Market analysis: Bitcoin fell to the $30,000 mark, should you buy the bottom?
BTC market analysis
BTC market analysisBTC continued to fluctuate weakly at the bottom of the daily line, and fell to the second range we defined yesterday, with a theoretical opening position of 40%. The problem is that few will open positions in this form, and what they see is more panic and yelling for a crash. up. If BTC collapsed so easily, it would not be in the state it is today.Around $30,000 is almost certain to be a strong and weak support line for this round.
The profit-loss ratio of this position is more cost-effective. You can attack when you advance, and you can defend when you retreat. In the long run, it is impossible to be trapped for a long time.No one is willing to hand over cheap chips to others. If you have money as a configuration, you can consider continuing。
Long-term allocation of BTC
Why the position is arranged in this way, yesterday's article has been written clearly, if you are interested, go back and read it yourself.
ETH market analysis
ETH market analysisThe central axis of the daily line is around 1200, and it is still oscillating above the central axis.Belongs to a strong consolidation pattern, falling below the 4h long-term moving average support
. In the medium term, we are still optimistic, and we are still optimistic about the long-term value of ETH. Long-term holding, there is still 50-80% room for follow-up.
LTC/BCH/EOS market analysisThe BCH daily line fell back to the top position of the previous rising center at around 370. It is weakly organized and the trend is downward. To re-form the upward trend, it will go through long-term consolidation and market cultivation. At present, the small mainstream has turned from bulls to bears, and the hot money from scattered villas is leaving the market, so。
The small mainstream must pay attention to the risks and cannot play anymoreConfiguration opportunities need waiting time。
DOT/KSM market analysis
DOT/KSM market analysis
DOT continued to shrink and decline, fell below the strongest support line of 16, and hovered around the support line of around 15. If BTC or ETH continues to decline weakly, DOT's 15-14.8 support may break down. At this time, it is difficult for us to predict the risk of future trends.But if this kind of risk occurs and you have a position, and you don’t know whether you should reduce it, what should you do? Can。
Use 2 times the short order to carry out the risk lock of the equivalent position, and then unlock the position after the trend is clear
