1. The positive application of DC/EP has nothing to do with Bitcoin
2. Capital will hype this positive expectation
3. Continue to be bearish, do not rush to buy the bottom of the spot
Timestamp: 20.04.16 AM11:26
Bitcoin：$6627
The most noteworthy thing in today’s news is the above message of DCEP. Friends who read yesterday’s tweet should understand it (click here if you haven’t read it:"Wait and see" | DC/EP is online, the surface is good, but it is actually bad, lighten up and watch the show, wait for the main performance), the implementation of Yangma’s digital currency application scenario has no substantial positive relationship with Bitcoin, because the two are fundamentally not the same thing, one is centralized and the other is decentralized, and the commonality is that both are Called digital currency, this is right and wrong. But from the perspective of capital, this is a very good hype theme. Today, the A-share digital currency sector continues to rise, which is a good performance for capital. It is said that capital is bloody and ruthless, but where is the bloody? Have you ever thought about this question?
Take A-shares as an example, if a certain theme is favorable, no matter whether the favorable is intentionally released or interpreted forcibly, the capital sense in the market will always be the keenest, and the bargaining chips will be wiped out, and retail investors will continue to advocate favorable value , At the same time, it is quietly shipped, and the stockholders also cut the company. What value is it, it is just a shell with a gold and jade, but a broken shell.
1. Market review
1. Market review
As shown in the figure above, at the daily line level, the rising wedge under the bearish trend was broken by heavy volume at a high level. It is currently suppressed by the downward trend line. Many attempts to attack have ended in failure. It is a high-level volatile and bearish market. short.
The follow-up market depends on whether it can fall below 6450 today. If it can, all the bottom-hunting buyers here will stop losses/explode positions to provide fuel for the price to continue to fall. Considering that there is still a positive sentiment for DCEP, if it rebounds upwards, Then it is expected that it will meet resistance and fall back around 6750. Those who have no short positions can pay attention to the short trading opportunities at this position.
2. Q&A in the group
Q1, 1. How many bottoms did you see today?
Answer: According to the current short trend, we first see 6100, then 5800, how the level goes up and down, there will be a symmetrical decline on the daily line, as shown in the figure below.
Q2. How to open a warehouse for spot goods?
Answer: Any attempt to establish a spot position in the short trend is a bottom-hunting behavior. It is recommended to wait for the daily short position to stabilize.
Q3. Can Bitcoin halving break through 8000?
Answer: It is very difficult. Even if it goes up, if it is not a strong stand, then it will come down. The price is halved, the assets are halved, and the technical bear market is still alive.
3. Trading strategy
other species
other species
ETH
Stepping back on the FIBO618 pressure level near 155.1 to intervene in shorting, the target is a new low, key support: 150, 148.43, 143, key pressure: 155.14, 158
EOS
Before the key support of 2.3347 is broken, it is regarded as a shock thinking, the key support: 2.43, the key pressure: 2.4249, 2.4754
BCH
Downtrend, there is still a relatively large downside space below, the current price is not suitable for chasing short, it is best to wait for the rebound to the key pressure to stabilize short trading opportunities, key support: 206.94, 203, key pressure: 217.22, 224
BSV
Two consecutive tops have been confirmed, and it is difficult to go back in the short term. The key support is at 171.34. When it can fall below, it will reopen a new wave of short-selling trends. In terms of thinking, wait for short-selling opportunities around 183.45, or after breaking 171.34. Step back to short.
DASH
Official account: C says blockchain
Official account: C says blockchain
Quotation consultation: sanbao1488
