BTC's decline slows down, ETH gains $354 million against the trend! Is the 11th market coming?

The cryptocurrency market has entered a quarter end wait-and-see phase, with overall volatility of mainstream currencies narrowing. As of press time, BTC was reported at $83396, up 0.34% in 24 hours, but down 3.67% in the past 7 days; ETH reported $2671, a slight decrease of 0.17% in 24 hours; SOL reported $119.02, up 0.75%. After experiencing initial adjustments, the market has temporarily entered a period of consolidation and volatility. There is a clear differentiation in the flow of funds. In the past 24 hours, BTC had a net outflow of $362 million, SOL had a net outflow of $109 million, and XRP had a net outflow of $143 million; ETH gained a net inflow of $354 million against the trend, becoming the asset with the most significant inflow of funds among mainstream coins, while TRX also recorded a net inflow of approximately $5.49 million. In terms of the derivatives market, in the past 24 hours, the entire network experienced a sell-off of approximately $1.169 billion, with long positions selling $683 million, higher than short positions selling $486 million; About 20.91 million US dollars have been liquidated in the past hour. The trading pair with the largest liquidation amount in this round is still the Binance ETH/USDT perpetual contract, reflecting that although ETH attracts capital inflows, market divergence is also significant. In terms of emotional indicators, the Panic Greed Index reported 71, slightly lower than yesterday, but still in the greedy range, indicating that market sentiment has not significantly weakened, but the willingness to chase after gains has cooled down. From a macro perspective, the end of quarter and end of month fund adjustments combined with the continued strength of the US dollar, as well as the market's re evaluation of the future interest rate path of the Federal Reserve, remain important factors that are currently putting pressure on risk assets. However, as the National Day holiday approaches, the market is also paying attention to whether the activity of funds during the holiday period will rebound and whether there will be a new market catalyst. In the short term, two price warnings can be set as key points: *$84000: If BTC regains its footing, market sentiment is expected to further recover. *$82000: If it falls below, we need to be alert to the adjustment pressure caused by continued outflows of funds. At present, BTC is still in a period of consolidation and volatility, while ETH has been the first to receive capital inflows, providing some support for the market. Whether the 11th market will start depends on whether funds can continue to flow back and whether there are new changes in macro expectations. Risk Warning: The above content is only for market information sharing and data analysis, and does not constitute any investment advice.