Market analysis: CME's Bitcoin huge delivery day is approaching, risks and opportunities coexist
BTC market analysis
BTC market analysis
BTC continues to range from 30,000 to 34,500 at the bottom of the daily line, shrinking, and fluctuating in the range. The heat of the market is gradually returning to normal, and the crazy moments of BTC will no longer be reproduced. Yesterday we analyzed that this year is likely to be a year of vigorous application ecology. As long as BTC can reflect the fundamentals of the economy or currency, and there is no systemic risk, the cryptocurrency market will receive further attention and market expansion.
Forget the price, look at the absolute value and the future, instead of entangled in the present, this is the premise of trading.
ETH market analysis
ETH market analysis
The adjustment of ETH after the new high is still very drastic. It was an adjustment of 20+% before, and now it is an adjustment of 6/7 points after returning to the previous high.
The support of ETH from the outbreak of DeFi is a reflection of the value side. On the fundamental side, we can continue to be bullish and maintain an optimistic attitude.
LTC/BCH/EOS market analysis
LTC/BCH/EOS market analysis
LTC continues to maintain the interval judgment of the previous day, continue to look at the support of 420-425, maintain a wait-and-see attitude at the bottom, and do not rush to act. BCH also maintains a wait-and-see attitude, watching the performance of ETH and BTC before making plans.
DOT/KSM market analysis
At present, DOT is still in the form of a strong daily line platform. The 4H cycle long-term moving average and trend line are both in the support position, which deserves our attention and tracking. This long-term moving average cannot be broken. If it breaks, it will change from an upward trend state to a consolidation trend. , the time for finishing later will be lengthened. Now continue to shrink and organize, and remain optimistic in the later stage.
KSM maintains a state of sideways trading, shrinking and trading sideways, and the willingness to attack needs to be adjusted, but the overall strong pattern has not been destroyed, and the currency holdings are expected to rise, so continue to be bullish.
