Jack Huang1987
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#BecomeCreator Although the overall market rebound is weak, the growth of the market value of stablecoins still provides better support for the improvement of the market in the future. In the past week, the overall market value of stablecoins increased from 164.251 billion USD to 166.552 billion USD, a 7-day increase of 1.4%, of which the total market value of USDT increased by 0.75% to 115.768 billion USD, with a market share of 69.8%. As the crypto market rebounded, the supply of the two major stablecoins, USDT and USDC, increased by nearly 3 billion USD in a week, indicating that investors bought cryptocurrencies at low prices after the market crash on Monday. The chain shows that Tether has transferred 1.3 billion USDT to exchanges and market makers since Monday, pushing its market value to over 115 billion USD, a record high. At the same time, the market value of USDC also increased by about 1.6 billion USD this week to 34.5 billion USD, the highest level since March 2023. Data shows that a large amount of funds have flowed into exchanges, and the market outlook is still promising.
In terms of currency, it is recommended to pay attention to the strong currencies in this round of rebound, such as SUI, RUNE, APT, NEAR, FTM, IMX, TIA, SATS, MKR, etc.
In terms of currency, it is recommended to pay attention to the strong currencies in this round of rebound, such as SUI, RUNE, APT, NEAR, FTM, IMX, TIA, SATS, MKR, etc.
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I feel there will be another retracement, when Mentougou pays out next time, and then a new upward channel will be opened. In addition, the focus is still on the SOL ecosystem.
分析师舒琴
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Let's talk about the market. Will Bitcoin continue to rise in the future?
Yesterday, we talked about the 5W7 resistance callback to 5W4, which is still in line with expectations. Then
I think there is a chance, but Bitcoin must at least stand on 58500, which must be higher than before. Otherwise, it may be a small double top and will fall back, so don't rush to go long and wait for a strong signal to appear.
As for Ethereum, we warned of the panic of large-scale currency transfers yesterday, and the decline was much greater than that of Bitcoin. If you have ETH, congratulations.
In addition, this post has a lottery for 200USDC, and 10 people will be drawn, 20u each. The method of obtaining it is very simple. Click the quote comment button below this post, enter your opinion on the current trend, and you can draw this 200u~
Yesterday, we talked about the 5W7 resistance callback to 5W4, which is still in line with expectations. Then
I think there is a chance, but Bitcoin must at least stand on 58500, which must be higher than before. Otherwise, it may be a small double top and will fall back, so don't rush to go long and wait for a strong signal to appear.
As for Ethereum, we warned of the panic of large-scale currency transfers yesterday, and the decline was much greater than that of Bitcoin. If you have ETH, congratulations.
In addition, this post has a lottery for 200USDC, and 10 people will be drawn, 20u each. The method of obtaining it is very simple. Click the quote comment button below this post, enter your opinion on the current trend, and you can draw this 200u~
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