Ouyi OKEx Investment Research｜Super 12 trillion stimulus plan landed, Bitcoin broke and then stood up

特邀专栏作者

2021-03-01 18:03 (UTC+8)

This article is about 1080 words, reading the full article takes about 2 minutes

In the later stage, we need to pay close attention to whether this positive sentiment can be continued, and the formation of a trend will be more valuable.

AI Summary

Expand

In the later stage, we need to pay close attention to whether this positive sentiment can be continued, and the formation of a trend will be more valuable.

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

News: In the early hours of February 27, local time, the U.S. House of Representatives passed a $1.9 trillion (over 12 trillion yuan) economic stimulus plan as scheduled, even though no Republican was willing to vote for it. These include direct payments of $1,400 (9,000 RMB) in grants to eligible Americans, and weekly unemployment benefits of $400 for eligible unemployed, which is simply throwing money directly. Although the "big water" came as scheduled, the market had already digested the expectations in advance, so the reaction of the capital market was not obvious after the official implementation. According to the latest data, the U.S. 10-year treasury bond yield has continued to fall, falling from last week’s peak of 1.61% to the current 1.4%, of which it fell 3.62% today. The recent important factor that has disturbed the market, “inflation” is expected to cool down. Today's rebound in the Asia-Pacific stock market and Bitcoin market has a lot to do with this.

OKEx ETH/USDT Perpetual Contract:

Ouyi OKEx ATOM spot

ATOM had a relatively strong rebound last Friday after it stopped falling, but it also failed to reverse the recent decline, and eventually fell back with Bitcoin. Judging from the trend chart, the current currency price is supported by the 30-day moving average and has stopped falling and rebounded. However, judging from the trading volume, there is no obvious increase in volume. Risk points that many parties need to pay attention to.

BTC

OKX

invest

Welcome to Join Odaily Official Community