BTC fluctuated sideways during the day, and pays attention to 32300 breakthrough and support of 31500 below in the evening.
According to the data from Huobi Global Station, BTC has a slight upward trend after experiencing a large drop during the day, with strong upward momentum in the evening. The K-line continues to be located below EMA 5, EMA 10, and EMA 20. There is a trends of going beyond EMA 5 in the evening, and the three EMA all tend to flatten. The K-line is located between the lower and middle rails, and the Bollinger band is slightly widened. DIF is below the DEA and both are negative, but the brush figure negativity starts to go down. The CCI is negative and continues to be below the -100 line. The short-term trend line is on the upside. The market may go up slightly or continue to trade sideways. Daily level, BTC today ushered in three consecutive negative, but the intra-day decline is not large, or turn positive in the evening. Continue to pay attention to the change in volume and the breakthrough above 32300 and support below 31500 in the evening
According to the data from Huobi Global Station, ETH is trading sideways around 1900 on the day. The K-line continues to be located below EMA 5, EMA 10, and EMA 20, and the three EMAs tend to flatten. The K-line is located between the lower and middle rails, and the Bollinger band opening has widened slightly. DIF is below the DEA and both are negative, but the brush figure negativity starts to go down. The CCI is negative and continues to be below the -100 line. The short-term trend line is on the upside, and there is a breakout trend. The market may rise slightly. On the daily level, ETH saw three consecutive negative days today, but the intra-day decline was not significant. The evening continues to focus on the change in volume as well as the breakout above 1950 and the support below 1850.
In terms of contracts, the data of Huobi Futures shows that the BTC contract position rose slightly in the evening, the contract volume dropped slightly and the contract market was relatively inactive. The basis difference of the delivery contract decreased slightly. ETH contract positions are relatively stable, contract volume is down, and the contract market is relatively inactive. The basis difference of the delivery contract increased slightly.
According to data from Huobi Club, today,the total locked position (TVL) of DeFi was relatively stable at $73.05 billion today, and the real locked position was relatively stable at $54.43 billion. Among them, the headline items did not change much. Total Defi volume rose slightly today to $3.34 billion. Among them, Uniswap v3 rose more, reaching 10.37%.
About Huobi Research
Huobi Research was founded in April 2016 and started research and explorations in various aspects in Blockchain area since March 2018. We cover various fields such as Blockchain technology research, industry analysis, application innovation and economic model explorations. We aim to establish a research platform and to offer theoretical foundations as well as judgements of trends in Blockchain to the public, ultimately promoting the development of the Blockchain industry.
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