Rethinking the logic of the recent rise and fall of the BTC market, as well as potential opportunities and coping strategies

Yesterday's article mainly interpreted the positive impact of favorable policies on the industry from the perspective of the blockchain industry. todayFrom the perspective of the capital marketto analyze.

After the news was released, the capital market has already shown some performance. The blockchain sector of Chinese concept stocks has collectively risen, and Xunlei has soared 107.8%. The cryptocurrency market has also exploded collectively. The previous excessive panic turned into a state of greed.

This is only the initial impact, and the highlight will be the domestic A-share market next Monday. The concept speculation in the A-share market has a long history. Since the beginning of this year, concepts such as 5G, liquor, science and technology innovation board, industrial hemp cultivation, breeding concept stocks, and artificial meat have been hyped successively.Whenever a new theme is hyped, the relevant stocks will receive continuous daily limit. This time, the promotion of blockchain technology to the level of national economic development strategy is bound to stimulate the wealth effect of related blockchain concept stocks.

In the past, many listed companies involved in the concept of blockchain had a secretive attitude towards this, which was relatively taboo, but under the clear support of policies and guidelines,More listed companies will lean towards the blockchain field, with continuous investment in capital, manpower, and resources, the entire blockchain industry is expected to usher in rapid development。

In addition, the upper support, canFundamentally change the general public's attitude towards the blockchain, from the previous "blockchain is a scam" to a serious study and understanding of the blockchain, It is bound to have a new understanding of various concepts such as Bitcoin, cryptocurrency, Ethereum, smart contracts, and consensus mechanisms.

Tens of millions or hundreds of millions of people go to learn the blockchain process, which is scary in itself. This is a steady stream.potential audience. According to the funnel principle in the transaction, a group of people will try to buy BTC, ETH and other cryptocurrencies. This volume is fundamentally beneficial to the current digital currency market.therefore,。

therefore,The next focus should still be on BTC and mainstream cryptocurrencies, You should be vigilant against all kinds of false altcoins, funds, pyramid schemes, etc. that have no practical use and business support, and don't be fooled by all kinds of false propaganda and myths of getting rich, and be careful of being deceived.

actually,

actually,From the short-term trend of the BTC market, we can find out the actions of the dealer behind. In the market trend since the end of September, market makers led the market rhythm by violently smashing the market, which caused a lack of market confidence and retail investors fell on bargain hunting. The sudden announcement of the news has completely disrupted the dealer's layout and planning for several months, so they will stand still and observe the market's reaction. Some retail investors heard the news and chased up the market, which led to a rise in the market, but it could not affect the trend of the market at all. The market makers took advantage of the situation and switched from short positions in the futures to long positions in the market. They raised the price of the currency to around 8,800 US dollars in a short period of time.

8,800 US dollars is the technical pressure range since the 9.24 waterfall. The market maker chooses to arrange sideways at this position to test the strength of retail investors and their psychological reaction to the good news of the policy. After doing enough testing, we will increase the volume again,The leeks who missed the first wave of rising, FOMO sentiment is high and they are chasing high crazilybut

butCompared with the previous news, the good news this time is more advanced in terms of specifications and levels, Therefore, investors who previously held coins were reluctant to sell, and they would not sell in a short time. At least they would expect the market to continue to rise and continue to observe. The banker originally came here to attract money at a low price and prepare for the halving of the BTC market next year, so there is a high probability that it will not rise to more than 10,000 again to untie the leeks that were trapped before, butWill adopt the method of falling and oscillating, wash the market, and wash away the unstable chips。

In the short and medium term, it can be said that it is a game between dealers and retail investors, and it is also a game between dealers themselves (including exchanges, miners, mining machine manufacturers, well-informed people, large currency holders, hot money, international consortiums, institutional investors, etc.) The game, the situation has become more and more complicated and confusing.

For our retail investors, we only needPay attention to the support of the range of 8800-9000 US dollars, and do not fall below this range without heavy volume. The fundamental preference of the market, we will continue to focus on currency holdings. Even if it falls below the heavy volume, it is only the dealer's intention.Regular investment to plan next year's halving market will continue to hold chips, and you can build positions again on dipsThat’s good, the only thing to pay attention to is the short-term short-term buying and selling of this part of the mobile chips, because it is a short-term operation, you need to pay attention to stop profit and stop loss.

The mainstream currencies and the market are highly synchronized, the K-line is synchronized, and the volume can be synchronized, so we will not analyze them one by one. In the short to medium term, the bull market has not yet come, and they do not have much independent market. Therefore, in terms of layout, you can refer to the same operation method as BTC, focusing on fixed investment, giving priority to ETH and BCH, and avoid chasing ups and downs.

Focus on domestic public chain currenciesFocus on domestic public chain currencies(NEO, QTUM, ONT, BTM, GXC, NAS) andPopular currencies for applications(VET, LRC, RUFF, etc.). The domestic public chain currency has a certain accumulation of technology. In the face of favorable policies, transformation or application promotion has a greater advantage; Possibility of acquisition or cooperation.