Data Analysis:


The current clearing map shows that Bitcoin longs and shorts are relatively balanced and dense, while Ethereum is dominated by longs and is also quite dense.

The current price of Bitcoin is $116,200. If it rises to $118,200, it is expected that approximately $1.6 billion worth of shorts could be liquidated. If it falls to $114,200, it is expected that approximately $1.24 billion worth of longs could be liquidated.

The current price of Ethereum is $4600. If it rises to $4700, it is expected that approximately $844 million in short positions could be liquidated. If it falls to $4500, approximately $820 million in long positions could be liquidated.

Greed & Fear Index:
Neutral (54)

Altcoin Season Index:
80

ETF Fund Flows (Yesterday)
BTC Spot ETF: Net Outflow of 85 Million USD
ETH Spot ETF: Net inflow of 1.4 million USD
SOL Spot ETF: Not available

Market View:
Market Direction: Bullish after a period of fluctuation. Last night, the interest rate decision was announced with a 25% cut, in line with market expectations. However, from the news, it seems Powell intends to curb the market, as there was no further rate cut, and there are indications that the reduction in the balance sheet is not stopping. Therefore, the market's reaction has been relatively average. However, I personally believe this is only temporary, and once the market digests it, the trend will return.

Although the current market is still mainly in a state of fluctuation and consolidation, Ethereum and Solana are currently rebounding, and many altcoins are also following this rebound. I personally believe that the current capital is flowing into altcoins and popular sectors. Once most altcoins rise sufficiently, the funds will flow back into the main market, and only then will there be a real shift in the market upwards. Therefore, in the short term, altcoins still have another wave of rebound. It is recommended to pay more attention to popular altcoin varieties.

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BTC0.23%
SOL0.34%
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