Will the trading platform be the next target? ETH liquidation price moves down
After yesterday's information bombardment, today's market is relatively calm, the market fluctuations are relatively small, and the rebound is relatively limited.
Regarding what happened yesterday, although it seemed sudden, it was actually not unexpected. Mining and trading were named before, and the clearing of mining has been fully implemented, and the next thing will come naturally It's the turn of the transaction, and yesterday's action is obviously aimed at OTC, which is also part of the transaction.
For the current market and investors, the most important and crucial thing is, after yesterday's storm, what kind of difficulties and ultimate moves will be experienced next, as well as the difficulties that may arise, and how will they affect the market? According to the current situation, the next "knife" may be cut on the exchange.
Since some time ago, some large-scale trading platforms have been constantly seeking changes. Prohibiting new users from opening contract functions and lowering the maximum contract endorsement of old users are all means of trading platforms to show weakness. After yesterday’s movement, at night, There are also rumors in the market that one of the three major companies announced their withdrawal from the Chinese market. Although the rumors were later refuted as rumors, it also shows to a certain extent that the trading platform is the most obvious target if you want to control transactions.
In fact, the rumor yesterday seems to have been refuted, but in fact it is not groundless. The current actions of the bank have made it clear that the virtual currency transaction is curbed in terms of deposits and withdrawals. Let’s not talk about the effect, but the attitude is obvious. If there are restrictions on exchanges, there is a high probability that this attitude will continue, and if this attitude continues, there is a high probability that it will be one size fits all.
However, in fact, the official has continued this attitude since a long time ago, that is, domestic de-virtualization, and the bank’s action yesterday was also carried out seven years ago, and it was not more serious. If the attitude towards the trading platform is the same in the future, that is, as long as there is no trading platform registered in the country, it depends on whether such a tacit understanding will be maintained.
In fact, it may not be a good thing if one size fits all for the trading platform. If so, most of the transactions may start to go underground. This will undoubtedly further increase the difficulty of supervision. In any case, the next move is likely to be It happened on the platform. At the very least, I hope that there will be a relatively large rectification of the contract business of the trading platform.
In addition, in the near future, preparations must be made for the bombardment of traditional financial media in turn, that is, after such a big move, the media will continue to cooperate, and may continue to suppress market sentiment at that time.
Going back to the market, the lowest price returned to around $31,000 yesterday, and it rebounded after the market opened today, breaking through $33,000 at the highest point, but it returned to the rhythm of the callback in the afternoon, and the current $32,000 is in jeopardy again.
From the perspective of the disk, the short-term trend is still weak. Not surprisingly, we will still test $31,000 or even $30,000 today. In the short term, the so-called support and pressure levels on the disk are not very functional. What really dominates is market sentiment. .
Also pay attention to a set of data of Ethereum. According to the latest data, the large-scale liquidation price of ETH loans has dropped from $1,800 to around $1,600. When the price remains below $1,600, there will be theoretically $224 million worth of ETH Being liquidated, over $500 million in ETH could theoretically be liquidated when the price stays below $1,550.
Risk warning: Investing in digital currency is a high-risk investment behavior. The content of this article is for reference only and does not constitute investment trading advice. Investors are requested to invest rationally: investment is risky, and caution is required when entering the market.
Risk warning: Investing in digital currency is a high-risk investment behavior. The content of this article is for reference only and does not constitute investment trading advice. Investors are requested to invest rationally: investment is risky, and caution is required when entering the market.
