Market Analysis: The digital economy era is coming, and we can't stop it
Industry news
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Industry news
1. Governor of the Central Bank of the Philippines: More needs to be done to make CBDC a reality2. Central Bank of Brazil: Brazil is ready to enter the era of digital currency
3. ETH 2.0 project leader:
Genesis block expected to launch in NovemberPayPal is in talks to acquire a number of encrypted digital currency companies including BitGo
BTC market analysis
secondary titleBTC market analysis
2020 will be a milestone year in the history of digital currency development. This year, the full launch of the global sovereign digital currency represents
The center of traditional sovereignty began to realize what the true meaning of the digital age is, and finally understood that the trend of the digital age is unstoppable, and it is far wiser to embrace than to block.
Various mainstream funds have begun to actively embrace digital encrypted assets and cryptocurrencies represented by BTC, and the fundamental year for truly confirming the consensus fundamentals of $10,000 for BTC is 2020—the Year of Gengzi. From a practical point of view, this is a funny year, but from a theoretical point of view, this is a year of chaos; from a philosophical point of view, every moment has its meaning, but the meaning of this year is for the digital world It is more special significance.
13000 on BTC? How will the market outlook go?In the long run, it is still the judgment of dead bulls. This analysis logic and conclusion have never changed, but the facts are constantly confirming our judgment and analysis.
In the mid-term and short-term, there is still the possibility of continuing upward, but the probability is small.From an operational point of view, chasing high at this position, the profit-loss ratio is not high, and the position is difficult to manage (of course we are talking about the situation where you have no position, but you start to open a position after reading our market analysis, then your cost should be 7000- $8,000 range, then there is no position where position management is difficult, because you have enough safety cushion.)Therefore, in terms of short-term strategy, although the market is hot and good, but
Looking at the deviation rate of the daily line, it is so far away from the moving average, and the market volume can subsidize it but is not connected. If you get on the car at this position, it is easy to overturn in a curve.
ETH market analysis
secondary titleETH market analysisThe ETH2.0 we were waiting for finally came out. Danny Ryan, the head of the Ethereum 2.0 project, said that anyway,Genesis block expected to launch in November in less than two weeks
. As soon as the news came out, ETH soared by 4 points. Although this round of ETH's increase was not driven by market funds caused by its own fundamentals, but was driven by BTC, but
Whether this position breaks through from the daily line or the center of the 4H cycle, it is a fluctuation worth participating in.
Of course, we have repeatedly reminded everyone of the 365 position opening range a few days ago. Although we never judged that the market trend of BTC was so strong at that time, we analyzed the safety of the 365 position of ETH.
To be safe is to be undefeated, and then to win.At present, we have to wait for the return of 390. The strong market trend of BTC must have stimulated the developers and investors of ETH psychologically, so it is so urgent to release the news that the genesis area of 2.0 will be released in November no matter what. piece.. At that time, we will make a strategy according to the market situation, and it is only for analysis at present.
XRP/LTC/EOS/BCH market analysis
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XRP/LTC/EOS/BCH market analysisIn the current situation where the increment is insufficient, more attention should be paid to the leader and the mainstream.
DOT/KSM market analysis
secondary titleDOT/KSM market analysis
DOT has no good news recently, but the fundamentals are good, so the trend is very stable and has its own rhythm.
Although the amount of energy has not increased, the structure is very clear. This is the reason why there are few people participating in the fluctuation. Of course, this can also be seen from the mortgage rate. Yesterday we also analyzed several reasons for its independent trend.
