BTC outflows $1.8 billion in 24 hours, DOT rises 12% against the trend, funds begin to switch positions?
BTC oscillates around $78500, while ETH and SOL are weakly synchronized. In the past 24 hours, BTC, ETH, and SOL have had net outflows of $1.808 billion, $584 million, and $193 million, respectively, with spot funds still mainly exiting the market. However, altcoins are beginning to differentiate: -DOT rose 12.26% in 24 hours, with a cumulative increase of 38.16% over the week, and a net inflow of 9.56 million USDT; -ARB rose 50.78% in one week, narrowing its 24-hour decline to 1.32%, indicating a slight decrease in selling pressure; -OP is still down 6% and there is no clear stop signal yet. There has also been a partial shift in the contract side. Short positions sold out by 8.35 million US dollars in the past hour, higher than the long position of 6.21 million US dollars; Another new address has established approximately 2.36 million USD BTC and 2.49 million USD ETH multiple orders in a short period of time. Short term attention: -Can BTC hold on to $78500 and regain its position at $79200 to have further room for repair; -If DOT breaks through $1.28, we can continue to observe around $1.35; Falling back below $1.15, the replenishment structure may fail; -ARB is concerned about whether $0.17 can regain its stability. Funds are trying to find opportunities for higher resilience from mainstream currencies, but spot outflows of BTC and ETH have not yet eased. Whether the knockoff price increase can continue depends on whether the inflow of funds and trading volume can keep up. Risk Warning: The above content is only for market information sharing and data analysis, and does not constitute any investment advice.
