$57,700 is the dividing line between long and short.

The broader market has fallen by more than 10% since its record high, and has fully covered the gap this week. It is currently in a short-term shock.

FIL soared against the trend and broke through the $70 mark. Bitcoin and Ethereum operation suggestions and solutions.

There has been a wave of rebound in the price of Bitcoin. In recent days, the large transaction market has also undergone very obvious changes with the fluctuation of the market.

Wang Mengqi: BTC ETH market analysis and operation suggestions in the morning of 3/17

Vitalik Buterin, the co-founder of Ethereum, tweeted on Tuesday that he was trying to explain how the "polynomial commitments" (polynomial commitments) method works with graphics.

Market analysis.

In the early morning of March 16th, Beijing time, Aztec, the Ethereum privacy project that has received much attention, launched its rollup service (zk.money).

A graphics card from 5 years ago can still earn 15 yuan a day.

Rollups may help solve Ethereum’s scalability issues before the arrival of ETH2.0 and its sharding.

In terms of long-term investors who have held the currency for more than 200 trading days, the number of BTC burned per day rebounded to 34 million US dollars. This shows that long-term currency investors have signs of lightening their positions.

After a continuous plunge, there is a strong counter-drawing, Bitcoin and Ethereum operation suggestions and unwinding.

Common Layer 2 problems and potential solutions.

The price of Bitcoin fell rapidly to around $54,000, and Ethereum also saw some corrections.

Market analysis.

In the field of NFT, I think the future space is bigger than DeFi. In this field, I think the most lacking thing is how to make these NFT products flow.