Market analysis: the stock market and the cryptocurrency market will resonate sooner or later

区块链骑士

特邀专栏作者

2020-07-07 11:08 (UTC+8)

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If the stock goes up, investors will have more capital and will be more inclined to buy cryptocurrencies.

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If the stock goes up, investors will have more capital and will be more inclined to buy cryptocurrencies.

market news

1、secondary title

market newsThe three departments jointly released 9 new occupations including blockchain engineering and technical personnelAccording to CCTV news, yesterday, the Ministry of Human Resources and Social Security, the State Administration for Market Regulation and the National Bureau of Statistics announced 9 new occupations, includingBlockchain Engineering Technician, city management grid officer, Internet marketer, information security tester,

2、Blockchain Application Operator

, online learning service teacher, community health assistant, elderly capacity assessor, additive manufacturing equipment operator.

Ant Group and COSCO SHIPPING cooperate to empower global shipping through AntChainOn July 6, Jing Xiandong, chairman of Ant Group, posted on Weibo today that Alibaba Group, Ant Group and COSCO SHIPPING, the world's largest integrated shipping company, signed a strategic cooperation agreement today. Jing Xiandong said, "I look forward to the ant blockchain to help COSCO SHIPPING to accelerate the digital upgrade of global shipping, and use the ant chain to create an ecosystem of efficient collaboration between international shipping, trade, and finance, making global trade more prosperous and more efficient."

3. Report:

Cryptocurrency trading volume on exchanges plummeted nearly 50% in June from MayAccording to Cryptoglobe news on July 7, CryptoCompare’s exchange review report showed that cryptocurrency trading volumes plummeted in June to “about half of the daily trading volume” in May. The report noted that spot trading volumes on top cryptocurrency exchanges fell 36 percent to $177 billion last month, while volumes on lower-tier crypto exchanges fell 53 percent to $466 billion.

4. Opinion:

Cryptocurrency Markets May Benefit from Continued Rally in Chinese StocksAccording to Bitcoinist, the encrypted financial company Amber Group stated that the cryptocurrency market may benefit from the continued rise of the Chinese stock market. The firm explained that the FTSE China A50 Index hit a new high, indicating that Chinese investors are taking risks, potentially boosting Bitcoin. If the stock goes up, investors will have more capital and will be more inclined to buy cryptocurrencies.interpret: The rise of the stock market in the early stage will only have a blood-drawing effect on the cryptocurrency market, and will not play a positive role, because the money-making effect guides the flow of funds, soThe early stage of the stock market surge is not good for the cryptocurrency market. that arrivesmid-late, This is a process of passing on. Don't worry, just embrace the changes actively.

BTC market analysis

secondary titleBTC market analysisAffected by the spread of positive sentiment in the stock market, it stagnates during the day and rises at night, and everyone is not idle.

The 4H cycle quickly pulled up after completing another 9000 break, and returned to the 9300 position, which is a confirmation of the bottom of the daily center, but it is not an affirmation of the market's rise.

Those who have a position hold it patiently, and those who do not have a position evaluate whether you can afford to wait when you get in the car!

ETH market analysis

secondary title

However, the position of 240-250 is still difficult to break through. There should be an adjustment after this test. It needs to see whether the center of gravity moves up. If the center of gravity moves up, the position increase is also confirmed. Now we need to wait for the center of gravity to be determined.