Market analysis: not all projects can be "DeFi"

区块链骑士

特邀专栏作者

2020-08-15 11:36 (UTC+8)

This article is about 986 words, reading the full article takes about 2 minutes

At the current stage, the fundamentals of BTC have been fully supported under the global currency market.

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At the current stage, the fundamentals of BTC have been fully supported under the global currency market.

market news

1、secondary titlemarket news

2、Tether (USDT) has a market cap of just over $12 billion.Since March 2020, the market capitalization of Tether (USDT) has increased by 140% from $5 billion.

CME Bitcoin Futures Open Interest SoarsInstitutional investor interest is on the rise3. Ant Chairman Jing Xiandong said,"On-chain will become a standard configuration for every enterprise in the digital economy era."It is not an exaggeration to say that without an engine of trust, it is difficult for the digital economy to truly develop. Or, seeing the future prospects, Jack Ma even raised the importance of AntChain to the importance of Alibaba Cloud to Ali 11 years ago, thinking that AntChain will determine Ali's status in the world 10 years later.

BTC market analysis

secondary titleBTC market analysisLooking at the daily line, BTC is strengthening. Without the drag of the gold market, the entire market will be more stable.

However, due to the influence of gold correlation and a lot of internal mainstream funds, its trend will be relatively stable.

At this stage, BTC is more like an index indicator, as a criterion for judging the market, rather than the target of hype. Regular investment in BTC will become a way of regular investment in digital currency.The 4H cycle reaches the top of the center, but there is still not enough energy and news themes to stimulate, and there is a high probability that it will still fluctuate.

If it does not break through 12000 at present, the callback will reduce some positions. The premise is that the positions are heavy and not heavy. Holding positions is the best strategy at this stage.

ETH market analysis

secondary title

ETH market analysisETH is still ETH, and it is launched at night again. The last few times the market has been at night, what does this mean? I haven't figured it out yet.ETH hit a new high. In the 1H cycle, a small platform was built, and the center was built for 15 minutes, and then it was directly launched, and the platform became smaller and smaller.

Before Ethereum 2.0 is completed, the expected story will still exist, the long-term fundamentals have not been falsified, and the hype story will still exist.