Evening Market Report September 16
BTC elevated encountered resistance, watching for a break above 48500.
According to data from Huobi Global, BTC is now in a state of oscillation after being blocked from rising during the day. From the 4h line, currently running above the EMA5, the trend is relatively smooth, has basically stabilized 47000 a line, the three averages are running slightly upward; K line is currently running between the upper and middle rails of the Bollinger band, the opening of the Bollinger band expanded significantly; volume is not much change compared to yesterday, DIF continues to be located above DEA, the multi-party momentum continues to prevail, the short-term upward pattern or will continue. From a daily perspective, BTC is weaker today, but did not break the previous rising trend, belongs to the normal horizontal adjustment, continue to pay attention to the effective situation of the support below and the breakthrough above.
According to data from Huobi Global, ETH continues to rise today, extending yesterday’s upward trend. Looking at the 4h line, ETH is currently in a sideways consolidation state and continues to sit above EMA5, with all three EMAs running steeply upwards. k-line is running near the upper Bollinger band and the Bollinger band opening is expanding significantly. Volume is little changed from yesterday, and DIF continues to sit above DEA. From a daily perspective, ETH is currently a short positive line with a shadow above, with attention to the subsequent breakout.
In terms of contracts, the data of Huobi Futures showed that the open interest of BTC futures
increaseed slightly, the volume increaseed slightly, and the contract market was relatively active. The basis of futures contracts remained stable.
The open interest of ETH futures increaseed slightly, the volumeincreased slightly, and the contract market was relatively active. The basis of futures contracts remained stable.
According to data from Huobi Study Club, DeFi TVL increased slightly, it is up to $123.05 billion, and the real TVL increased slightly to $90.62 billion. Among them, the top programs have not changed much. Today’s total DeFi trading volume increased slightly and it is $4.06 billion.
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Disclaimer
Investing in digital assets carries risks and this article does not constitute operational advice.
