Bitcoin stopped falling and rebounded, focusing on the position of the neckline of $11,000

The weekend market was originally volatile and downward, but stimulated by the news, it stopped falling and rebounded, reflecting the fragility of the market itself.

Everyone knows the news: "Shenzhen has become a pilot zone for digital economy innovation and development,The state supports innovative applications such as digital currency research and mobile payment in Shenzhen, and promotes interconnection with Hong Kong and Macau financial markets and mutual recognition of financial (fund) products. To promote the internationalization of the RMB first, explore and innovate cross-border financial regulation. "

To be honest, this news is indeed substantial good news, but the premise is that traditional finance and economic development,It belongs to the big policy and economic development plans that benefit the country and the people, and has little to do with the currency circle we are in., people in the currency circle over-interpreted. But judging from the disk, it has indeed boosted everyone's morale, and confidence in the market is recovering, as evidenced by the trading volume.

Another piece of news is strongly related to digital currency. The suspected "Satoshi Nakamoto" proved himself to be Satoshi Nakamoto in three phases on the website satoshinrh.com at 4:00 a.m. today. The first part of the website has been updated. The article mainly introduces The origin of Bitcoin and the name Satoshi Nakamoto. The second part is the key,The proof problem involving 980,000 BTC, the third part is to promote new projects.

In the 10 years since the birth of Bitcoin, its founder "Satoshi Nakamoto" has always been a mystery, so that people often impersonate him to carry out fraud or publicity activities, and this time the probability is the same.

In fact, it is very simple to prove that you are Satoshi Nakamoto.It is enough to directly sign a message or transfer a small transaction with the founding private key of Bitcoin, Why use all kinds of pretentious things to force logic.In the blockchain world, the private key is the only property and proof of identity.Action suggestion

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BTC: Affected by the news last night, Bitcoin stopped falling and rebounded. There was a certain recovery in the market, but the volume was still not enough, so it failed to break through the pressure range of 10,540 US dollars in the past few days. This afternoon, at the hourly line level, the volume can show a signal of amplification, and the market rose for a short time, breaking through the upper edge of the triangle finishing range, which means that the bulls are starting to exert their strength, and the next target is the pressure in the range of 10,800-11,000 US dollars.The disk fell below 10,540 US dollars without heavy volume in a short period of time, and the rebound market remained。

For short-term operators, those who previously opened a position around US$10,000 can take profit around US$11,000. For ordinary currency holders, although the short-term market rises and the bulls have a slight advantage, it still belongs to a large-scale shock trend.It is necessary to pay attention to the breakthrough of the neckline position of the 11,000 US dollar K-line at the daily level, can break through, the market has the hope of flying high again, before breaking through, it is better to be cautious.

ETH: The rebound trend that started yesterday was strong, with both volume and price rising. At present, it is testing the pressure level of 200 US dollars. If it can stand firm, it is hoped to enter the range of 220-240 US dollars. ETH has been trending well recently and is expected to lead the trend of mainstream currencies.

LTC: Followed the market rebound, but it was seriously oversold before, and there is still some distance from the previous shock range of 90-100 US dollars. Short-term operations are not recommended. Wait for a complete stand at 100 US dollars to eliminate the selling pressure of the previous halving market. Consider entering again.

BCH: The rebound potential is obvious, and the support of 300 US dollars is firmly established. With the continued rebound of the pie, it is expected to be close to the next target of 340 US dollars. The short-term chips that were previously opened near US$300 will continue to be held.

EOS: The market has rebounded slightly, and there is still a distance from the shock range of 3.9-4 US dollars before the fall. In the short term, pay attention to the breakthrough of the 4-hour MA60 moving average (3.85 US dollars), and a small amount of positions can be opened near the support point.

XRP: It rebounded a lot yesterday, but because of the serious oversold before, it is hard to say that the market has started. Pay attention to the pressure level of US$0.29-US$0.3 for a short time. Personally, I suggest waiting until the US$0.3 level is regained before considering intervening.

TRX: Following the rebound of the big pie, judging from the volume, it is still very weak. The short-term pressure is 0.019-0.02 US dollars. Before breaking through, continue to wait and see.

Platform currency: BNB rose for a short time due to the regional version of the Libra Venus plan released by Binance today, and came to the upper edge of the range. If it can effectively break through 29.5 US dollars in a short period of time, it is hoped that it will continue to attack the 30-35 US dollar range; HT follows the trend of the market, and the probability of going independent in the short term is low, with a shock range of 4.8-5 US dollars; OKB’s market rebound is weak, and the support of 3 US dollars should be paid attention to in the short term. GT fluctuates in the range of 0.8-0.9 US dollars for a short time. Before there is more good news, it will be difficult to break through the strong pressure of 1 US dollar.

Altcoins: The overall weak rebound, the increase is in line with the broader market, it is still not recommended to intervene in the short term, because the funds in the market are limited, it is better to wait for the mainstream currency to establish a rebound before considering. If you want to pay attention, it is only recommended to pay attention to new currencies with high popularity, concentrated chips, and good anti-fall performance. In addition, if you have any currency you want to analyze, welcome to ask questions in the message area.