The work report is announced, the market is calm, and the variable factors are smaller
Yesterday's much-anticipated opening ceremony of the two sessions was finally successfully completed, and the work report became a hot spot in the WeChat group.
The digital currency market was calm and hardly stirred up any ripples, but the A-share market fell into a relatively pessimistic mood due to related events and the lack of specific GDP requirements for the first time, and the market fell severely.
When we predicted the content of the two sessions yesterday, we clearly pointed out that the position of digital currency and digital assets at the current stage should be placed after Chapter 6. From yesterday's work report, we can see that the primary work goal at this stage is to "protect" and "stability"!
"Protection" and "stability" have been mentioned to such an important position over the years. Everyone should understand the severity and uncertainty of the current global economy. This means sufficient cash flow and a long-term stable development plan, both for individuals and businesses are so important.
Careful use of credit cards, preparations for the long-term front, and good food storage are the best preparations before departure for a long-term expedition. May everyone be able to "jump in the abyss, fly in the sky"!
BTC market analysis
BTC market analysis
In the picture above, the analysis logic will not be elaborated today, please refer to the previous article for details. To put it simply, on the one hand, there are no hot spots in the market, and on the other hand, other currencies except mainstream currencies have no ability to attract funds.
The relatively pessimistic expectations of the overall capital market have led to the spread of the market's wait-and-see attitude and reduced participation. The strategy remains the same as before, wait for the position of 8600, drop quickly and increase the volume, and enter 30% of the position when the withdrawal is rapid. The premise of entering the market is a rapid withdrawal and a good stop loss strategy.
ETH market analysis
ETH market analysis
From the current point of view, after breaking 200 yesterday, ETH slowly rose from 194 to around 208, and will try to test the pressure around 213 again. So now we adjust the previous analysis, we have to wait for the buying range of around 180, and there is a 60% chance that we will not be able to wait.
Unified analysis of XRP, LTC, BCH, EOS
Unified analysis of XRP, LTC, BCH, EOS
Still in weak order, trading opportunities still need to wait, but do not look forward to!
