Is the entanglement below 10,000 the top or the prelude to the rise?
Fundamentals
secondary title
Fundamentals
On the other hand, the U.S. economic data has further exceeded expectations, and a more accommodative monetary policy is taking shape. At the same time, OPEC will implement production cuts, oil prices will rise, U.S. fiscal stimulus will be further increased, and deflation expectations will be repaired.
secondary title
BTC market analysis
technical side
BTC market analysis
The current trend and the analysis of the previous two days’ analysis of the upward rush to the 10,000 mark will fail to fall back, and the support of the 9300 range will be retested. If the support of the 9300 range is effective, the shocks will narrow, and the gold, non-ferrous metals and other heavy metals will continue to rise, and the trade situation will continue to escalate; BTC It is expected to usher in a wave of big gains.
Of course, at present, technically, it is still necessary to continue to observe the structural trend within the expansion center. At present, the focus is on the support of the two ranges of 9300 and 8600.
If the trend breaks below 9300, as a trader, you should prepare about 30% of the position for the 8600 order; if you go up, you will increase your position, and if you go down, you will stop the loss. This is a transaction. There is no guesswork or prediction at all, only actual combat can get the benefits in your hands, and talking about it will only affect your health.
From the perspective of the 1H cycle, there will be a platform support around 9500, and then the support around 9300 will be found after it breaks down. From the perspective of 1H, the support of 9300 is still very strong. Currently, the optimistic judgment of the first trend is maintained for the time being, but We do not make plans, because the trend has not come out yet, and we cannot correctly judge the market outlook. Need to wait for verification.
ETH market analysis
Therefore, in terms of operation, it is currently mainly on the sidelines.
Look directly at the 1H cycle, because of the 4H and daily line cycles, we have already analyzed in depth in the previous two articles, and it is exactly the same as the trend analysis at present. Looking at it, the trend of ETH follows BTC, so we only need to follow the market of BTC to analyze ETH.
XRP, LTC, BCH, EOS market analysis
Operation is still on the sidelines.
XRP, LTC, BCH, EOS market analysis
