After finishing the previous chapter, we paid attention to the 24-hour dynamic changes in the crypto market. After experiencing the turmoil last night, let’s take a look at the capital flow issue:
USDT: The current market value is 87.76 billion, with a 24-hour increase of 0.02%, and a 24-hour market value increase of 17.5 million.
The 24-hour transaction volume increased by 1.63%, and the current transaction volume is 29.38 billion.
According to the data chart, USDT's fund increment is still stable at around 8:00 every morning. Although the fund increment varies in size, the time is relatively stable. And there are no obvious signs of leakage.
USDC: The current market value is 24.3 billion, a 24-hour decrease of 0.62%, and a 24-hour market value decrease of 150 million.
The 24-hour transaction volume increased by 21.23%, and the current transaction volume is 7 billion.
According to the data chart, we found that funds in the United States began to flow out in small amounts from the early morning stage, and the overall outflow was in a step-like pattern. It is known that the current stage is still in a state of loss.
Based on the current data, we can clearly see that U.S. traders are not optimistic about the future of the crypto market in response to the Federal Reserve’s speech in the early morning. Capital outflows began from the opening of U.S. stocks last night. Although there was a return flow during the period, the return flow was obviously not as good as the outflow. quantity. This is exactly the opposite of the confidence index of American traders and Asian traders, and Asian traders prefer emotions, so as of today, the funds in the crypto market are still inflowing. Although the inflows are not much, they are still positive. illustrates the confidence in the Asian market.
Regarding CZ’s resignation and the settlement with the US Department of Justice, we in the Asian market have seen an optimistic and positive side, but as American traders, we have seen the negative sentiment in the market.
Regarding the current callback phase of the crypto market, the financial aspect has given us the answer. The Asian market is still bullish, while the US market has turned into a short callback. So how the market goes depends on the degree of financial support.
