Market analysis: the outstanding bitcoin continues to be strong
Industry news
secondary titleIndustry news
1. Li Lihui:
Digital RMB may develop into a global digital currency
2. Singapore’s DBS Bank’s official website removed information about digital asset exchanges3. JPMorgan Chase sets up a new department for blockchain and digital currency projects
5. Grayscale Report: More than half of American investors are interested in Bitcoin
BTC market analysis
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BTC market analysis
In order to prevent my friends who read our article and think that we are an afterthought player, you can take the trouble to look through the analysis of our previous article. This trend of 13000-13800 is inevitable, and only the completion of the 4H cycle In order to complete the end of the trend.So let everyone stay at the position of 13000 (1/3 of the central position in the 1H cycle, the reason why the position is increased by 1/3, I also talked about the reasons for the safety cushion and the profit-loss ratio before, and you can analyze and think about it yourself), The trend has reached what it is today. If there are no major external factors, then BTC can rise steadily.We also analyzed before
This round of BTC has already obtained the consensus and support of the traditional capital market, and its essence has a completely different market position from that of BTC three years ago.
Therefore, its long-term value and allocation attributes have formed a force that cannot be ignored, revealing firmness in the hesitant market trend.So what's next?
As long as there is a slight fluctuation in the market, it will definitely have a psychological impact on some people in the market. External factors, on the one hand, are the impact of the old US election on the capital market, which in turn affects the gold and cryptocurrency markets. Therefore, the market must analyze the market carefully and be prepared to deal with it at any time. It is a problem that must be faced in the short term.
ETH market analysis
ETH maintains yesterday's analysis, and it is going through the expansion of the 4H cycle center. The market consensus is not strong due to changes in fundamentals. In addition, the blood-sucking effect of BTC still has a relatively large impact on ETH. Continue to pay attention later, there is no corresponding operation strategy for the time being.
XRP/LTC/EOS/BCH market analysis
secondary titleXRP/LTC/EOS/BCH market analysiscurrently watchingThe 4H cycle of EOS and LTC is worth watching, and XRP has just entered the 4H central consolidation, and the follow-up time period is still uncertain, but the consolidation of EOS and LTC has basically been completed, so the inevitability of the launch is greater. For the layout strategy, you can consider it below the central center line of the 4H cycle.
DOT/KSM market analysis
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DOT/KSM market analysisDOT enters the 1H cycle central consolidation (4H cycle platform consolidation), from the perspective of the 4H cycle, it maintains a strong consolidation form, the strategy remains unchanged, and attention is paid to subsequent changes.
