Bitcoin oscillates down and bears are strong, can it usher in bottom-hunting and new lows?
Today's news
Today's news
1. According to the Huobi market, BTC is temporarily reported at 9283.80 USDT (-1.10%), HT is temporarily reported at 4.09 USDT (-1.61%), and HB10 is temporarily reported at 0.497 USDT (-1.38%);
2. According to the Huobi market, the performance of other mainstream currencies is as follows: ETH temporarily reported 227.34 USDT (-1.69%), XRP temporarily reported 0.188USDT (-0.64%), LTC temporarily reported 43.01USDT (-1.30%), BCH temporarily reported 231.70 USDT (-2.32%), EOS 2.51 USDT (-1.20%), ETC 6.18 USDT (+0.25%), BSV 169.10 USDT (-1.75%).
3. According to Feixiaohao data, as of now, the 24-hour turnover of the global digital asset market is 371.383 billion yuan, of which Huobi Global has a 24-hour turnover of 48.617 billion yuan, ranking first in the transaction ranking. The concept sector generally fell, among which social communication rose 18.53% and performed the best, and decentralized transactions fell 3.48% and performed the worst.
4. The top three currencies in the Huobi Global station increased: FTI (+87.89%), COVA (+52.45%), AIDOC (+28.29%); the top three decliners were: GNX (-16.05%), MTX (- 11.54%), IRIS (-8.69).
BTC/USDT
Market Analysis of Mainstream Currencies
ETH/USDT
From the perspective of the daily line level, the current point is on the lower track of the Bollinger Band, around 9320, and has been around Fibonacci 618 for a long time and has tried to break through many times. The upper pressure is at the 9400 line, and it is very difficult to stabilize it. After breaking the position, it will go all the way up strongly. If you can't break the position, you will go all the way down. Look at the picture KDJ. There is now a downward trend. And very strong. From the perspective of MACD, it is currently below the 0 axis and will soon enter the overbought zone. From the perspective of all the above indicators, today's thinking is mainly at high altitudes.
EOS/USDT
From the perspective of the daily line, ether was suppressed by MA10 and fell, the rebound volume can shrink, and the short-term bearish sentiment is strong. However, the four-hour line has not yet fallen below the support level at the left bottom of the W bottom at $223. As long as the support can be obtained at this position and the volume can rebound, the bulls will still dominate.
BCH/USDT
Prince Edward's rebound was relatively weak, and the upward movement was suppressed. The overall trend was a downward shock. The upper suppressed position focuses on the 237.8 position where the track and the five-day moving average are about to meet in the four-hour chart, the upper resistance focuses on 242-245, and the lower support focuses on 232-230.
(The market changes in real time, and there is a delay in the review of the post. The content of the article is for reference only and should not be used as a basis for making orders)
