The mainstream currency has no major fluctuations in the short term, so pay attention to whether Bitcoin will go up in the evening
The market fell back after rising today. The market capitalization once rose from around USD 230 billion yesterday to around USD 233.5 billion, and then fell back slightly. So far, the total market capitalization of global digital assets is USD 225.444 billion, down 1.96% from USD 229.953 billion yesterday. In terms of trading volume, today's overall trading volume is on the rise. As of now, today's 24-hour trading volume is 66.845 billion US dollars, an increase of 4.60% from yesterday's 63.904 billion US dollars.
The current ratio of long and short positions on Bitfinex is 2.8990, down 2.65% from yesterday; USDT rebounded slightly today, and the OTC spot price is 7.12, which is in a positive premium state, with a premium rate of about 0.32%.
BTC launched a wave of strong attacks in the afternoon, reaching the highest point of 8780 points, but it fell back in an instant, breaking the support of 8500 points and oscillating below 8400 points, testing the support of Bollinger’s middle track, and the 5-day moving average is also facing challenges. Suspected, Bollinger’s opening has shrunk, the upward trend of the macd indicator has slowed down, the RSI strength indicator has shown a downward trend, and the continuous release of energy is still there. The confidence of many parties has not been completely dispelled. If the price breaks 8000 again If it is higher, the operation must be restrained, and there is no need to worry too much about the current shock.
The fall of ETH in the afternoon is also obvious. This fall is mainly driven by the market. Standing on the K-line above the four moving averages, excluding external factors, its own pressure is mainly due to the previous quilt funds, and it is in the process of rushing to the previous rebound high. , Shock adjustment is inevitable, the current price is still above the 5-day moving average, the upward trend of the short-term moving average is still there, the upward trend of the macd index has stagnated slightly, although the RSI index has turned down, it has not fallen below 50 points, there is still room for buying orders , Today's fall can stop at the 185 position, and another upward attack will be possible again.
EOS is like fireworks in the sky, fleeting. When the market did not move much a few days ago, this leader performed desperately. Unfortunately, it is finally a mortal. It followed the market to harden a little and then fell back. The lowest pin reached 3.028 dollars. Now offer $3.145. On the technical side, the two lines of MACD are running slowly below the 0 axis, and the three lines of KDJ diverge upward after bonding and then change to a downward trend. It is recommended to choose an opportunity to reduce positions and control risks.
BCH has lost the courage to move forward since it reached around 240 dollars the day before yesterday. It consolidated yesterday, and the lowest fell to around 228, returning all the gains. As mentioned before, the arrival of BCH halving will definitely stir up expectations, and spot players still use the strategy of increasing positions on dips. Now offer $229.4. Technically, the two lines of MACD are running slowly below the 0 axis, and the third line of KDJ has a tendency to stick together around 50. It is recommended to buy spot stocks on dips and control positions
Summary: At present, the overall market is in the process of falling, and now both long and short sides are observing the market. The retail investors are observing whether the main force has any action, and the main force is also observing the entry and exit intentions of the retail investors, so the participation in the early market market is not strong. To analyze the overall trend in the evening, we still need to pay attention to whether Bitcoin is going up, and whether mainstream currencies will follow Bitcoin for linkage. There will not be big fluctuations in the market in a short period of time at night, but investors who operate should be more cautious. If you don’t understand, you can consult the author (ZB999810). Give you technical guidance on the latest market analysis and K-line.
Investment is a game of money, but also a game of wisdom. Opportunities and risks go hand in hand, and success or failure is only a matter of thought. For a wise man, risk is also an opportunity; for a fool, opportunity is also a risk.
