Talking about Yu Kai: Restart the bull market or continue to peak, Bitcoin and Ethereum operation suggestions and medium and long-term layout

币圈谈喻凯

特邀专栏作者

2021-03-03 18:13 (UTC+8)

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Restart the bull market or continue to peak Bitcoin and Ethereum operation suggestions and long-term layout.

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Restart the bull market or continue to peak Bitcoin and Ethereum operation suggestions and long-term layout.

Entering the new week, Bitcoin still sits firmly in the C position of the global financial circle, and it is becoming more and more "fragrant" in the eyes of Wall Street: Citigroup released a report of more than 100 pages to pave the way for it, Fidelity bluntly said that it still has room to rise, Goldman Sachs It is also planned to restart the cryptocurrency trading counter... However, even if investment institutions are already ready to move, regulators seem to have no willingness to let go of the risky trading model of cryptocurrency. At least the US Treasury Secretary has long expressed his disapproval attitude .

Just after a week of plummeting 20%, Bitcoin has ushered in new positives. This time, Wall Street bigwigs all came out to support it.

On March 1, local time, Tan Yu Kai from the Coin Circle Retail Alliance believed that Bitcoin, the world's largest cryptocurrency, is at a historically decisive moment, and is now at a "critical point", either becoming the currency of choice for international transactions, or facing "speculation." sexual implosion".

Judging from the official statements of various countries, the reasons for bad news are nothing more than illegal risks and speculative attributes. But apparently, that hasn't swayed Wall Street's flock to it. Regarding Wall Street's attitude, analyst Tan Yukai pointed out that after the outbreak, the United States' large-scale quantitative easing has released abundant liquidity, and funds need to find investment targets. As far as the actual situation is concerned, Bitcoin transactions are more convenient and faster. Previous regulation did not strictly control it, such as the United States, it is regulated as an ordinary commodity. The combination of these factors makes more and more investment institutions optimistic about Bitcoin.

The flash crash of Bitcoin last week ushered in a strong backlash on Monday, which undoubtedly gave the market and even bullish retail investors a tranquilizer. Although there was a wave of retracement under pressure the next day, the support below was strong It did not usher in a sharp fall, but today's counterattack again, the bulls are far ahead, and the mainstream currencies led by Bitcoin collectively rise, and the explosive market is on the verge of triggering at any time. Last week, Bit Nirvana was reborn, and even shined in the market outlook. In February, Mr. Tan emphasized that the medium and long-term layout will not be given for the time being, and he has been waiting for the arrival of March, so the real-time layout will start today. The medium and long-term target profit of Bitcoin is 5000 points, and Ethereum 200 points , Wright 100 points, Monero 100 points, as long as you dare to believe, any time is an opportunity. The tipping point, that is, when the opportunity opens, what are you waiting for.

For the $50,000 mark, Mr. Tan has emphasized many times the key area of "connecting the past and the next". As for whether to restart the bull market or continue to peak and under pressure, Mr. Tan is optimistic about the former (even if the bull market has not restarted, at least there will still be a wave of rebound After all, the market has been adjusted for a long time in the past few trading days, and it has been volatile for a long time, and there must be a breakout). First of all, on the surface of the news, many institutions have recently bought a large number of bitcoins, boosting market sentiment. Secondly, once the US$1.9 trillion stimulus plan is officially implemented, it will definitely explode the market. Secondly, from the technical point of view, this wave of correction on the daily line is basically coming to an end and gradually forming a sign of bottoming out. Today, we will focus on the stabilization of the $50,000 mark, and below, we will focus on the support of $48,000. If the line closes above this position tonight, tomorrow Continue to be bullish. For spot traders, every pullback is now a time for you to hoard coins. The best trading method is still to build positions in batches, and take profits in batches to take profits and exit.

Short-term upper resistance level: 51000/52000 Short-term lower support level: 49500/49000

Ethereum (ETH): The general trend has been following Bitcoin, but it is stronger than Bitcoin in the short term, but the recent trend is weaker than Bitcoin. After all, it is the second mainstream currency. Looking at the daily line, Ethereum once again received the big positive line of the entity and covered the decline of the next day, but the overall trend remained in the downward channel. Yesterday, I said that the first pressure point of Ethereum is the 1600 USD mark, and the second pressure point is the BOLL middle rail at 1710 USD. Even if there is a rebound, the short-term trend is only a rebound in the weak. This wave of rebound The rising market may continue. After all, MA5/MA10 shows signs of turning its head below and wants to cross the golden cross to support its upward movement (once the golden cross is formed below, it will surely build a bottom). This is relatively an opportunity, a low position, a coveted low position, It is a good time for short-term and medium-term and long-term. In the short-term, today’s Ethereum continues to rise after the pull-up in the European and American markets, and the bulls are strong. Then, for today’s market, the teacher suggests that we will continue to follow up with low-multiple ideas, focusing on the range of 1540-1640 US dollars. If you are uncertain about the interpretation of technical market and news, or you have a set list, you can discuss it with Mr. Tan. Subscribe to the official account; Currency Circle Retail Alliance.