The pressure level is highlighted, can the market continue to rise
Review of last issue
Review of last issue
BTC: In the short term, BTC is mainly long. The stop loss point is $6,900. Pay attention to whether the good news can continue to ferment. The target profit point can be set at $7,400. After being blocked at $7,300 on April 18, the lowest price fell to $6,750, and it has now broken through $7,500.
EOS: In the short term, EOS can be short-term and short-term. The stop loss point is set at $2.8. After the price breaks through, it can be heavy and long. On April 17, EOS rose to $2.76, and then fell to $2.44, a drop of more than 10%.
Highlights of this issue
Highlights of this issue
Summary: According to the standard consensus sentiment index, the current market sentiment is good. The latest index is 1.07. This week’s index has fluctuated greatly, indicating that the market’s speculative sentiment is strong, and the confrontation between long and short sides is relatively strong. Although the index has rebounded, the trading volume is not Not enlarged, the market rise did not attract new funds to enter the market.
BTC: BTC will test the pressure level of the $8,000 integer mark, and it can be shorted on rallies appropriately, with the stop loss point set at $8,100.
BCH: BCH can be shorted on rallies, and the stop loss point can be set at $250. If it breaks through, you can increase your position and go long.
current report
As of the release of the report (April 24, 2020), the total market value of global digital currency assets this Friday was US$213.775 billion, a year-on-year increase of US$10.62 billion, or 5.23%. The 24-hour market turnover was US$149.512 billion, a year-on-year decrease of US$13.504 billion or 8.28%. This week, the market value fluctuated greatly, with an amplitude of more than 10%. The 24-hour turnover showed a fluctuating and downward trend. After the rise, the willingness of funds to enter the market was not strong. The overall wait-and-see sentiment is relatively strong.
Data source: standard consensus, CoinMarketCap
According to the standard consensus sentiment index, the current market sentiment is good. The latest index is 1.07. This week’s index has fluctuated greatly, indicating that the market’s speculative sentiment is strong, and the confrontation between long and short sides is relatively strong. Although the index has rebounded, the trading volume has not increased. , The market rise did not attract new funds to enter the market. At the same time, according to the ratio of Bitcoin to the total market value, the market value of Bitcoin has not changed significantly, fluctuating around 64%; the market value of other currencies has not changed significantly. BTC is still in a dominant position in the market, and the recent trend of BTC is stronger than that of other currencies.
Data source: standard consensus, CoinMarketCap
According to the standard consensus halving countdown index, the current block height of BTC is 626,371, and there are only 25 days left before the next halving. The halving of BTC output value is just around the corner, and the difficulty of BTC mining has changed from a drop to an increase. Although the BTC price has risen to a certain extent, the current BTC price will still lead to the decline of a large number of mining machines.
Trend review and analysis of BTC, ETH, BCH
Trend review and analysis of BTC, ETH, BCH
According to CoinMarketCap data, the average daily turnover rate of BTC in the past 7 days is 27.17%, which is 0.63% lower than the average daily turnover rate in the past three months, and 2.43% higher than the average daily turnover rate last week. After testing $7,300, BTC fell short-term, with the lowest drop to $6,750. Afterwards, affected by the United States’ anticipation of the Iran war and the continued release of water by the United States, various assets such as oil and gold rose to varying degrees, and BTC was also stimulated by related stimulus to rise rapidly, breaking through $7,700 at the highest. BTC will test the pressure level of the $8,000 integer mark, and it can be shorted on rallies appropriately, and the stop loss point is set at $8,100.
risk warning:
risk warning:
Be vigilant against illegal financial activities under the banner of blockchain and new technologies. The standard consensus resolutely resists various illegal activities such as illegal fundraising, network pyramid schemes, ICO and various variants, and dissemination of bad information using blockchain.
