OKEx Investment Research｜The Federal Reserve "crows" in the middle of the night, and the confidence in the capital market rebounds

特邀专栏作者

2021-02-24 17:42 (UTC+8)

This article is about 992 words, reading the full article takes about 2 minutes

Last night, the price of Bitcoin had several dips around 46200, and then with the Fed Chairman Powell's "dovish" remarks, the price of the currency started a rebound mode.

AI Summary

Expand

Last night, the price of Bitcoin had several dips around 46200, and then with the Fed Chairman Powell's "dovish" remarks, the price of the currency started a rebound mode.

OKEx BTC/USDT Perpetual Contract: (marketing software AICoin)

News: U.S. stocks all fell sharply after the market opened last night. Among them, the Nasdaq index, which represents technology, once plummeted by nearly 4%. The rate hike came early. However, Fed Chairman Powell's remarks last night dispelled such concerns in the market. He believes that the recovery of the US labor market still has a long way to go; in terms of monetary policy, the growth of the balance sheet will slow down over time , the loose monetary policy will not change. On the same day, the U.S. stock market came out of a V-shaped reversal, and market confidence was restored. Of course, Bitcoin, which already has a place in international investment products, was also obviously affected and rebounded.

OKEx ETH/USDT Perpetual Contract:

Ouyi OKEx ATOM spot

ATOM also experienced a sharp drop last night after we released the evening review. It fell to the 15.15 line at the lowest level and then rebounded, and the recovery was very rapid and strong. The position of the rebound is just located in the dense transaction area (13.5-15.5) we mentioned yesterday, and this position has always been very important. At present, from the 1-hour chart, the low point has moved up since bottoming out yesterday, but the high point did not show this characteristic.

BTC

OKX

invest

Welcome to Join Odaily Official Community