Several major exchanges were collectively collapsed by Shib, and currencies with large fluctuations need to pay attention to risks
The most lively thing in the market today is the newly launched SHIB.
Many people are not unfamiliar with SHIB. This token project is called Shiba Inu, and the Chinese name is Chai Dog Coin. After shouting for Dogecoin all the time, the market began to pay attention to Musk’s every move. In mid-March, Musk tweeted that he would raise a Shiba Inu for his family. At that time, Dogecoin did not rise. Shib suddenly started to explode.
Note that this is a story in mid-March. At the beginning, the market just took it as a joke, and it was also traded on decentralized exchanges at first. After Dogecoin continued to explode last month, these so-called "animal coins" plate It started to soar, especially SHIB, and then second-tier exchanges such as Gate and Matcha began to list SHIB.
The reason for the market commotion today is that SHIB was listed on Ouyi OKEX and HUOBI, and it was snatched up immediately after it was launched on OKEX in the afternoon, and because the price difference between SHib on OKEX and Shib on other exchanges that have been launched is too large, the highest time It has reached three times, that is, the price of other exchanges is around 0.000005-0.000006, while OKEX has directly reached around 0.000019, which has caused investors in other exchanges to mention Shib to OKEX, but it may be that there are too many withdrawals Well, in the afternoon, these exchanges experienced large-scale collapse and maintenance. Of course, they failed to mention success in the end.
Here we need to remind you that when the price difference is serious, in most cases, the transaction from one exchange to another exchange cannot be received normally. When the price difference between the exchanges is almost smoothed out, Only the exchange will let you get into the account, so you should consider this situation carefully, lest you don’t get the account on the other side, and you can’t buy the price on this side, and you will miss the opportunity in vain.
For this kind of currency, we still need to pay attention to it. You can play it, but you should play it after understanding the risks, especially with an acceptable loss. Otherwise, once you catch up with the quilt, it will be uncomfortable of.
As far as we know, many friends were trapped on the top of the mountain in the afternoon wave.
Shib basically inherits the style of Dogecoin. In addition to the large rise and fall, it also shows its attractiveness to investors. This kind of currency can’t be said to be bad, but it’s inevitable that there will be more It will make the market restless, and even challenge the perception of people in the currency circle. Even if any "shi coin" can rise, then what is the meaning of the so-called value coins we hold in our hands.
We often talk about consensus consensus, whether it is Dogecoin or Shib, in fact, it is also called an "alternative" consensus, that is, the consensus of pulling the market. Looking at the future, regardless of innovation, there is only the consensus that everyone will buy this currency, and the consensus that this currency will rise. It will rise later, which may refresh everyone’s perception, but this situation is common in the market , but it has been more vividly expressed this year. The previous consensus still needs to be passed on by the project side and the community, but it seems that it is no longer necessary.
It’s just that this phenomenon is still in the “honeymoon period” at present, and it will gradually be broken when more and more thunderstorm or runaway projects come out in the future.
Going back to the market, the market performed very well today. It hit the bottom at 8 o'clock in the morning and then immediately rushed higher. Although there was a correction during the period, it directly pulled the market again in the afternoon, and it has returned to above 59,000 US dollars. Looking at this posture, today there is a Opportunity to touch $60,000.
It can be seen that the obvious resistance point in the near future is roughly around $590,000, and today it is hitting this resistance level. Judging from the strength of the market today, there is still a chance. Next, we will see if we can stand firm .
Many people don’t realize that today is Saturday, which is also the time when the external market does not open. However, under such circumstances, the price of the currency has risen, and it can be clearly seen that the market activity has improved. The next step is to see if it can be stabilized. .
ETH: Although today's increase is slightly behind BTC, it can also be seen that there are obvious signs of rushing higher, and it is also very close to a new high. The upper target is a new high, and the lower support focuses on $3,350.
Platform tokens: Currently they are mainly following the market, but the market of platform tokens should not be over yet, especially OKB and HT. When callbacks, you can pay attention to the opportunity to intervene and stock up appropriately. The current price is not bad.
DeFi: This wave of DeFi broke out for a short period of time in the early stage and then began to pull back. There are also opportunities later, but at present, all currencies are the same. If the resistance is high, it will be difficult for other currencies to break through. From the point of view of the spot market, there is no need to worry too much.
DOT: It still takes time. DOT really should start something as soon as possible. Other currencies have finished a round and there is no movement.
Other currencies: The other currencies here refer to short-term high-explosive currencies such as Doge and SHIB. Such currencies must be patient and consider intervening when they reach a low enough position. Try not to take too heavy a position, and It is recommended to focus on rushing in and out as much as possible, and keep the position as small as possible in the long run, unless it is possible to avoid short-term violent fluctuations.
