Take a look at the market data over the weekend: the attention of the crypto market has dropped significantly, and funds in the US have flowed in slightly!
Take a look at the market data over the weekend. It was originally updated on Saturday, but something happened yesterday and delayed it.
#BTC☀ led the market to fall, but for the weekend, the sentiment of the cottage was relatively stable, which can be understood as resistance to falling, but it can also be understood as a high wait-and-see sentiment. After all, everyone is waiting for BTC to rebound or break.
From the overall market trading volume to the stablecoin trading volume, the current market attention is very poor, and the crypto market seems to be thrown into a corner, especially the capital trading volume has dropped significantly. Obviously, even on the weekend, the temporary resistance of the cottage did not trigger trading sentiment.
Focus on funds:
The stable currency on the market remains unchanged, currently 170.9 billion,
USDT: The official website data is 118.195 billion, an increase of 59 million compared to Friday. Asian and European funds have been in a state of low inflow this week, especially at the beginning of this week, and there was a small net outflow. The net inflow of 59 million on the weekend was the largest net inflow this week. Judging from the flow rate of funds, the mood in Asia and Europe is not good. Fortunately, there has been no net outflow.
USDC: The official website updated the data. As of Thursday, September 5, the net inflow of funds for the week was 300 million, which is basically in line with our judgment this week. This week, we can see the return of funds from the US region from the market data, but the overall magnitude is not large, and the mood is not too good. Moreover, the liquidity of funds in the US region is relatively high, and it is very likely to enter today and leave tomorrow.
Summary:
Today's data is basically a record, no big deal. Although the copycat is resistant to falling in the short term, it is the weekend, which is more deceptive. Don't be too optimistic about FOMO. The short-term return of funds from the US is a good thing, as long as you are not pessimistic.
