Market Analysis: Cryptocurrency Market Begins a Halftime Break, Risks and Opportunities Coexist
market news
secondary titlemarket news1. Overnight external trading:
2、Nasdaq, S&P 500 hit record closing highs; The Dow rose 0.69%, the Nasdaq rose 0.42%, and the S&P rose 0.34%; Apple rose more than 5%, and its stock price approached $500. It has risen more than 70% this year; Pinduoduo fell more than 13%.
3、International oil prices both closed down, both oil prices in the United States and Burundi fell by more than 1%.
4、International gold price rose slightly
, As of the close, the most active December gold futures price in the New York Mercantile Exchange gold futures market rose 0.5 US dollars from the previous trading day on the 21st to close at 1947 US dollars per ounce, an increase of 0.03%.
6、Polkadot has completed the DOT split.
BTC market analysis
secondary titleBTC market analysisBTC broke from the trend line and entered the daily central shock again. Although BTC is still the strongest, but when gold rises, BTC does not rise; when gold falls, BTC falls with it; this is an obvious "A-share phenomenon" that follows the fall but not the rise.
Market sentiment pessimistic, cautious
Shrinkage is the best indicator of change, wait!
ETH market analysis
secondary titleETH market analysisJudging from the analysis of the past few days, the situation we least want to see has happened.
The center of the 4H cycle has really expanded to the level of the daily center.From the perspective of the daily moving average, the adjustment is also at the level above the mid-cycle. To initiate a market at the daily level, the 30/60-day long-term moving average needs to be repaired, and a certain period of time is required.In the short term, the market is at the level of the 4H cycle, with small fluctuations,Participation depends on the allocation of one's own energy and time.
The relative bottom position close to the daily line and 4H cycle is relatively safeIn an immature market like digital currency, buying up is always safer than buying down. This is human nature and emotion, but the most critical point is that you
First of all, we must judge the general trend.
secondary title
Unified analysis of XRP, LTC, EOS, BCH marketBecause all currencies have expanded from the adjustment of the 4H cycle to the adjustment of the daily center.Let's take XRP as an example,The volume of the two platform adjustments can be reduced, and the volume is shrinking near the bottom.
Therefore, relatively speaking, there are relatively few selling orders at the bottom of the daily center, and the sentiment of the bulls is greater than that of the bears.
