Daily Report NO.127｜2024/09/09
1. US BTC/ETH spot ETF data
On September 6, 2024, Bitcoin spot ETF net inflow-$169.97M (capital outflow); Ethereum spot ETF net inflow-$5.98M (capital outflow).
2. Cryptocurrency market overview
2.1 Cryptocurrency market value and spot trading volume
The total market value of cryptocurrency is 1.94 trillion US dollars, with a 24-hour change of 0.50%.
The 24-hour trading volume is 48.574 billion US dollars, and the 24-hour trading volume change is 16.74%.
2.2 Cryptocurrency market stability B
The total market value of stablecoins backed by fiat currencies is 163.704 billion US dollars
2.3 USDT and its USDT market share
USDT.D: 5.77%
Small cycle (1H/4H): short-term bearish;
Large cycle (12H/1D): in the bull track, the bulls are very strong.
3. Sentiment Index
Currently, the Greed Fear Index (FGI) is 26, and the market sentiment is panic. The change of the Greed Fear Index in the past 24 hours is -3 points, and the change in 7 days is +0 points.
The quarterly index of altcoins is 27%. You can pay attention to altcoins and whether the altcoin market can come out; the annual index of altcoins has risen sharply to 39%. It is not altcoin market at present, so you can pay attention to it.
4. Contract market data
Contract holdings
Total cryptocurrency contract holdings are 51.344 billion US dollars;
Total BTC contract holdings are 28.737 billion US dollars;
Total CME BTC contract holdings are 7.66 billion US dollars;
Total ETH contract holdings are 10.338 billion US dollars
Contract liquidation data
Total liquidation amount is 104 million US dollars, long liquidation amount is 31.02 million US dollars, and short liquidation amount is 73.05 million US dollars
5. Technical analysis of BTC market and strength and weakness of mainstream currencies
5.1 Analysis of BTC market in multiple time periods
Large cycle: 1W/1D/12H
1W, bulls weakened, currently bulls weakened in the 12th week, bulls gradually weakened; forming a selling point.
1D, shorts strengthen, long-short dividing line (in space): 61039, long-short dividing line moves down. Shorts may accelerate.
12H, shorts strengthen, it is difficult to reverse the current short trend in the short term
Small cycle: 4H/1H (intraday)
4H, short trend weakens
1H bullish trend, weak, stand firm at 55299, short-term target 57100
Comprehensively speaking, shorts in small cycles temporarily weaken. Shorts in large cycles strengthen
5.2 Possible intraday trends
Intraday direction: #多头
Intraday pressure level: 55290, 57100
Intraday support level: 54300, 54570
6/The strength and weakness of the long and short positions of mainstream coins today (BTC/ETH/SOL/BNB/PEPE)
As shown in the picture