- Market Situation and Key Metrics
- Regions with Different Dynamics
- Positive Signals for the Market
The crypto market attracted $321 million in investments last week, marking the second consecutive week of positive fund inflows. This was driven by changes in U.S. monetary policy.
Market Situation and Key Metrics
Following the Federal Open Market Committee (FOMC) meeting last week, investors rushed to invest. The 50 basis point rate cut triggered a 9% increase in total assets under management (AuM). Now, the total value of investment products has reached $9.5 billion, a 9% increase from the previous week. Bitcoin attracted the largest share of investments, pulling in $284 million. Short-Bitcoin products also saw $5.1 million in inflows.
Regions with Different Dynamics
Different regions showed varying results. America led with $277 million in investments, followed by Switzerland with $63 million, marking its second-best week of the year. On the other hand, Germany saw $9.5 million in outflows, Sweden lost $7.8 million, and Canada fell short with $2.3 million in outflows.
Positive Signals for the Market
Key on-chain indicators are also signaling positive changes in the market. The 7-day Simple Moving Average (SMA) of the Fund Flow Ratio reached 0.05, which historically coincides with the end of bear markets or halving events. The 30-day SMA of the Estimated Leverage Ratio has formed a key support zone between 0.15 and 0.175 and is beginning to recover. Additionally, the 30-day Exponential Moving Average (EMA) of Binary CDD, currently in the range of 0.1 to 0.3, indicates Bitcoin accumulation by long-term holders.
According to the indicator analysis, the crypto market seems ready for a breakout. Most on-chain indicators are showing bullish signals, giving investors hope for further strengthening of digital assets' positions in the market.
