Market Analysis: Anxiety falls, Joy rises, Dare to buy and sell

区块链骑士

特邀专栏作者

2020-10-12 11:20 (UTC+8)

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Now Bitcoin has one more basis for value consensus, which is the intermediate anchor position of digital currency.

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Now Bitcoin has one more basis for value consensus, which is the intermediate anchor position of digital currency.

BTC market analysis

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BTC market analysis

It has been two days since the last analysis, but these two days seem a bit too long. BTC was still around 10,600 at that time. After falling by $200 at that time, other currencies all fell by close to 10%, and the entire encryption world was still in mourning.For BTC, we have started to analyze its fundamental logic since we started writing quotations at 7000. The dual attributes of gold and the US dollar have always been firm in our judgment of dead longs, but it seems that the whole circle has no response. He started entrusting me to help him buy BTC, and when it was 3800, I asked him to keep buying, and he told me that it would crash.

Now Bitcoin has one more basis for value consensus, which is the intermediate anchor position of digital currency.

There is no need to judge in the short term. You can't rush to get in the car at this position, and wait for the adjustment to appear.

ETH market analysis

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Strategy: Need to wait.

XRP/LTC/BCH/EOS market analysis

At present, there is still no chance. The opportunity at the application level still depends on the upgrade of Ethereum and the establishment of the Polkadot ecosystem. These currencies still have no chance in the short term.