Market Analysis: Is the suddenly quiet air before dawn or after dusk?
Industry news
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2、Industry news1. South Korea’s taxation on encrypted digital currency may be postponed for three months
ETH2.0 deposit contract progress reaches 100%
Genesis block will start as scheduled
3. Wall Street Journal front page headline: BTC transaction record is attracting more support5. A breakthrough in the total scale of grayscale encrypted asset managementDollar
12 billion2020 marks Bitcoin's "watershed" for institutional adoption
BTC market analysis
secondary titleBTC market analysisGrayscale has bought more than 1,000 BTC, and the current total holdings exceed 12 billion US dollars. Wall Street Journal front page headline:
Record BTC transaction is attracting more support.
ASX-listed investment management firm Pendal Group, which manages $73.6 billion, has started investing in bitcoin futures.
At this stage, the technical analysis is temporarily abandoned. Why? Driven by the crazy market funds, the incremental energy has been far greater than the funds in the balanced market. If passivated market indicators are used to judge the current trend, technical people will only be beaten in the face frequently. Knowing what technology to use at what stage is the core of the technical school's reflection.Everything seems to be going well, there is no sign of danger, and the silence in the woods is scary.
ETH market analysis
secondary titleETH market analysisThe progress of the ETH2.0 deposit contract has reached 100%. The genesis block will be dug out on the scheduled December 1st. As soon as the news came out, the market did not go up as expected. ETH had crazily cashed in the gains yesterday.
The previous increase has exceeded the expectations of the main force and most retail investors, which makes the wallet no longer enough after the news comes out (in other words, if the good is exhausted, it will be bad).. The trend has not changed, do not say no, but be alert to risks.
XRP/EOS/BCH/LTC market analysis
secondary titleXRP/EOS/BCH/LTC market analysisIs the rise of these small coins over? From the point of view of energy, just finished a wave, you can see from the amount of energy,
Holding currency and not being easily shaken off is the strategy that should be implemented most. Now there is no such thing as mainstream or mainstream. The market is already in the second half of the crazy period. We need to be alert to risks, but don't get off too early.
KSM/DOT market analysis
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KSM/DOT market analysisKSM amazed the audience yesterday, and the bigwigs who scolded me for saying that I won’t go up before started blowing it up again. KSM’s independent market thinking logic has been analyzed yesterday. An independent person means that if you rise, I may not necessarily rise, and if you fall, I may not necessarily fall. When you do not rise, I may skyrocket. The amplitude is so large, why? The market is small, the main force is unified, and the ups and downs are all your own bargaining chips.DOT also analyzed yesterday that this round is not a fundamental market, but a market driven by BTC and ETH.
Now that the rise of BTC and ETH is coming to an end, it is natural for followers to stop and wait and see the situation on the battlefield to see if they will participate in the battle.
