Market analysis: Bitcoin breaks through a new high this year, how will the market go?
Industry news
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Industry news
1. U.S. CFTC: Cryptocurrency derivatives brokers should be very cautious about holding client funds
4、2. Bundesbank officials: It is important to create tools to limit the use of the digital euro
3. Ernst & Young leads Samsung SDS and Naver-Line to bid to test South Korea's CBDC
UK Bitcoin Bank App Mode Plans to Convert 10% of Cash Reserves to BitcoinBlockchain and other technologies are profoundly changing the future financial ecology
BTC market analysis
secondary titleBTC market analysis
It hit a new high in the year yesterday, and important payment institutions in the EU and the United States began to open BTC allocation channels one after another. The market expansion was further enlarged, and the trend was in line with our previous predictions.
, BTC is the biggest beneficiary of the liberalization of the digital world.BTC hit a new high of 13,200 this year yesterday, what is the follow-up trend? Will it continue to be strong?My current judgment is still consistent with yesterday. Even if it hits a new high, the sustainability of this position is still not high. The position of around 12000 needs time and the market to verify,
Hold positions and wait for a callback, then increase positions, and those with positions will not move. The strategy remains the same.
ETH market analysis
secondary titleETH market analysisThe alpha attribute of ETH is not strong. In the process of blockchain application development, the competition between ETH2.0 and Polkadot has been hyped by the media and various analysis agencies to a fever pitch, but is there really such a big competition between the two? The probability is exaggerated,The two can co-exist for a long time
, there is no difference between life and death without you,And ETH, as one of the asset allocation tools accepted by the mainstream market, has also established its market position.
Yesterday I talked about the allocation position range of ETH to be around 365. The high point yesterday was 400, and it has fallen back to around 390. The upward momentum is insufficient, and I am not optimistic about the short-term market follow-up. Wait for a callback before observing and making a strategy.
XRP/LTC/EOS/BCH market analysis
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Before we let everyone pay attention to the opportunity of this round of BCH, we missed LTC, which should be missed, at least we can’t seize this opportunity. The hype method of hot money is slowly connected to the cryptocurrency market, and Pandora's box is gradually closed.
DOT/KSM market analysis
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DOT/KSM market analysisThe trend of DOT barely follows the market trend, but the alpha attribute is far lower than the market, indicating: 1. The market attention is declining; 2. There is no expected change in the fundamentals of Polkadot’s ecology; 3. The main force controls the market seriously; The mortgage rate of large households is high, and it is difficult for small investors to form a market driving force.
Therefore, it is difficult to have a big market in the short term.
