The overall weak rebound trend of the market linkage, the stabilization of the decline still needs to be able to cooperate

The overall trend of Bitcoin was weak yesterday, fluctuating slightly around $8,000. After the Great Fall, the market confidence was severely lacking, and the willingness to buy bottoms in a short period of time was extremely low, and the market fell into a state of shrinking.

Early this morning, the disk rebounded slightly, rising from $8,000 to $8,200, butThe overall rebound volume is still extremely weak, and it can only be regarded as a sideways trend. In a short period of time, only by recovering the decline of the second decline and standing firm at 8,400 US dollars can it be regarded as a signal to stop the decline and stabilize.

At the 4-hour level, the MACD indicator DIF breaks through the DEA, forming a golden cross, and the MACD cylinder is above the 0 axis, which meansThe market is in the short-term technical repair stage, and there are signs of continued rebound. The only shortcoming is the quantity. The counterattack force of the bulls is not strong. If the market cannot rebound to more than 8,400 US dollars in the next few days and stabilize the situation, there is still a risk of the market being suppressed by the shorts and continuing to fall. Therefore, we should not be overly optimistic.

The weak rebound of BTC has successfully led to the rebound trend of mainstream currencies and platform currencies, and they have recovered the decline of the second decline. The FGI index reflecting the sentiment of the digital currency market has also risen from 24 to 32. The degree of panic has weakened, indicating that the market Confidence has recovered as the market has stopped falling, but it is still too early to fully stimulate confidence, and the big positive line is needed to recharge faith.

Judging from the big data of the Okex contract, the total amount of BTC contract positions, after yesterday's contract delivery, first fell due to liquidation, and then increased very slowly.The overall level of open interest is still 40% less than before the sharp drop, which represents the hesitant and pessimistic attitude of contract players towards the market outlook, and their confidence has not recoveredOperation suggestion:

Operation suggestion:

BTC: The short-term consolidation trend in the range of 8000-8200 US dollars, the lack of energy means that the market has not completely stopped falling and stabilized, and caution is still required. In the absence of heavy volume, the market will use USD 8,200 as the center, USD 7,700-8,000 as the bottom support, and USD 8,400-8,700 as the range pressure, maintaining a wide range of shocks.

ETH: Stimulated by the good news about sharding, the currency price rebounded for a short time and reached the lower edge of the shock range at $175. The lack of volume and energy makes it difficult to support a larger rebound trend. The short-term support is $165-170. The pressure level is 180 US dollars. Only when the pressure is broken, can there be a large-scale rebound trend.

LTC: The range of 50-60 US dollars fluctuates. Only when it breaks through 60 US dollars can there be hope for a rebound.

BCH: short-term weak consolidation trend, 210-220 USD range consolidation, short-term support 200-210 USD, strong pressure at 240 USD.

EOS: In the short term, it is in the range of 2.7-2.9 US dollars, and the upper pressure is in the range of 3-3.2 US dollars.

XRP/TRX: The range shrinks and consolidates the trend. Before the market trend is completely reversed, it is difficult to have an independent market. In the short term, pay attention to the breakthrough of key points. XRP is in the range of 0.25-0.28 US dollars, and TRX is at 0.016 US dollars.

ETC: In the short term, it is in the range of 4.45-4.8 US dollars, and 5 US dollars is the short-term pressure, following the trend of the broader market.

Platform currency: Follow the market rebound in a short period of time, and the rebound rate and volume are weak. Yesterday’s article also said that platform currency has more floating profits. In the short term, when the market trend is not good, it will face heavier selling pressure It is difficult to have a big market. Continue to pay attention to the support and breakthrough of key points in the short and medium term. BNB short-term support is $14-15, pressure is $18-20; HT short-term support is $2.9-3, pressure is $3.4-3.7; OKB short-term support is $2, pressure is $2.3-2.5; GT short-term support is $0.5, pressure is $0.6.