The unilateral market of Bitcoin is staged again, and the key to the reversal lies in the MA60 daily moving average
Yesterday, Sina Weibo released a new social APP product "Oasis", which is aImage social application products, similar to foreign Instagram. Among them, what attracts users in the currency circle is the digital asset "Waterdrop", which is generated and stored based on a decentralized model, and can be used to redeem benefits, reward content, vote for rankings, etc.
This "oasis" product isA certain form of encrypted assets (point application) products issued based on blockchain technology, For Sina, the strategic layout is of great significance.
we know,
we know,In the past two years, many Internet companies have tried to launch blockchain products based on C-end users based on blockchain technology.In general,
In general,The launch of Internet companies' blockchain products based on the user end is to try the application scenarios of blockchain technology on the one hand, and to retain users and attract new users on the other hand. tryOperation suggestion:
Operation suggestion:
BTC: Daily line level, for 4 consecutive days around the MA120 daily moving average to organize the trend. Today, a small positive line successfully stood above the moving average. At the same time, the daily MACD golden cross formed, and the overall market showed signs of continuing to rebound.The next thing to pay attention to is the breakthrough of the MA60 daily moving average. The previous article mentioned many times that the short-term trend is strongly related to the MA60 daily moving average. As long as the K-line successfully breaks through the MA60 moving average, it will usher in a continuous rebound trend, but once it falls below, it means that the market has entered a correction range。
At the 4-hour line level, BTC rose unilaterally in the early hours of this morning, breaking through the important psychological barrier of 10,000 US dollars strongly, and came to the lower track of the previous pressure range. The K-line trend in the past week showed a U-shaped reversal. strong. For the next trend, the short-term focus will be on the breakthrough of the pressure range of 10,300-10,500 US dollars. If you can stand firm, 11,000 US dollars will be easily reached. You can build a small amount of positions around 10,000 US dollars when there is a pullback. If you fall below 9,800 US dollars again, you need to stop loss.
ETH: Compared with BTC, the rebound is weak, and it has not returned to the previous falling range position, but compared with other mainstream currencies, the rebound is stronger. Standing firm at $180 in the short-term, it is hoped that it will rise to the range of $185-200, and the short-term is mainly to buy low and sell high.
LTC: The overall rebound is limited, and it has returned to the 67-68 US dollar range of the relay position, but there is still a certain distance from the previous 70-80 US dollar pressure range, and the short-term wait-and-see is the main focus.
BCH: The rebound trend is strong, and it is about to approach the previous pressure range of 300-320 US dollars. As the market continues to strengthen, it is expected to lead the rebound trend of mainstream currencies.
EOS: The trend is weak, the short-term pressure is 3.4 US dollars, and the support is 3.2 US dollars. From the perspective of volume, it passively follows the market trend.
XRP: It has rebounded slightly, but there is still a big gap from the previous $0.3. Ripple Labs, the operating company behind XRP, holds about 50 billion XRP, accounting for 1/2 of the total, and releases tokens to the circulation market every month. It is difficult to make a big improvement in the market under the condition of continuous selling. It is recommended to buy and lighten up on rallies.
TRX: Following the rebound of the broader market, it is now around US$0.016, and the upper pressure is in the range of US$0.017-0.02.
Platform currency: The overall rebound is slight. Binance acquired the JEX digital currency derivatives trading platform and launched the contract test network, which means that Binance has also entered the futures market. The USDT obtained from the Gate upgrade Startup discount plan will be used to repurchase and destroy GT. The good news of the platform currency is conducive to the rebound trend of the currency price. In the short-term, buy low and sell high, focus on the good news released by the platform currency.
Altcoins: The overall trend is weak. Once again, BTC unilaterally rose, and altcoins did not keep up. It reflects the current situation of lack of funds in the market. Investors' mentality of seeking profits and avoiding risks will continue this situation. The altcoins will only become more uninterested. Therefore, it is not recommended to play altcoins with heavy positions. Just Just pay attention to the popular altcoins with high popularity.
