AiCoin Daily (March 22nd)

Odaily Planet Daily News: Lin Chen, the head of Deribit's Asia Pacific business, stated that the BTC volatility index DVOL has fallen below 50 and is currently at 47. In the past year, DVOL has been higher than this value 96% of the time, with a historical high of 92 and a low of 41. Lin Chen pointed out that the significant drop in volatility means that the market expects BTC to not experience a sharp rise or fall in the short term, and may enter a period of sideways consolidation.

According to BlockBeats news, on March 22nd, according to data released by Deribit officials, BTC's volatility index DVOL has fallen to 47. Over the past year, 96% of DVOL has been higher than the current value, with the highest being 92 and the lowest being 41. A significant drop in volatility indicates that the market believes BTC will not experience a sharp drop or a sharp rise, and will remain sideways for a period of time.

According to official data, in the seven days ending March 20th, Circle issued approximately 3.6 billion USDC, redeemed approximately 2.6 billion USDC, and increased circulation by approximately 1 billion coins. The total circulation of USDC is 59.2 billion pieces, with reserves of approximately 59.5 billion US dollars, including cash of approximately 7.2 billion US dollars, and Circle Reserve Fund holding approximately 52.3 billion US dollars.

HTX-BTC perpetual contract is now reported at $84294.7. According to market contract position analysis, the main force lacks confidence in the future market, and the price may decline. Please hold positions reasonably and control risks

According to AiCoin monitoring, over the past 4 trading days, funds from the US spot BTC ETF have continued to flow in, reaching $470 million. During this period, the largest inflow was IBIT, with a total of $495 million; Next is HODL, with an inflow amount of 11.9 million US dollars. According to the "Spot BTC ETF Tracking" real-time trading strategy developed by AiCoin, there is a significant positive correlation between the inflow of ETF funds and BTC prices. Subscription indicators can be used to automatically place orders based on the flow of funds in the program. Data for reference only