Evening Market Report August 16
BTC rose slightly during the day and fell back in the afternoon. At present, the pressure above 48,000 is relatively strong, and there is a strong support near 47,000.
According to data from Huobi Global, BTC rose slightly within the day. At present, the pressure above 48000 is relatively high, and there is a strong support near 47000, which is in a small shock stage. Looking at the four-hour level, the k-line has crossed EMA5, EMA10, and EMA20 within the day, has strong support above EMA5, and the three EMAs gradually flattened. The k-line generally went up during the day, and fell slightly in the afternoon, approaching the middle track of the Bollinger Band, and the opening of the Bollinger Band narrowed slightly. The trading volume is relatively sluggish. DIF and DEA almost coincide, and both are positive. CCI is in the normal range, and the market may enter sideways consolidation. In terms of daily level, the current BTC is a short-term positive line, and it basically reversed the decline yesterday. The pressure on the top is relatively strong, need to pay attention to the subsequent breakthrough.
According to data from Huobi Global, ETH rose slightly within the day, the highest price in the day is up to 3334USDT, converging with the trend of BTC, entering a callback in the afternoon, there is strong support at the 3100 line below. From the four-hour level, the k-line has crossed EMA5, EMA10, and EMA20 within the day, has strong support above EMA5, and the three EMAs gradually flattened. The k-line generally went up during the day, and fell slightly in the afternoon, approaching the middle track of the Bollinger Band. The opening of the Bollinger Band shows a parallel upward trend. The trading volume is relatively sluggish. DIF and DEA almost coincide, and both are positive. CCI is in the normal range, and the market may enter sideways consolidation. In terms of daily level, the current ETH is a short-term positive line, and it basically reversed the decline yesterday. The pressure on the top is relatively strong, need to pay attention to the subsequent breakthrough.
In terms of contracts, the data of Huobi Futures showed that the open interest of BTC futures increased slightly, the volume decreased slightly, and the contract market was relatively inactive. The basis of futures contracts decreased slightly.
The open interest of ETH futures contracts decreased slightly, the volume decreased slightly, and the contract market was increased slightly. The basis of futures contracts decreased sharply.
According to data from Huobi Study Club, DeFi TVL increased slightly and valued at $108.70 billion, the true locked value increased slightly and valued at $81.20 billion. Among them, the top programs have not changed much. Today’s total DeFi trading volume decreased slightly and it is $3.45 billion.
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Investing in digital assets carries risks and this article does not constitute operational advice.
