Market analysis: It seems to be shaky, but it is stable. What is Bitcoin going to do?

BTC market analysis

secondary titleBTC market analysisAfter Biden, the regulation of encrypted digital currency rules will be stepped up,

In the short term, it may be a major reason for the violent fluctuations of cryptocurrencies. In the long run, the implementation of regulatory rules will be more conducive to the long-term and healthy development of digital cryptocurrencies. After the violent shocks and the implementation of regulations, the legally regulated market will face further expansion. This is the beginning of mainstream acceptance of encrypted digital currency and the beginning of public investment.2021 will be the first year of legal regulation of encrypted digital currency.. 34000 is still an important support at the bottom.

ETH market analysis

ETH 1H returned to the previous rising center. Driven by the decline of BTC, it followed the structure of the center expansion, and the trend was still strong. You can continue to wait and see.

LTC/BCH/EOS market analysis

LTC/BCH/EOS continue to weaken, ETH and BTC are not stable, it is difficult for these targets to get out of the independent market. Continue to wait and see, the central structure of the 4H cycle is still a high probability range of the trend, unless BTC goes out of the structure.

DOT/KSM market analysis

secondary titleDOT/KSM market analysisJudging from the trend of DOT this time, the downward adjustment has not increased in volume at all, and the whole process is a shrinking adjustment, and an upward increase in volume, which fully demonstrates

The current DOT has been controlled by the main force