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OKEx Investment Research|The Three Major U.S. Stock Index Futures Rise, Boosting Bitcoin Market Sentiment

欧易OKX
特邀专栏作者
This article is about 745 words, reading the full article takes about 2 minutes
The trend of ETH is linked to Bitcoin, and it is slightly stronger than Bitcoin in terms of strength, because it broke the rebound high left on February 24 earlier.
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The trend of ETH is linked to Bitcoin, and it is slightly stronger than Bitcoin in terms of strength, because it broke the rebound high left on February 24 earlier.

OKEx BTC/USDT Perpetual Contract: (marketing software AICoin)

OKEx BTC/USDT Perpetual Contract: (marketing software AICoin)

News: As of press time, the U.S. 10-year Treasury yield fell by more than 3%, and has fallen from yesterday's highest of 1.608% to the current 1.54%. Affected by the lower yields of government bonds, the market's expectations of rising inflation have cooled down. U.S. stock futures generally rose, and the Nasdaq futures rose by nearly 2%. Of course, this also has a positive effect on the Bitcoin market. There have been four consecutive positive lines on the daily chart, and the market sentiment that showed signs of cooling yesterday has eased significantly.

OKEx ETH/USDT Perpetual Contract:

OKEx ETH/USDT Perpetual Contract:

Ouyi OKEx ATOM spot

Ouyi OKEx ATOM spot

ATOM is currently showing signs of breaking away from the recent narrow-range consolidation period. As of press time, the currency price has reached the 20.2 line, hitting a new high since the consolidation on March 5. This is mainly due to the continuous rebound of Bitcoin today, which is obviously weaker than Bitcoin in terms of strength. After breaking away from the consolidation of the last 4 days, we should also pay attention to the next potential consolidation range, where the upper edge of the consolidation range is at the 22 line.

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