Market Analysis: The window of opportunity has arrived, don’t hesitate when it’s time to get in the car

区块链骑士

特邀专栏作者

2020-06-10 11:46 (UTC+8)

This article is about 1248 words, reading the full article takes about 2 minutes

Increased price volatility points to higher daily trading volumes, a factor in the market's imminent rebound.

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Increased price volatility points to higher daily trading volumes, a factor in the market's imminent rebound.

market news

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market news

Fidelity Report: Number of Institutions Buying Cryptocurrency Futures Doubles in 2020

Fidelity Digital Assets, a subsidiary of Fidelity Digital Assets, has seen a significant increase in the number of U.S. institutional investors buying cryptocurrency derivatives in 2020. Institutional sentiment related to cryptocurrencies is improving, according to Fidelity. Almost 80% of respondents found the asset class attractive.

When it comes to how institutional investors can increase their allocation to cryptocurrencies in their portfolios, there is no doubt that their number one choice is Bitcoin. 22% of respondents investing in digital assets increased their cryptocurrency exposure through futures, compared to 9% in 2019.

Cryptocurrency derivatives trading volume soared to a record high of $602 billion in May. Options contracts appeared to show the greatest growth compared to the previous month.

For any target to rise, it needs a great story to spread, and it needs a group of evangelists to share it. In the final analysis, any kind of behavior in history and reality is actually "Ponzi". It's just that we choose to be in this game, how to see through the reality, still enjoy it, and be able to clearly judge the situation and get out of it.

BTC market analysis

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BTC market analysis

There is nothing to say about the daily line, and we will continue to maintain the long-term bullish trend. Today we will focus on analyzing the short-term contract friends, because several friends have been blown up when they play contracts and leverage, and I can only send a sentence "I don't know The true face of Lushan Mountain is only because of being in this mountain.”

Look at the screenshot above, and review the corresponding box, and you will understand that the shorter the line, the more fluctuations and glitches in the middle, from the communication field, the more noise, so the smaller the level, the more frequent the fluctuations.

A sharp rise is often accompanied by a sharp fall; in this market, the number of chips is fixed, and people entering the market carry funds of different magnitudes. If you want to make money in this zero-sum game, you have to eat others The bargaining chip, that is, what you earn must be lost by others.

Behind the market is capital, behind the capital is people, and the bottom of people is sex. Remember! Sexual qualities also.