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market Overview
The total market value of global cryptocurrencies is US$191.285 billion, a decrease of 1.03% from yesterday; the 24h trading volume is US$85.297 billion, a decrease of 17.36% from yesterday.
2. Wanchain will undergo a hard fork upgrade at 08:00 on December 20;
Big event
1. Binance will remove the following trading pairs at 16:00 on December 20: USDS/TUSD, USDS/PAX, SYS/BNB, QLC/BNB, ETC/TUSD.
2. Wanchain will undergo a hard fork upgrade at 08:00 on December 20;
3. Huobi Global will suspend the deposit and withdrawal of KMD at 18:00 on December 20.
Market review
3. Huobi Global will suspend the deposit and withdrawal of KMD at 18:00 on December 20.
Market review
Yesterday, the bitcoin trend started to pull back after being blocked in the 7400 area, and adjusted downward by nearly 400 points. The lowest point was at the 7043 position, and then rebounded to the 7231 position at night and encountered resistance suppression. 7200, the upside sentiment is fading, and the trend is likely to enter the rhythm of shocks and stalemate.
technical analysis
Looking at the daily line, the day before yesterday, the day before yesterday, the big positive line trended upward and broke through the middle track of the Bollinger Bands, but it also encountered the counterattack of the upper short resistance, and the price quickly returned to the 7100 area. Callback, from this point of view, the short resistance has moved down, and the market is facing greater pressure; the 5-day moving average and the 10-day moving average have flattened one after another, and the opening of the Bollinger Bands has gradually paralleled, and the situation is likely to enter the rhythm of shocks.
Looking at it in four hours, the K-line is currently hovering around 7100, MA5 and MA10 have brought some restraint to the current K-line trend, the upper MA180 has brought certain suppression to the current currency price around 7300, and the 30-day moving average has brought support around 7000. The market capital is showing an outflow attitude, and the trading sentiment has dropped rapidly. The long position of MACD on the indicator can shrink.
