When will the market in the currency circle start, small currencies will pull up the market one after another, and Bitcoin will not move like a mountain. The market outlook will look at this signal
When I woke up in the morning, I saw that the small currencies led the rise one after another. It seems that the market rhythm has been transformed into the small currencies. Is this really the case? Xinhuo thinks otherwise, only mainstream currencies can drive the market rhythm, and the pull of small currencies will lose continuity if there is no follow-up drive by mainstream currencies.
Bitcoin price fluctuations are getting smaller and smaller, which means that big fluctuations are getting closer and closer. The long-short showdown is about to be staged. Are you ready?
The market is in the midst of bitcoin, ethereum, and Sinochem New Finance. The three sectors are echoing each other. You sing and I appear on the stage. The market also maintains a relatively good rotation effect. UNI is adjusted very normally. Everything looks There is no problem, the strong market is always strong, and the profit effect is prominent. Whether it is contract or spot, whether it is Bitcoin or decentralized financial related concept currencies, there are better profit opportunities. As long as your strategy is right, there will be no problem. Has the market changed today? How to treat?
There are two changes:
First, the price fluctuations of Bitcoin have become smaller and smaller. The price of Bitcoin fluctuated all night last night. The lowest price was only 33,100 US dollars, and the highest was only 34,000 US dollars. Except for the sudden straight line of Bitcoin yesterday afternoon Outside of 34,600 US dollars (under the influence of the news), the overall fluctuation is not large, and it can be said that it is getting smaller and smaller.
Second, the sentiment in the market is also gradually rising, especially this morning’s rapid breakthrough of $1,400 by Ethereum, which made the whole market a little boiling, which was not there yesterday.
How to interpret these two changes:
The fluctuations are getting smaller and smaller, so what is the range of fluctuations? Careful currency lovers should have discovered that the pressure level of 35,000 US dollars that I suggested before has not been broken so far, not to mention the breakthrough, and even the touch has not been touched, which means that the upper pressure level of 35,000 US dollars continues to be valid, but what about the support? In the past two days, the currency price hit the lowest point of 32,200 US dollars, and then it has not dropped to 32,200 US dollars again, indicating that the area around 32,000 US dollars has also built a strong support. Therefore, the currency price fluctuates in the range of 32,500-35,000 US dollars, and it is only 2,500 US dollars. It is true that there is not much room, and the smaller and smaller fluctuations mean that the market needs to actively seek changes, either directly changing the market, or increasing the shock range, changing the original trajectory, and letting the market re-enter a chaotic state without letting everyone know about it. the law of
So what about the high sentiment in the market? Does it represent the re-start or end of the market? Judging from the past rules, every time the market as a whole rises, it seems that it is about to rise and fall to catch people in the short term. What about this time? Since Bitcoin continues to fluctuate and has not yet chosen a direction, the lower support is still relatively obvious, so this time the rush is more like a stimulus to market enthusiasm. It is not yet the time for the overall harvest, so the overall increase this time will be more It is the rise of Ethereum that has stimulated the market's long sentiment. If Ethereum pulls back, the market will follow suit
Then the result is: Bitcoin is getting closer and closer to big fluctuations. The day when it breaks through $35,000 or falls below $32,500 is the time when the main force actively seeks a change, and the time for a change is not far away. At this time, the overall market The rise is to keep the enthusiasm of the market, keep the market activities going, and continue to attract more currency lovers to enter the market.
