Market analysis: 18000 has become the short-term dividing line between strength and weakness, we must follow the trend

BTC market analysis

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BTC market analysisIn terms of news, Grayscale increased its holdings by 1,007 BTC. The chairman of the European Blockchain Association said that regulators recognize stablecoins as an encrypted asset. Singapore’s DBS Bank’s digital currency trading platform will start trading next week. Asset Finance Center Policy Proposal, JPMorgan Chase completed a blockchain-based real-time intraday repurchase transaction, the cash part used JPM Coin (JPMorgan Chase’s own US dollar stable currency), MassMutual Insurance Company has purchased 100 million US dollars of bitcoin through NYDIG currency.

The 17600 support zone at the bottom of the 4H cycle is the short-term support point. The center of the 1H cycle is formed, and the lower bottom is formed. 18000 becomes a new round of strength and weakness. If 17600 is broken down, around 16000 is visible to the naked eye. Focus on the inside.

ETH market analysis

Raising the bottom does not confirm that the 1H cycle support position of 530 is a short-term support point, and there will be no market in the short term. It is just a continuous test of the low point, and finally determine which low point to stop at.

XRP/LTC/EOS/BCH market analysis

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Now is the realistic response to the decline. Those who got on the bus at that time were the last to get on the bus. They did not make a few cents in profit, and they did not sit idle when they lost money.

DOT/KSM market analysis

secondary titleDOT/KSM market analysis

The bottom of the decline has not been determined. Whether the range of 4.5-4.8 can stop the decline is unknown at the moment, but our strategy remains unchanged. The decline will stop around 4.5-4.6, and the rebound will be confirmed by breaking the line. We will start to buy slowly Part of the position is still the previous strategy,Buy slowly, buy little, hold for a long time, and see the market next year.