Market analysis: Bitcoin is waiting for some kind of signal, just like we wait for the Spring Festival

特邀专栏作者

2021-01-24 11:38 (UTC+8)

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The Federal Reserve’s interest rate hikes, repeated global epidemics, and inflation forecasts will all support the upward movement of BTC.

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The Federal Reserve’s interest rate hikes, repeated global epidemics, and inflation forecasts will all support the upward movement of BTC.

BTC market analysis

BTC continues to fluctuate weakly around the 28500-31500 range at the bottom of the daily center written yesterday, shrinking and accelerating its decline, and the feasibility of falling below the bottom range is low. The Federal Reserve’s interest rate hikes, repeated global epidemics, and inflation forecasts will all support the upward movement of BTC.

ETH market analysis

ETH oscillates around the 1H cycle center of 1210, and the overall trend is stronger than BTC. This position can gradually increase positions when BTC is stable.

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LTC/BCH/EOS/market analysis

The long-term moving average of LTC in the 1H period and the position of 135 are a good central support bottom. When ETH maintains its strength, LTC can be deployed slowly for a long time. Now it is mainly a wait-and-see attitude.