Crypto Market Sentiment Research Report (2024.05.31-06.07): BNB breaks all-time high with market value exceeding 100 bil

Binance Coin BNB is the first to break the historical high market value of over 100 billion US dollars

Binance Coin (BNB) has surpassed $100 billion in market capitalization, marking an important achievement and recognition for the cryptocurrency in the market. This makes BNB one of the few cryptocurrencies with a market capitalization of over $100 billion, highlighting the importance of Binance Exchange and BNB in the cryptocurrency industry.

Compared to giants in the traditional financial industry, such as JP Morgan and Goldman Sachs, whose market capitalizations are $500 billion and $150 billion respectively, Binance鈥檚 market capitalization has not yet reached the level of these traditional financial institutions, but it is approaching and growing rapidly. This shows the potential of the cryptocurrency market and Binance鈥檚 leading position in it.

In addition, Binance鈥檚 market capitalization has also surpassed that of the Commodity Exchange (CME), a major commodity futures exchange that plays an important role in global commodity trading. Binance鈥檚 surpassing is indicative of the growing influence that the cryptocurrency industry is gaining.

In general, Binances market capitalization exceeding $100 billion represents the cryptocurrency markets high recognition of the project and the increase in investor confidence. This achievement marks Binances important position in the cryptocurrency industry and lays a solid foundation for its future perkembangan.

Currently, BNB has taken the lead in breaking through its historical high, and mainstream currencies are still fluctuating near the new high, and are expected to break through the new high to drive a new round of rise.

There are about 7 days until the next Fed meeting (2024.06.13)

https://hk.investing.com/economic-calendar/interest-rate-decision-168

Analisis lingkungan teknis dan sentimen pasar

Komponen Analisis Sentimen

Indikator teknis

Tren harga

Over the past week, BTC prices have risen 3.58% and ETH prices have risen 1.75%.

Gambar di atas adalah grafik harga BTC dalam seminggu terakhir.

Gambar di atas adalah grafik harga ETH dalam seminggu terakhir.

Tabel tersebut menunjukkan tingkat perubahan harga selama seminggu terakhir.

Grafik Distribusi Volume Harga (Support dan Resistance)

In the past week, BTC broke through the concentrated trading area upward, while the price of ETH as a whole fluctuated widely within the concentrated trading area.

Gambar di atas menunjukkan sebaran area perdagangan BTC yang padat dalam seminggu terakhir.

Gambar di atas menunjukkan sebaran area perdagangan ETH yang padat dalam seminggu terakhir.

Tabel tersebut menunjukkan rentang perdagangan intensif mingguan BTC dan ETH dalam seminggu terakhir.

POC_SARPoint Of ControlSupportResistancebtc67733.2367200.9570106.38 eth 3780.773742.853867.12

Volume dan Minat Terbuka

In the past week, BTCs trading volume began to increase after the rise on June 3, while ETHs trading volume was generally sluggish; the open interest of both BTC and ETH increased.

Gambar bagian atas menunjukkan tren harga BTC, bagian tengah menunjukkan volume perdagangan, bagian bawah menunjukkan open interest, warna biru muda adalah rata-rata 1 hari, dan oranye adalah rata-rata 7 hari. Warna garis K mewakili keadaan saat ini, hijau berarti kenaikan harga didukung oleh volume perdagangan, merah berarti penutupan posisi, kuning berarti akumulasi posisi secara perlahan, dan hitam berarti keadaan ramai.

The top of the above picture shows the price trend of ETH, the middle is the trading volume, the bottom is the open interest, the light blue is the 1-day average, and the orange is the 7-day average. The color of the K-line represents the current state, green means the price rise is supported by trading volume, red is closing positions, yellow is slowly accumulating positions, and black is crowded.

Volatilitas Historis vs. Volatilitas Tersirat

Historical volatility of BTC and ETH remained at a low level over the past week; implied volatility of BTC and ETH declined.

Garis kuning adalah volatilitas historis, garis biru adalah volatilitas tersirat, dan titik merah adalah rata-rata 7 hari.

Didorong oleh peristiwa

In terms of events, on June 7, 2024 at 20:30, the U.S. non-farm data was significantly better than expected, and the prices of mainstream currencies fell sharply and then rebounded.

Indikator Sentimen

Sentimen Momentum

In the past week, among Bitcoin/Gold/Nasdaq/Hang Seng Index/CSI 300, Bitcoin was the strongest, while CSI 300 performed the worst.

Gambar di atas menunjukkan tren berbagai aset dalam seminggu terakhir.

Suku Bunga Pinjaman_Sentimen Pinjaman

The average annualized return on USD lending over the past week was 10.8%, and short-term interest rates fell to around 9.2%.

