09:45
Gate today's market: BTC stabilizes, ETH overbought, MemeCore surges leading alts.
In the past 24 hours, the cryptocurrency market has shown a mixed trend. BTC has slightly fallen by 0.19%, but the volume has risen, indicating increased market activity. Technically, BTC has stabilized at the support level of $114,000, with an RSI of 43 indicating an Oversold range. Although the MACD has shown a positive crossover, momentum is weakening. Investors are following whether BTC can break through the resistance of $120,000 to confirm a new round of pump. On August 4, there was an outflow of $323 million from the BTC ETF, with IBIT seeing an outflow of $292 million and FBTC an outflow of $40.1 million, reflecting some funds taking short-term profits.