BTC and ETH total outflow of $1.344 billion, $815 million turns to ZEC

In the past 24 hours, BTC had a net outflow of $623 million, ETH had a net outflow of $721 million, and the total outflow of the two was $1.344 billion. ZEC recorded a net inflow of $815 million, up about 20% in 24 hours, and is now reporting around $1341; One hour attention increased by 103.63%. At the same time as the price rises, the funding rate remains at -0.0285%, indicating that the bears have not completely exited and the short-term direction is still bullish, but the volatility and short selling risks are increasing. Operations can focus on the following conditions: -ZEC: Short term bullish trend. Maintain strength above $1340; Steady at $1350 in volume, we can continue to observe whether the inflow of funds is driving the trend forward. If it falls back below $1300 and the net inflow shrinks, it indicates that the funding push in this round is beginning to weaken. -NEAR: Too much observation. Currently around $2.68, maintaining a steady $2.70 is considered further strength; Falling below $2.60, the intensity of rotation has weakened. -BTC: Short term weak. The current amount is about $76400, and only when it returns to $77000 and the net outflow narrows, does it indicate that funds may flow back; If it falls below $76000, market risk appetite may continue to decline. -ETH: Short term weak. 2450 US dollars is the upper observation line and remains in a weak range until it recovers; The next integer level to pay attention to is around $2400. The more important thing now is not just to look at the increase, but to simultaneously confirm the price, net inflow, and funding rate: if the price rises and the net inflow continues, and the rate remains negative, it means that the market may still be driven by short covering; Once rates quickly turn positive and net inflows decrease, short-term congestion will significantly increase. Risk Warning: The views, conclusions, and recommendations presented in this article are for reference only and do not constitute investment advice. The market is risky, and investment needs to be cautious.