Market data: simply compare the changes in funds.
The market rose tonight, and time is limited. Let's take a simple look at the changes in market funds.
At present, the overall assessment shows that the market rose tonight, and the main force is still the US area. Asian funds are not active for the time being. Pay attention to the trend of the Asian and European sessions tomorrow morning to see if the rise can continue.
USDT: The official website data is 118.701 billion, which is 84 million less than yesterday, and the trading volume has decreased by 16%. As of now, the flow of funds is less active.
USDC: The data website shows that the market value has decreased by 28 million and the trading volume has increased by 10%. The decrease in market value should be due to the intervention in market transactions, and at the same time it has led to an increase in trading volume.
Tonight, the US funds in the crypto market performed well and brought a certain increase, but the overall market liquidity is not high, so a small amount of funds may bring large fluctuations. The increase still depends on whether the subsequent Asian and European sessions will follow the rise.
At the interest rate meeting tomorrow, derivatives should focus on the game in the derivatives market. It is very likely that the market will be smoothly exited after the fund game is completed.
