1. US stock BTC-ETF data
This week, the total funds of the US stock BTC-ETF saw outflows for the first time, with the total outflow reaching $654 million. Compared with the continuous inflows in the previous few weeks, the outflow volume this week was relatively large.
On the one hand, Bitcoin hit a high of around $110,000, and short-term traders took profits and funds flowed out. On the other hand, funds were also withdrawn for risk aversion during Christmas and New Year's Day.
Investors need to pay close attention to the inflow and outflow of ETF funds after the opening of the U.S. stock market next week and make corresponding preparations.
2. 24-hour liquidation amount
Take the liquidation data at 8:00 a.m. Beijing time every day as statistics
From the chart we can see that the 24-hour liquidation amount is generally on a downward trend. This week, the price of Bitcoin has fluctuated widely, and the price fluctuations at the hourly level are not too drastic.
The size of the total network liquidation amount is positively correlated with the price fluctuation of Bitcoin. Market investors should use futures and leverage rationally, operate prudently, and control risks.
3. BTC contract holdings across the network
The current total network contract open interest has reached $69.324 billion, an increase of $358 million compared to $68.966 billion in the same period last week.
Among them, CME (Chicago Mercantile Exchange) held $17.892 billion, a decrease of 8.65% in seven days.
The Bitget exchange's holdings reached $15.618 billion, an increase of 14.92% in seven days.
Binance exchange's holdings reached $12.026 billion, down 0.59% in seven days.
After the open interest of contracts across the entire network decreased last week, the open interest of contracts increased slightly this week, and investors' investment sentiment and market enthusiasm are slowly recovering.
4. Bitcoin balance on exchanges
From the figure below, we can see that after several weeks of continuous outflow, the exchange's Bitcoin balance has seen an inflow in the last seven days.
Coinbase Pro is still experiencing outflows, with 14,258.56 outflows last week and 8,737.78 outflows this week.
The total amount of Bitcoin inflow this week is 4701.17, while the outflow last week was 15712.93. The BTC balance in exchange wallets increased from 2.2393 million in the same period last week to 2.2441 million this week, an increase of 4,800 year-on-year.
Most of the bitcoins flowing into exchanges are sold, which has a certain impact on the price of bitcoin.
5. Bitcoin market capitalization
The price of Bitcoin did not fluctuate much this week, and its market capitalization share did not fluctuate much compared to last week, fluctuating around 57%.
This shows that when Bitcoin fluctuated, there was no overall upward trend in the altcoin market. The market remained on the sidelines about Bitcoin’s future trend, and the main force of the altcoin was also on the official website, waiting for Bitcoin’s next move.
6. Greed Fear Index
This week's Fear and Greed Index has dropped slightly compared to the same period last week, but there is still not much fluctuation, and the index value has been fluctuating between 70-80.
This week, the index value was as high as 79 and as low as 70, which is still in a relatively greedy range. The overall market is in a volatile trend, and the wait-and-see sentiment is relatively strong.
