Market analysis: Bitcoin computing power breaks 100 EH/s, Ethereum is accepted by BitPay

特邀专栏作者

2019-09-17 18:25 (UTC+8)

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Affected by the good news, the short-term performance of Ethereum is still strong. The risk aversion sentiment in the market has eased in recent days, and it is expected to stabilize and rise in the near future.

AI Summary

The computing power and mining difficulty of Bitcoin continue to hit new highs, indicating that miners still have strong confidence in the market, and the long-term upward trend of Bitcoin remains unchanged. Affected by the good news, the short-term performance of Ethereum is still strong. The risk aversion sentiment in the market has eased in recent days, and it is expected to stabilize and rise in the near future.

According to the statistics of QKL123, at 13:00 on September 17, 2019, the total market value of the global Token market was 1,899.019 billion yuan, with a 24-hour total market value increase or decrease of -0.58%, and a total turnover of 376.237 billion yuan, with a change of +19.10% in total turnover , market activity has increased. The Babbitt Composite Index reported 13712.88 points, with a 24-hour change of -0.57%; the Alternative sentiment index was 41, a slight increase from yesterday (38), and the market sentiment was still fearful.

Among the top ten encrypted assets by market value (excluding USDT), ETH has the largest 24-hour increase (+1.76%), and BNB has the largest 24-hour decrease (-2.67%). BTC’s 24-hour change was -0.71%, and the market capitalization ratio (67.52%) was slightly lower than yesterday, and the risk aversion sentiment in the market decreased slightly. USDT’s 24-hour change was +0.23%, and the net inflow of funds today was 214.083 million yuan, which was an increase from yesterday; the ChaiNext USDT OTC discount and premium index reported 99.16, and the 24-hour change was -0.70%.

Analyst view:

The average computing power of Bitcoin yesterday exceeded 100 EH/s, more than doubled compared to the same period last year, and the difficulty of mining has continued to hit new highs this year, indicating that miners have confidence in the market performance in the future, that is, the expected Bitcoin The price of Bitcoin will rise further, which also supports the inference that Bitcoin will start to rise after the adjustment is completed.

1. Spot BTC market

1. Funding

2. Fundamentals

2. Spot ETH market

1. Funding

2. Fundamentals

3. Spot LTC market

1. Funding

2. Fundamentals

4. Spot EOS market

1. Funding

2. Fundamentals

1. Long term (1-3 years)

5. Analyst strategy

1. Long term (1-3 years)

2. Midline (January-March)

For a short period of time, BTC or LTC small positions rely on support to do more, and ETH or EOS small positions mainly sell high and buy low, and stop losses.

3. Short term (1-3 days)

For a short period of time, BTC or LTC small positions rely on support to do more, and ETH or EOS small positions mainly sell high and buy low, and stop losses.

LTC

EOS

ETH

BTC

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