BTC continues the trend of shrinking and finishing, keeping up with the trend layout
The capital market has the most sensitive sense of smell. In just a few days, the market has reversed, the trend of blockchain concept stocks has cooled down, and the stock prices of individual stocks that have been speculated on the concept have retreated or even fallen. This is actually a good reflection of the problem.
Through the clarification replies issued by the exchange to some companies after the inquiry letter, we can also see that,The blockchain business of most listed companies is of a follow-up nature and has not made substantial progress. And a small number of companies that focus on blockchain business development are mainly in the pilot and development stages. Their products or technologies have not been widely promoted and used, and their profits are nowhere in sight.
This is the current status and dilemma of blockchain applications.The advantages of the technology and the theoretical scope of application are indeed very wide, but in terms of specific application, it still needs to go through 1-3 years of development and precipitation before it can gradually mature。
so,
so,After the hustle and bustle, the next step is to really test the market. Yesterday I mentioned a word to describe the current market: green and yellow. In this case, the wait-and-see at the capital level and the repeated fluctuations in the market are actually clear at a glance.
Not only for dealers, but for most retail investors, it is the most difficult decision at the moment. Although everyone knows the general trend and development prospects in the future, it is actually very tangled in the short and medium term. well. andThe K-line market trend of the overall market is actually a reflection of the inner psychology of investors。
For us ordinary retail investors, it doesn't matter if we don't know the market and our thoughts are not clear, we just need to grasp the main trend. Although the market trend or directional choice is the result of the game of all participants, the power of ordinary retail investors is too small to affect the market at all.Operation suggestion:。
Operation suggestion:
BTC: In terms of short-term trends, the overall volume is shrinking in the range of 9,000-9,500 US dollars. There is no heavy-duty breakthrough pressure (9,800-10,000 US dollars) and support (8,800-9,000 US dollars), and the oscillating trend continues.
At the daily line level, after last weekend’s favorable policies followed the trend and increased volume, the price of the currency has risen to a higher level, and the volume energy has also risen to a higher level compared to the previous consolidation market, and the market confidence (FGI index) has also risen to a higher level , The trading volume and market activity are relatively good, so as long as the market does not fall below the support of the MA60 moving average (it cannot be recovered within 24 hours), you should remain optimistic about the market. However, appropriate caution is also necessary. Before the trend is clear, small positions should be dominated by buying low and selling high.
ETH: 180-185 US dollars range to organize the trend, the volume can shrink, 180 US dollars is the short-term support, a small amount of regular investment can be made near this price.
LTC: The daily line level continues to be suppressed by the MA60 moving average, and the short-term consolidation trend is mainly to wait and see.
BCH: The short-term trend is strong. If it does not break the support of 280 US dollars, it will continue to hold coins. Once it stands firm at 300 US dollars, it will open up room for growth. In the near future, pay more attention to the influencing factors of the news.
EOS: 3.2-3.5 US dollars range consolidation trend, short-term trend is not clear, need to wait for BTC to give direction. Once the disk falls below the MA60 daily moving average in heavy volume, pay attention to risks.
XRP: The range of 0.29-0.3 US dollars shrinks and consolidates the trend, and it will continue to wait and see in the short term.
ETC: Short-term shrinkage arrangement, the daily line level pressure is at the MA60 daily moving average ($5.3). According to the news, the Agharta hard fork of ETC will be carried out in January next year, mainly to move closer to ETH, and ETH 2.0 will be implemented next year, and will shift from POW to POS. There is a probability that miners will switch to ETC, and a small amount of regular investment can be made in the middle line.
TRX: The price of the currency surged and fell back in the short term. The news of the cooperation with the Samsung Group is only a short-term benefit, and has limited impact on the price of the currency. 0.02 US dollars is a short-term support.
Platform currency: Continuing the volatile trend, the support is at the position of the MA60 moving average at the daily line level, and the short-term does not break the moving average support, and the currency is mainly held. BNB’s short-term support is around $19, and $23-25 is the range pressure; HT is organized around $3.8, and there is a probability of going up after it stands firm at $3.8; OKB has risen and fallen, and $3 is still under pressure in the near future; GT volume can be reduced, short-term Still facing MA60 daily moving average ($0.6) suppression.
Altcoins: The overall market performance is mixed, mainly on the sidelines. The domestic public chain market that started last weekend is still not over. There is a short-term rebound, and there is still a chance to continue to rise. The daily line level is in a callback after the pull-up. The volume can shrink synchronously. Dealer's actions.
