trading volume is about 564.3.2 billion US dollars, an increase of about -4.736 billion US dollars compared with yesterday, an increase of about -7.74%;

The total trading volume continued to decrease compared with yesterday, but the trading volume of Bitcoin and Ethereum increased significantly compared with yesterday, and the trading volume of other altcoins continued to decrease compared with yesterday.

3. Funding:

The total funds on the market are about 160.997 billion US dollars, an increase of about 627 million US dollars compared with yesterday, an increase of about 0.39%;

USDT: market value is about 110.894 billion US dollars, an increase of about 325 million US dollars yesterday, an increase of about 0.29%; trading volume is about 48.222 billion US dollars, an increase of about 5.362 billion US dollars compared with yesterday, an increase of about 12.51%;

USDC: market value is about 33.468 billion US dollars, an increase of about 253 million US dollars compared with yesterday, an increase of about 0.76%; trading volume is about 8.166 billion US dollars, an increase of about 163 million US dollars compared with yesterday, an increase of 2.04%;

The trading volume of funds on the market continues to increase compared with yesterday, and I hope everything will develop in a good direction.

4. Contract data

The total network contract holdings are about 55.91 billion US dollars, an increase of about 6.86% compared with yesterday;

The total 24-hour contract trading volume of the entire network is about 146.4 billion US dollars, an increase of about 13.57% compared with yesterday;

The total 24-hour liquidation volume of the entire network is about 170 million US dollars, an increase of about 54.55% compared with yesterday;

Among them, the Bitcoin contract holdings are about 30.262 billion US dollars, an increase of about 8.27% compared with yesterday;

The Bitcoin contract trading volume is about 78.063 billion US dollars, an increase of about 31.0% compared with yesterday 4%;

The 24-hour liquidation volume of Bitcoin is about 60.0033 million US dollars, an increase of about 76.86% compared with yesterday;

Among them, the liquidation of long orders is about 9.6725 million US dollars, an increase of about -1.34% compared with yesterday;

The liquidation of short orders is about 50.3308 million US dollars, an increase of about 108.63% compared with yesterday;

From the contract data, the position, trading volume and liquidation volume have increased compared with yesterday, among which the liquidation volume of short orders of Bitcoin has increased significantly compared with yesterday. Pay attention to setting stop-profit and stop-loss for short-term contracts.

5. ETF data

The total trading volume of Bitcoin ETF is about 2.103 billion US dollars, an increase of 196 million US dollars compared with yesterday, an increase of about 10.28%;

The total market value of Bitcoin ETF is about 53.349 billion US dollars, an increase of 2.161 billion US dollars compared with yesterday, an increase of about 4.22%;

The total asset management scale of Bitcoin ETF is about 52.678 billion US dollars, an increase of 748 million US dollars compared with yesterday, an increase of about 1.44%;

The total trading volume, total market value, and total asset management scale of Bitcoin EFT have increased compared with yesterday.

6. Risk index

The fear and greed index is 67 (close to 100 is high risk, below 10 is in the bottom-fishing range), an increase of about 39.58%;

The proportion of holdings of coins with a term of more than 1 year is 65.77% (less than 55% is a high-risk area), with no significant change compared to yesterday;

The Ahr999X index is 2.66 (below 0.4 is the top area of ​​the bull market), an increase of about -11.04% compared to yesterday;

The Ahr999 index is 1.08 (below 1.2 is the fixed investment area, and below 0.45 is the bottom-fishing area), an increase of about 12.50% compared to yesterday;

The market value of Bitcoin accounts for 53.28% (the lower the market value, the closer it is to the top of the bull market, and the lowest proportion in the last bull market was 37.74%), an increase of about 1.64% compared to yesterday.