Data: BTC bears weakened potential, and net inflow of OTC funds rebounded for two consecutive days

According to TokenInsight data, the TI index reflecting the overall performance of the blockchain industry reported 690.9 points at 8:00 on June 07, an increase of 4.77 points or 0.7% from the same period of last year. In addition, among the 28 sub-sectors closely watched by TokenInsight, the highest increase in 24 hours was for cross-industry applications, with an increase of 174.21%; the highest decline in 24 hours was for the information technology service platform industry, a drop of 3.51%. According to monitoring, the number of BTC active addresses and the number of transfers increased by 0.86% and 5.62% respectively from the previous day. BCtrend analyst Jeffrey believes that the BTC bears momentum is weakening, and the net inflow of OTC funds has rebounded for two consecutive days and continues to consolidate in the short term. According to the quantitative analysis of BitUniverse, BTC fluctuates widely between 7200$-8200$, which can be profitable by high grid.