The encryption market as a whole is weak on Monday, but the United States stock futures continue to move up, and the “encryptization is weaker than the stock” movement that persisted during the year has re-emerged. Bitcoin has fallen 1% since UTC zero, falling relatively little in the Taifeng. The gold and dollar indices have not changed much and the market lacks a clear macro-driver.

Emotional indicators remain cautious.

The CoinMarketCap Index of Fear and Greed 34 remains in the “fear” zone. Encryption transactions down to an average RSI 44.07, close to the level of oversold when the July rebound was triggered. At the same time, the mountain currency seasonal target has risen to 55/100, a high of months, indicating that some of the funds are still looking for opportunities in small and medium-market currencies.

The futures are ready to be scaled up. The holdroom is not up.

Over the past 24 hours, the number of futures to be traded in encryption has increased by 81 per cent to $127 billion, but the size of the unsettled contract has remained almost the same, at approximately $11.1 billion. This means that the market is changing hands rather than creating new orientation positions.

Bitcoin futures remain in the vicinity of about 750,000 BTCs. Despite a price of $64,000 at a time, the demand for leverage has not recovered significantly. A similar situation occurs in futures in the Ether and XRP, reflecting the temporary reluctance of investors to expand risk exposure.

SOL shrunk and BCH exposure increased

Solana's futures stock has fallen to 62 million coins, the lowest since the beginning of May, with a clear fall from the high point of over 76 million on 24 June, indicating that some of the funds are being withdrawn.

Bitcoin cash is the exception. The BCH futures are expected to grow by 20 per cent to 1.73 million units a day, up to the height of 21 June. At the same time, the BCH has fallen by 3% to $213 over the past 24 hours, with the hold-up rising and prices falling, which means that subsequent fluctuations may be magnified.

The market for options is still defensive.

The 24-hour cumulative trade margin of most mainstream currencies remains negative in terms of the trade-off, suggesting that the sale will continue to dominate short-line movements. The negative value of ZEC is most evident, with weight being charged in the main currency.

In Deribit's options market, BTC and ETH still have higher drop options than they do, indicating that defensive sentiment has not significantly eased. There is, however, a certain up-to-up bet on the volume of short-term transactions: US$ 70,000 in bitcoin, US$ 2450 in Taifung, and US$ 2450 in Taifung, are at the top.

In addition, the 30-day implicit volatility index is close to 36 per cent. CoinDesk argues that the region has served as a low-level zone on many occasions in recent years, and that, after historically touching this level, markets tend to experience even greater volatility.

PUMP to a few bright spots

PUMP became the most visible token of the day in a period of time when social media was discussing a 20 per cent rise in temperature. Other tokens are more divided: ZEC is down 3.68 per cent, FET is down 2.94 per cent, TAO is down 2.58 per cent, JUP is up by 1.02 per cent, and LIT continues to fall from the previous period.