Evening Market Report August 19

BTC continued to fall within the day and rose slightly in the afternoon. The trading volume is relatively sluggish, and the market may fluctuate downward.

According to data from Huobi Global, BTC continued to fall within the day and rose slightly in the afternoon. Looking at the four-hour level, The k-line is located below EMA5, EMA10, and EMA20 during the day, and the k-line runs near EMA5 in the evening. The k-line runs near the lower rail of the Bollinger Band, and the opening of the Bollinger Band expands downward. The trading volume is relatively sluggish. DIF is always below DEA during the day, and both are negative. CCI crosses the -100 line upwards within the day. The market may decline slightly and then stop falling. In terms of daily level, the current k-line is negative, the market may continue to fluctuate downward.

According to data from Huobi Global, ETH continued to fall within the day and rose slightly in the afternoon, which is similar to the trend of BTC, and there is currently no obvious stop-drop phenomenon. Looking at the four-hour level, the K-line is located below EMA5, EMA10, and EMA20, and there is a trend to pass EMA5 in the evening. The K-line runs between the lower rail and the middle rail of the Bollinger Band, and gradually approaches the middle rail of the Bollinger Band, and the opening of the Bollinger Band expands downward. DIF is always below DEA during the day, and both are down. The trading volume is sluggish. CCI has crossed the -100 line within the day and is currently close to the -100 line. In terms of daily level, ETH is currently a negative line and is located in a downward channel. It is necessary to pay attention to whether it can stop the decline in the future.

In terms of contracts, the data of Huobi Futures showed that the open interest of BTC futures remained stable, the volume decreased slightly, and the contract market was relatively inactive. The basis of futures contracts remained stable.

The open interest of ETH futures contracts remained stable, the volume remained stable, and the contract market was relatively inactive. The basis of futures contracts decreased slightly.

According to data from Huobi Study Club, DeFi TVL decreased slightly and valued at $103.56 billion, the true locked value decreased slightly and valued at $77.01 billion. Among them, the top programs have not changed much. Today’s total DeFi trading volume increased significantly and it is up to $4.90 billion.