Garis kuning adalah harga tertinggi suku bunga USD, garis biru adalah 75% dari harga tertinggi, dan garis merah adalah rata-rata 7 hari dari 75% dari harga tertinggi.

Tabel ini menunjukkan rata-rata pengembalian suku bunga USD untuk hari-hari penyimpanan yang berbeda di masa lalu

Tingkat Pendanaan_Sentimen Leverage Kontrak

The average annualized return on BTC fees in the past week was 12.2%, and contract leverage sentiment remained at a normal level.

Garis biru adalah tingkat pendanaan BTC di Binance, dan garis merah adalah rata-rata 7 hari

Tabel tersebut menunjukkan rata-rata pengembalian biaya BTC untuk hari penyimpanan yang berbeda di masa lalu.

Korelasi Pasar_Sentimen Konsensus

The correlation among the 129 coins selected in the past week rose to around 0.75, and the consistency between different varieties increased significantly.

Pada gambar di atas, garis biru adalah harga Bitcoin, dan garis hijau adalah [1000 floki, 1000 lunc, 1000 pepe, 1000 shib, 100 0x ec, 1inch, aave, ada, agix, algo, ankr, ant, kera, apt, arb, ar, atr, atom, audio, avax, axs, bal, pita, kelelawar, bch, bigtime, mengaburkan, bnb, BTC, celo, cfx, chz, ckb, comp, CRV, cvx, cyber, tanda hubung, doge, titik, dydx, egld, enj, ens, eos, dll, eth, fet, fil, flow, ftm, fxs, gala, gmt, gmx, grt, hbar, hot, icp, icx, imx, inj, iost, iotx, jasmy, kava, klay, ksm, ldo, link, mesin tenun, lpt, lqty, lrc, ltc, luna 2, sihir, mana, matic, meme, mina, mkr, dekat, neo, samudra, satu, ont , op, Pendle, qnt, qtum, rndr, mawar, rune, rvn, pasir, sei, sfp, skl, snx, sol, ssv, stg, storj, stx, sui, sushi, sxp, theta, tia, trx, t , uma, uni, dokter hewan, ombak, wld, woo, xem, xlm, xmr, xrp, xtz, yfi, zec, zen, zil, zrx] korelasi keseluruhan

Luas Pasar_Sentimen Keseluruhan

Among the 129 coins selected in the past week, 65% of them were priced above the 30-day moving average, 35% of them were above the 30-day moving average relative to BTC, 26% of them were more than 20% away from the lowest price in the past 30 days, and 64% of them were less than 10% away from the highest price in the past 30 days. The market breadth indicator in the past week showed that the overall market was in a stage where most coins resumed their upward trend.

The above picture shows [bnb, btc, sol, eth, 1000 floki, 1000 lunc, 1000 pepe, 1000 sats, 1000 shib, 100 0x ec, 1inch, aave, ada, agix, ai, algo, alt, ankr, ape, apt, arb, ar, astr, atom, avax, axs, bal, band, bat, bch, bigtime, blur, cake, celo, cfx, chz, ckb, comp, crv, cvx, cyber, dash, doge, dot, dydx, egld, enj, ens, eos,etc, fet, fil, flow, ftm, fxs, gala, gmt, gmx, grt, hbar, hot, icp, icx, idu, imx, inj, iost, iotx, jasmy, jto, jup, kava, klay, ksm, ldo, link, loom, lpt, lqty, lrc, ltc, luna 2, magic, mana, manta, mask, matic, meme, mina, mkr, near, neo, nfp, ocean, one, ont, op, ordi, pendle, pyth, qnt, qtum, rndr, robin, rose, rune, rvn, sand, sei, sfp, skl, snx, ssv, stg, storj, stx, sui, sushi, sxp, theta, tia, trx, t, uma, uni, vet, waves, wif, wld, woo,xai, xem, xlm, xmr, xrp, xtz, yfi, zec, zen, zil, zrx ] 30-day proportion of each width indicator

Meringkaskan

In the past week, Bitcoin (BTC) rose 3.58% to a record high, while Ethereum (ETH) fluctuated near its previous high. At the same time, their historical volatility remained low. Bitcoins trading volume increased after the rise on June 3, while Ethereums trading volume was generally sluggish. The open interest of Bitcoin and Ethereum increased slightly, and the implied volatility decreased. In addition, Bitcoins funding rate remained at a normal level, and the market breadth indicator showed that the overall market was in a stage where most currencies resumed their upward trend. 2024.6.7 20:30 The US non-farm data was significantly better than expected, and the price rebounded after a sharp drop.

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