Market analysis: Bitcoin rests in place, but there is a target worthy of attention

BTC market analysis

secondary titleBTC market analysisAs the uncertainty of the old US general election is getting lower and lower, the performance of US stocks has stabilized.

As shown in the figure above, we believe that BTC will still fluctuate in the center of the 4H cycle in the short term, and the bottom support area is consistent with the previous judgment, around 13400-13500, but for the sake of medium and long-term shocks, we will expand the support range to 13000 position of the center of gravity. We believe that the central axis of the mid-term shock is around 13,000.

ETH market analysis

secondary titleAt present, the central support position of 385 is relatively safe. The profit-loss ratio is cost-effective.

XRP/LTC/EOS/BCH market analysis

At present, the small coins are all in the state of breaking through the center of the 4H cycle. It can be seen that the small coins watched BTC stop performing, the capital sentiment immediately retreated, and the market died down. After the flag is erected again, come and wave a hoe while it's hot.

DOT/KSM market analysis

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DOT/KSM market analysisDOT’s three consecutive high-volume lines felt a little strange. First of all, placing such a large amount at this position, and shrinking the volume at the bottom of the decline, obviously does not seem to be the work of the main force, because it is obviously impossible to collect so much when the volume is released. For goods, the resistance below 4 is very strong.

Therefore, there is a possibility that a certain large household was in a hurry to use money or panicked because of something, defected and cashed out, and the main force made a big deal. illustrateThere are too many real participants in the market, and the shock may continue in the future. Therefore, it is necessary to make corresponding investment strategies based on this information.