September 27 market data: The market's stablecoin market cap has surpassed 300 billion, worth celebrating! 1. The market's total market cap has seen a slight increase, with the market cap stabilizing, #ETH's share remaining stable, while altcoins have seen a slight increase in share, and #Bitcoin's share has slightly weakened. The short-term market risk appetite has eased over the weekend. 2. Trading volume has significantly decreased, with the overall market down 44%. BTC, ETH, and altcoins have all experienced substantial declines, and trading volume has temporarily lost its data judgment function. We need to be cautious about the reduced liquidity over the weekend. 3. On-chain retained funds have increased by 1.1 billion, totaling 300.4 billion. Congratulations on the stablecoin total market cap surpassing 300 billion! 4. USDT: Official website data updated, market cap at 174.19 billion, an increase of 750 million compared to yesterday. The Asian market still saw...
September 27th #Bitcoin / #ETH Market: The rebound remains weak, pay attention to two short-term resistances! BTC Market: The overall trend is weak, and during the weekend, pay attention to two resistances at 110,000 on the 1-hour chart and 110,800 on the 4-hour chart. If the price fails to break through these two resistance levels during the day, it will essentially be considered an invalid rebound, as the hourly level is too weak. Defensive support can be referenced at 108,850 and 108,200. There hasn't been much bearish or bullish stimulus over the weekend, so we should maintain a range-bound fluctuation. It is important to note that the 4-hour resistance at 110,800 is continuously moving downwards, and during the week, this position will run down to around 110,000, forming a double resistance with the 1-hour resistance, making it more difficult for a short-term breakout. Key observation phase - early Sunday morning, as of now, the market has not shown obvious risk-averse...
24.29K
13
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.