Market Analysis: The Good Seek Invincibility, The Weak Seek Profit

market news

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market news

1. G7 Draft: Oppose Facebook to Launch Libra Stablecoin

2. G7 Group cooperates with IMF, World Bank and BIS to establish central bank digital currency rules3. Grayscale Ethereum Trust has been officially approved by the SECThe number of blockchain financing reached a new high in September

5. Report:Intensive regulation of cryptocurrencies

6. PwC Economist: Digital RMB may integrate 8 payment systems in the future to form a unified

BTC market analysis

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Grayscale Ethereum Trust was approved by the U.S. SEC last night; so far, Ethereum has been expanded again. In the future, as an indispensable asset allocation tool in the market, its market position will no longer be limited by the unipolar limit of application expansion. mean

Cryptocurrency is being gradually accepted by traditional capital markets as a legal and effective asset allocation.The embodiment of this attitude is a manifestation of the progress of an industry. 2020 is a year that connects the past and the future. The old world is suffering from the fiery water, while the new world is slowly opening in the ascendant.The introduction of CBDC in various countries means that a new anchor and transaction system is needed to complete the historical change.

soFrom the current point of view, this anchor is none other than BTC, and 99% of this trading system will be realized with the blockchain as one of the underlying technologies. Whether you brag or not, believe it or not, this is what we have to accept fact.

so

In the medium and long term, we still adhere to our dead long cognition and look firmly at the future.Judging from the current market fundamentals, there is also sufficient market sentiment support.

ETH market analysis

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ETH market analysis

Grayscale’s ETH trust investment tool was approved by the SEC yesterday, which means that the era of ETH’s expansion is coming, and the channel of the traditional capital market will be opened, and there will be flowing water slowly flowing in.

It reminds me of a poem "The day is surrounded by mountains, and the Yellow River flows into the sea; if you want to see a thousand miles, go to a higher level." The higher level of cryptocurrency is to be accepted and guided by the traditional market. After all, At present, the largest community is only about a few hundred thousand, and the number of stockholders in Chengdu alone is more than two million. This is the difference between a market worth tens of trillions and a market worth hundreds of billions.Speaking of ETH, the short-term is definitely turbulent. Although there were changes in the fundamentals that we have been mentioning yesterday, the volume of the market still has not increased, but it fully demonstrates thatup.

Therefore, there is still room for arbitrage to look for opportunities in the shock.

XRP/LTC/EOS/BCH market analysis

There is still no capacity, the strategy is to wait.

DOT/KSM market analysis

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DOT/KSM market analysisFrom a technical point of view, both DOT and KSM have been replenished during the decline.You can compare it before and after, which shows that the market consensus is still very strong, and the follow-up long-term market still has a mass base. These are positive allocation signals. From the current development progress of Polkadot,