Market analysis丨Detailed dismantling: Why is 18500 the latest strong support for Bitcoin?

Industry news

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Industry news1. The European Central Bank plans to conduct preparatory experiments on the digital euro in four aspects

3、2. Digital RMB pilot race:"Double offline" first exposure

Jingdong MallBecame the first online scene to access digital RMB in the digital RMB red envelope pilot program

5. Data: Bitcoin activity hits a 7-month high, and long-term holders are closing their positions

BTC market analysis

secondary titleBTC market analysis

The trend of BTC rose again after falling back to 18,500, and the 4H cycle center was officially confirmed. This time the rise was immeasurable, indicating that there were very few retail investors following this round of rise. This is the result that the main force is willing to see, because apart from today,

Grayscale has been increasing its positions, and major foreign institutions have begun to apply to relevant regulatory agencies for the allocation of BTC and other related assets.

We have seen news that Fosun Group acquired a German private bank in 2015, and recently this private bank will issue a cryptocurrency fund. Lao Guo’s operation this time is very philosophical, and he is worthy of studying philosophy at Zhejiang University.Here is a bit of a digression. Many people think that Fuxing is engaged in medicine, but as long as you have studied the growth history of Fuxing, you will understand that Fuxing is actually an investment holding platform and a real capital operation company. Show results.

Therefore, it is not surprising that Lao Guo did this kind of behavior. Back then, relying on a pharmaceutical agency company to get to the Fuxing Group today, the methods used have never had anything to do with the technical means of pharmaceutical research and development. This is why Fuxing Pharmaceutical has always There are a lot of reasons for leaving Hengrui.The low-level factors of the company's valuation are different, and the natural market value is very different.

Speaking of which, we drew a picture for you the day before yesterday, and I will draw this picture again today. At the place where the two largest K-lines and the largest trading volume anchor the rise and fall of the new high, the corresponding minimums are all in our picture What does the 60-period line in the yellow box I drew in the upper left corner indicate?

It shows that this is an anchoring range in the short term, which can play a very good supporting role.20000 is everyone's heart disease, this is the expectation.

ETH market analysis

secondary titleMainly take BTC as the wind vane.

XRP/LTC/EOS/BCH market analysis

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Strategy: wait. In order of track strength, LTC is the strongest, followed by XRP, and the other two track.

DOT/KSM market analysis

secondary titleDOT/KSM market analysisFrom the perspective of the downward trend, 4.9 is a relative support position. The rebound of DOT is very weak. Obviously, the main force in this round has made money. If BTC rises again later, then everyone still needs to sell high and buy low if there is a chance.

If BTC weakens, DOT falls back to the range of 4.6-4.8, which is the ideal range for heavy positions.