#BTC#ETHis accumulating momentum in a weak consolidation

——Market data report on August 30:

On-chain data shows that#BTC#ETH selling pressure has decreased and the strength of the support has increased significantly. The market continues to accumulate momentum in a weak consolidation. ETF outflows are slightly greater than inflows.#BTC#ETH short-selling power has not been fully released, and it is unlikely that the market can continue to move upward. It is currently showing a clear weakness.#BTC#ETH contract holdings are flat at a low level. Funding rate is moving towards negative values.

BTC

Short-term support level 58674

Short-term pressure level 60170

Medium-term support level 57423

Medium-term pressure level 61286

ETH

Short-term support level 2438

Short-term pressure level 2588

Medium-term support level 2326

Medium-term pressure level 2637

The above information is for reference only and is not intended as investment advice.