Let the data speak: trading volume increased slightly, funds flowed out again, and the market sentiment in the future is not optimistic!
During the period of statistical data, the price of Bitcoin fell again in the short term. The main sentiment tonight is still based on the power of the speech of the Federal Reserve officials, which may cause fluctuations in the early morning.
For Bitcoin, as I said at the beginning of today's update, although the price rebounded, breaking through the key position still depends on good market sentiment and data funds.
According to today's data, the market value increase of the cottage is obvious, and the market value increase of the cottage has outperformed Bitcoin and Ethereum. Bitcoin is steady and Ethereum is a bit weak. As for the rebound of the cottage, we got the results from the data the day before yesterday.
In terms of trading volume, compared with yesterday, the data is also accompanied by a small increase, which is a good data, but the increase is not obvious enough, and the market activity is poor.
The most pessimistic aspect is the funds. The retained funds in the market remain unchanged, and the net outflow of funds outside the market is 294 million.
Among them, the net outflow of Asian funds is 135 million US dollars. The daily fund fluctuation is still large, and the fund sentiment is unstable.
The net outflow of US funds in a single day was 159 million. At 20:00 in the evening, before the US stock market opened, the funds surged slightly and then began to flow out rapidly.
However, the trading volume of Asian funds surged by 53.61% in the short term. It seems that the intraday rebound of Bitcoin still stimulated the speculation of many market speculators, but the trading volume of US funds continued to decrease slightly, and the liquidity of funds deteriorated again. Moreover, with the outflow of funds, the mood of US traders is still not good.
During the data statistics period, the US stock crypto market fluctuated. We will pay attention to macroeconomic and market news later.
