Market analysis: The banker drew a hell gate

Bitcoin rose rapidly last night, reaching 7750 in just two or three minutes, then dropped to around 7450, and dropped back in the early morning.

This kind of back-and-forth market is obviously operated by market makers, with the purpose of exploding the leeks who make large leveraged contracts.

According to data, the number of liquidated positions in 24 hours was as high as 1.46 billion yuan, and the green leeks bleed red blood...

Do you understand this operation? I guess most people don't understand.

Only when there are enough chips in the market can the price reach a new peak. Where can I still get chips in the market now?

The iron-headed leeks and some coin hoarders in the market have already held the coins tightly, and they will not kill you even if you make trouble.

Only those who are too greedy will throw their armor at the dealer's gate. For these people, this is the gate of hell.

After such a market appears, what will happen next? There is a high probability that it will continue to fall until the iron-headed leeks can't stand it.

Yesterday, there was a bug in Binance’s USDS trading pair, which led to the lowest price of Bitcoin at around 4:30 in the morning.

This behavior should not be man-made, but a machine behavior. Now the bitcoin trading volume of major exchanges is actually extremely low.

Under the operation of the machine, 681, the man who sold Bitcoin, does not know whether he regrets using this automated trading robot now.

These new stablecoin trading pairs are actually of no use to anyone. Generally, robots are doing hedging, so there is such a little pitiful trading volume. It is also reasonable for trading pairs to have problems. But if you think about it carefully, if all robots are doing transactions in the future, how will the market fluctuate?

What is certain is that the future will definitely be a game between algorithms and algorithms, as well as a game between trading strategies. How can ordinary people's manual operations be faster than robots?

This will also cause a series of problems. If there is a sudden rise or fall, extreme market conditions will be more likely to appear, and the market may be more manipulated. Black swan events may also become daily events, which is very unfavorable for most people.

Faced with this kind of market, it is actually very difficult for retail investors to make money. It is more about earning a little fantasy: if I do long here (lowest point), I will be short here (highest point).

Fantasies can only be fantasies, and unrealistic fantasies will give people the illusion that "you can make money yourself".

How can it be so easy to make money, those who do not study and have no patience will be harvested sooner or later.

Lighthouse Community—Jiangge

Lighthouse Community—Jiangge

BTC

Bitcoin has evolved from the previous convergence to the current expansion. The first pressure on the expansion is 7400-7500, and the largest range from the bottom is around 7000. Bitcoin will continue to expand in a larger area around this large range in the short term.

ETH

The trend of Ethereum is a trend with pressure and support, and the trend last night was a trend of precise bursting. At present, it has returned to the range below and continues to maintain a shock. Or maintain a high altitude.

BCH

The trend of Bitcoin Cash is very strong, and currently there is a short-term expectation of rising. A key point for long and short is at the position of 213. If you stand firm on the long side, it will be a pin, and there will be a deep fall.

LTC

The trend of Latiao will also follow a pattern of larger rises and falls, that is to say, both long and short kills. At present, as far as the short-term is concerned, the first node of the multi-party is at 45.5

EOS

The short-term trend of pomelo is relatively strong, and there is a possibility of a higher short-term upward rush, and the upper pressure is 2.8, so you can buy a little lower in the afternoon and backhand as much as possible in the evening.

XRP

Ripple's short-term trend will be relatively strong, and its trend will hit the shadow line position or the second high point again. The interval is about 0.212-0.222

Bitcoin price at time of writing: $7322