As of 3 PM on the 2nd, the domestic cryptocurrency market showed a mixed trend with buying interest concentrated on specific assets rather than a clear direction. Funds flowed into stablecoins centered around USDT, and some altcoins showed significant fluctuations.
First, USDT was the top net buying asset on Upbit and Bithumb, showing the most notable inflow on each exchange. This is interpreted as investors moving to cash-like assets to avoid high volatility. Additionally, Doge and ADA followed, with particularly prominent buying interest for DOGE on Upbit.
Among top gainers, PUNDIAI trading on Bithumb showed a significant upward trend. Subsequently, PUNDIX on the same exchange continued its upward momentum, attracting investor attention. On Upbit, PUNDIX also showed high returns, with the upward trend confirmed on both exchanges. According to Bonanza Lab data, this upward trend can be interpreted as an indicator of funds flowing into specific thematic coins.
Meanwhile, no notable declining assets were observed on Upbit and Bithumb, but some assets on Coinone showed price stagnation due to trading suspensions. Such sudden price drops were not observed on Upbit and Bithumb.
In terms of trading volume, MOVE recorded the highest level on Upbit, followed by active trading in PUNDIX, BTC, ATH, and XRP. Particularly, MOVE suggests high short-term turnover among investors, indicating a continued short-term trading market atmosphere.
Currently, the domestic cryptocurrency market is seeing concentrated buying interest on certain assets, expanding volatility in specific thematic assets. A strategy of selective approach to challenging asset groups alongside a stable portfolio composition is required rather than aggressive buying.
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#usdt pundiai pundix doge btc