The data shows that the price correlation between ERC20 token and ETH has rebounded significantly.

According to TokenGazer data, in the past 24 hours, the Ethereum price range was $155.62-$160.59, the transaction volume was $5,805MM, and the total market value was $16,761MM. The total market value of Ethereum increased by 1.7% yesterday and the transaction volume decreased by 12.1%. The total market value of ERC20 tokens is about 75.6% of the total market value of Ethereum, which has not changed much compared with yesterday, but the price correlation between ERC20 and ETH has significantly rebounded. The ETH 14-day RSI is 44.4, which is in a weak consolidation state. In terms of futures, the current total volume of Bitfinex and BitMEX accounted for 49.52%, and the total short-selling volume accounted for 50.48%. The proportion of multi-single in the market decreased significantly compared with yesterday. In addition, the top five active addresses in the ERC20 token are: BNB, USDC, DAI, ZRX, TUSD, with the highest value being 1442 and the lowest value being 663.