Foresight Ventures Weekly Market Report: The market continues to be strong, and airdrops are hot again
Market View:
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Second, the whole market
Second, the whole market
The top 100 gainers by market capitalization:
The top 100 gainers by market capitalization:
The market has been choppy this week, with BTC dominance at a nine-month high of 48%. Binance Exchange, Sun Yuchen, etc. were sued by US regulators. The main line of the market is focused on airdrops, and projects with high market value that have not yet issued coins, such as ZkSync, Starknet, and LayerZero, have become interactive hotspots.
KAS: The POW public chain Kaspa uses Block DAG technology, which mainly inherits the computing power of ETH mining cards, and has surpassed ETC to become the first POW chain.
3. BTC market
3. BTC market
1) Data on the chain
1) Data on the chain
Profit-taking among BTC investors is starting to heat up. Exchange net transaction flow increased by 4,200 BTC this week, the largest net increase since the LUNA crash in May 2022. The tokens being sold by investors are still relatively new, i.e. short-term holders are mainly profit-taking.
The long-term trend indicator MVRV-ZScore is based on the total market cost and reflects the overall profitability of the market. When the indicator is greater than 6, it is the top interval; when the indicator is less than 2, it is the bottom interval. MVRV fell below the key level 1 and holders were overall in the red. The current indicator is 0.62, out of the green bottom-buying range.
2) Futures market
2) Futures market
Futures funding rate: This week's rate is positively low. The fee rate is 0.05-0.1%, and the long leverage is more, which is the short-term top of the market; the fee rate is -0.1-0%, and the short leverage is more, which is the short-term bottom of the market.
Futures long-short ratio: 0.8. The market sentiment is bearish, and the market trend is healthy. Retail investor sentiment is mostly a reverse indicator, below 0.7 is more panic, and above 2.0 is more greedy. The long-short ratio data fluctuates greatly, and the reference significance is weakened.
3) Spot market
BTC continued its strength this week. The recent rise of BTC was first due to the explosion of the Bank of America, and the influx of assets into BTC as a hedge, and then the rescue of banks by the United States to supplement market liquidity and promote the rise of BTC. However, as market makers were unable to use the US dollar payment channel, BTC's transaction liquidity fell to a 10-month low, with the Coinbase exchange slippage increasing by 2.5 times. In the short term, BTC is facing a strong resistance level of 30,000, and the ETH/BTC exchange rate has bottomed out, and the copycat season may come in the future.
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1. The total lock-up volume of the public chain
2. Proportion of TVL of each public chain
2. Proportion of TVL of each public chain
7) Optimism lock-up volume
3. The lock-up volume of each chain agreement
1) ETH locked position situation
2) BSC locked position situation
3) Tron lock-up volume
4) Avalanche lock-up volume
5) Polygon lock-up volume
6) Arbitrum lock-up volume
7) Optimism lock-up volume
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5. Changes in NFT market data
1) Market value of NFT index:
2) NFT trading market share:
2) NFT trading market share:
3) NFT-500 market overview:
6. The latest financing situation of the project
6. The latest financing situation of the project
Foresight Ventures bets on the innovation of cryptocurrency in the next few decades. It manages multiple funds: VC fund, secondary active management fund, multi-strategy FOF, special purpose S fund "Foresight Secondary Fund l", with a total asset management scale of more than 4 One hundred million U.S. dollars. Foresight Ventures adheres to the concept of "Unique, Independent, Aggressive, Long-term" and provides extensive support for projects through strong ecological forces. Its team comes from senior personnel from top financial and technology companies including Sequoia China, CICC, Google, Bitmain, etc.
Foresight Ventures bets on the innovation of cryptocurrency in the next few decades. It manages multiple funds: VC fund, secondary active management fund, multi-strategy FOF, special purpose S fund "Foresight Secondary Fund l", with a total asset management scale of more than 4 One hundred million U.S. dollars. Foresight Ventures adheres to the concept of "Unique, Independent, Aggressive, Long-term" and provides extensive support for projects through strong ecological forces. Its team comes from senior personnel from top financial and technology companies including Sequoia China, CICC, Google, Bitmain, etc.
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