Market analysis: Bitcoin failed to hit $16,000. Do you want to reduce your position now?
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1、market news
The first batch of applications for Shanghai FinTech Innovation Supervision Pilot has been registered and UnionPay blockchain products are registered
2. Federal Reserve Chairman Powell once again called on Congress to introduce more fiscal stimulus
3. Coinbase may be accelerating its deployment in the Japanese market4. ETH 2.0 confirms the release time, causing users to increase their holdings of ETH
The number of over 32 ETH addresses hit a new high5. The total scale of grayscale encrypted asset management has risen to
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BTC market analysis
BTC market analysis
Comrade Biden pulled back a round, causing gold to soar. Yes, BTC broke through 15,000 overnight and went straight to 16,000. Changes will always exceed our plans, although we have been analyzing that this round of US elections is the biggest variable, and BTC, as one of the best safe-haven assets, will become an important allocation target as a hedge.However, the expectation of breaking through 15,000 and going to 16,000 was not predicted by us. Yesterday we reminded that if we reach above 14,000, we need to reduce half of the position. This lightening behavior may be difficult to reduce under this trend, but the current position I believe I still feel that it is time to be cautious about risks. The US election is still uncertain, but the variables are getting smaller and smaller.Once the boots hit the ground, whether BTC can maintain such a strong momentum will be a huge unknown
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ETH market analysis
ETH market analysis
The news of ETH2.0 announced the day before yesterday, it will be launched in December, followed by Grayscale increasing its share of ETH, causing Grayscale’s digital asset management scale to rise to 8.6 billion US dollars, and at the same time, ETH currency holding addresses have reached a new high.Although the market is lagging behind in terms of fundamentals, if you continue to track the fundamentals, you will wait for the most timely opportunity.
So we have been calling the position of 380 safe, but it is true that we cannot predict the suddenness of this round of trends and changes in fundamentals in advance. We can only choose to deploy in a safe position. This is trading, which is uncertainty.
So if someone publishes an article telling you that he can predict the future and predict the form, then it is all nonsense. Anyone who has read our article knows that we have been tracking ETH and have fully predicted the results of fundamental news stimulation. However, this kind of forward-looking intervention that suddenly triggers market fluctuations and the ability to accurately step on the point is beyond our control. It doesn't seem to be.But strategies and analysis are all on point, so we are not the smartest and most effective information monetizers,secondary title
XRP/LTC/EOS/BCH market analysis
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DOT/KSM market analysis
DOT/KSM market analysisAlthough DOT is the mainstream, but this time it has become popular again, so it is closer to the position of around 5. If BTC dies down, remember this timeFor positions below 4, you must resolutely sell high and then buy them back.
Stop riding the roller coaster every time.
The same is true for KSM. The launch of ETH2.0 is not good for the Polkadot ecosystem. Polkadot may not make substantial progress this year, so everyone must be clear about market changes and make their own clear decisions based on market changes. strategies and programs.
