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Bitcoin rebounded to $8,200 in a short period of time, continue to pay attention to changes in volume

币圈掘金者
特邀专栏作者
This article is about 1763 words, reading the full article takes about 3 minutes
As long as the short-term market does not break the MA60 moving average ($8160) support, the rebound trend will continue.
AI Summary
As long as the short-term market does not break the MA60 moving average ($8160) support, the rebound trend will continue.

The Hurun Research Institute released the "2019 Hurun Global Unicorn List" today. The list shows thatThere are 11 unicorns in the blockchain industry, including Bitmain, Coinbase, Ripple, Canaan, Circle, Binance, Block.One, Dfinity, Ebang International, BitFury and Liquid Global, The valuation ranges from 7 billion to 80 billion RMB.

From the list alone,The companies on the list are concentrated in mining machine manufacturers, exchanges, and payment fields, These areas currently have a fixed profit model in the blockchain, or can be valued according to the business model. From a large perspective, the entire blockchain and digital currency field is still in its infancy. Just as Huobi Li Lin said at the Wuzhen Internet Conference, "The Internet is talking about the first half and the second half, but the blockchain The chain is still discussing the preliminaries, has not yet entered the official game, and is still a very early industry",Early stage means lack of profitability and business model, but also means a lot of opportunities, With the development of the industry and the launch of more business models, the development prospects of the blockchain field are extremely broad.

The companies listed in the blockchain field have a minimum valuation of RMB 7 billion. What is the concept of this valuation? I paid attention to the field of e-commerce 5 years ago, and learned that a kind of e-commerce derived from Taobao and Jingdong shopping platformsTaobao shopping rebate model prevails, Fanli.com, Juanpi.com, etc. were launched at that time. Later, this model was flooded and caused the market to collapse. I once thought that all such websites had disappeared, but these two companies were on the list. And the valuation is 7 billion RMB. In comparison,In addition to the lack of core technology and complete business model, the valuation of blockchain companies in the early stage should be low(Except for projects that issue coins purely for the purpose of collecting money).

A number of unicorn companies in the e-commerce field have emerged on the list, which actually reflects theThe importance of users and market share, my country is a populous country with a wide range of user groups and market share.Even if it is a simple profit model, once the user base is large, it can achieve a greater degree of developmentat present

at presentIn the digital currency market, the biggest landing application is currency speculation, the millions of users in China have supported several exchanges with annual profits of hundreds of millions of dollars, and hundreds of new exchanges have flocked in. In addition to speculating on coins,Blockchain has a wide range of applications, such as cross-border payment, transaction clearing and settlement, copyright protection, asset digitization, identity authentication, ticket management, food traceability, games, etc.Operation suggestion:

Operation suggestion:

BTC: Over the weekend, BTC traded sideways at the bottom of the $7800-7900 range. The market stopped falling and rebounded slightly. The 4-hour level showed an inverted U-shaped trend, recovering the decline in recent days. This is the fifth time since the catastrophe on September 25 that it has found support in the bottom range.As long as the short-term market does not break the MA60 moving average ($8160) support, the rebound trend will continue. The upper pressure is 8300-8500 US dollars. Judging from the previous rebounds,Insufficient energy is the main reason for the inability to break through the pressure range, Short-term operators need to pay attention to changes in volume and energy, and operate with caution.

ETH: USD 168 stopped falling and rebounded slightly for a short time, but the volume was still weak, so that the rebound height was limited and failed to break through the pressure range of USD 178. The short-term 4-hour level has signs of negative decline again, and if it does not break through 172 US dollars, there is a chance to continue to rise after the market correction is completed. If it falls below 170 US dollars again, short-term chips should pay attention to stop losses.

LTC: In the short term, it rebounded to US$55 following the broader market, but the trading volume was insufficient, causing the currency price to rise and fall. The bottom support range was US$50-52, and the pressure was US$60. Wait and see.

BCH: The currency with the strongest rebound trend among mainstream currencies, rebounded from 210 US dollars to above 220 US dollars. In the short term, focus on the support of 220 US dollars, and have the opportunity to continue to hit the upper pressure range of 230-240 US dollars.

EOS: The overall trend is consolidating in the small range of 2.8-2.94 US dollars, and the volume is relatively weak. Before breaking through 3 US dollars, it is not recommended to enter the market to buy bottoms.

XRP: 4-hour level, continuing to rebound along the MA60 moving average, short-term attention to the breakthrough/breaking of the trend line, the upper pressure is 0.3 US dollars, and the support is 0.27 US dollars.

TRX: Maintain the trend in the range of 0.0145-0.016 US dollars. The market is suppressed by the 4-hour MA60 moving average. Before there is a heavy volume, wait and see.

ETC: The short-term trend is weak, and the range of 4.3-4.6 US dollars is oscillating. Before it can effectively break through 4.65 US dollars, it is light to wait and see.

Platform currency: maintain a consolidation trend as a whole, and continue to wait and see in the short term. BNB is in the range of 17-19 dollars, with a pressure range of 20 dollars; HT is in the range of 3.3-3.5 dollars, and the short-term support is 3.3 dollars; OKB is affected by the good news, and the short-term rises in heavy volume. Pay attention to the range pressure of 2.5-2.6 dollars, and beware of rushing up and falling Risk; GT continues to trade sideways, and $0.5 is short-term support.

Altcoins: Before the market trend fails to achieve an effective rebound, the overall focus is on reducing positions on rallies, and it is not recommended to chase higher.

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