Market analysis: Bitcoin rests in place, and the market ushers in a temporary retracement

Industry news

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Industry news

3、Willy Woo：1. The V20 summit will be held soon, with the main topics being stable currency and DeFi regulation

4. Wang Yongli: The digital renminbi positioning M0 does not mean that it must be managed in accordance with the cash operation mode

BTC market analysis

secondary titleBTC market analysis

The world's largest free trade zone agreement was signed yesterday, God bless China, the process of RMB internationalization is one step closer, and the central bank's process of financing 3 billion in Malaysia with the digital currency DCEP has begun.China's digital currency is taking the lead in the world.

The longer the time period of factors affecting the market, the higher the certainty, the smaller the variable factors, and the smaller the market volatility.

It is not a wise choice to hold positions and wait, and it is not a wise choice to increase or decrease positions.

ETH market analysis

secondary titleIn the short term, it will fluctuate around 440-470 in the 4H cycle center, but for the expectation of the fundamentals of ETH, we choose to gradually build positions at the bottom of the center.

XRP/LTC/BCH/EOS market analysis

According to yesterday’s analysis, ETH continues to strengthen, and small coins will continue to follow suit. However, the leading positions of ETH and BTC have not been handed over, resulting in unstable market fluctuations. This is also the reason why we analyzed yesterday why we did not follow suit and hype non-mainstream small coins.

DOT/KSM market analysis

secondary titleDOT/KSM market analysisThe alpha attribute of KSM is still very high, and the market volatility is relatively large. With the increase of participating retail investors, the trend volatility is also greater. But judging from the fundamental changes of KSM,

Market hopes are growing for the canary testnet