The daily level continues to fluctuate upwards, and the bulls are about to break through
1. Today's market overview
1. Today's market overview
The total market capitalization of the market today is about 223 billion US dollars, an increase of 1.57% compared to yesterday. The 24-hour trading volume is approximately US$138 billion, an increase of 10.15% compared to yesterday.
In terms of market sentiment, according to Alternative.me statistics, the degree of market panic has decreased today, with an index of 28.
2. Distribution of currency rise and fall
2. Distribution of currency rise and fall
Among the top 100 cryptocurrencies by market capitalization today, there was a slight rise overall, and only one-fifth of the cryptocurrencies showed a downward trend, but most of them fell slightly. Among them, QTUM (quantum chain) fell the most, reaching about 17%. Since around the 22nd, QTUM has been soaring all the way. The recent upward energy has been exhausted, and there may be a small waterfall of short-term decline. Today, there are 2 currencies with an increase of more than 20%, namely BAT and DGD. Among them, BAT has increased by about 70%, which may be related to the recent news about BAT lending and margin services.
3. Trading volume analysis
Judging from today's trading volume, the top 30 currencies are all on the rise. To a certain extent, it shows that the recent market sentiment is relatively optimistic and the trading is active, which will also lead to a certain increase in prices. Among them, only 5 currencies fell, but the decline did not exceed 3%, 19 currencies rose between 0 and 15, 5 currencies rose between 5 and 10, and Huobi rose the most, reaching about 17%. . It is estimated that Dash will be halved at 2:00 am tomorrow. Since yesterday, the price of Dash has fluctuated downwards, and today’s trading volume has also shrunk. It seems that the news of halving has no particularly positive impact on this.
The USDT OTC Index (USDT OTC Index) reported 100.69 points, up 0.017% in 24 hours. The USDT FTP Index reported 100.86 points, up 0.02% in 24 hours.
Note: The USDT on-market discount and premium index is converted based on BTC/USD, BTC/USDT, USDT/USD and other trading pairs in multiple exchanges. It is the percentage ratio between USDT and USD, reflecting the trader's preference for USDT degree. The USDT off-exchange premium index is calculated based on the off-exchange price of USDT and the offshore RMB exchange rate. It is the percentage ratio between USDT and USD, reflecting the degree of crowding of funds entering and exiting the token market. When the index is 100, it means USDT parity, when the index is greater than 100, it means USDT premium, and if it is less than 100, it means USDT discount.
Note: The USDT on-market discount and premium index is converted based on BTC/USD, BTC/USDT, USDT/USD and other trading pairs in multiple exchanges. It is the percentage ratio between USDT and USD, reflecting the trader's preference for USDT degree. The USDT off-exchange premium index is calculated based on the off-exchange price of USDT and the offshore RMB exchange rate. It is the percentage ratio between USDT and USD, reflecting the degree of crowding of funds entering and exiting the token market. When the index is 100, it means USDT parity, when the index is greater than 100, it means USDT premium, and if it is less than 100, it means USDT discount.
5. Dapp decentralization
Among the top 10 Dapps in the overall ranking, the number built on Ethereum is still the largest, but Yuzu has caught up. Recently, Yuzu’s Dapp ecology has obviously developed greatly. And the overall types have also begun to diversify, not only games and lottery, but also financial and tools. Dapps of the decentralized trading platform type and lending type were very active last week, but they have gradually calmed down on the first day of this week.
Note: Dapp is Decentralized Application, decentralized application/distributed application. Compared with the APP we are familiar with, Dapp does not rely on the development of iOS and Android systems, but is placed on the blockchain system and combined with smart contracts. Different Dapps will adopt different underlying blockchain development platforms and consensus mechanisms, or issue tokens by themselves, or use common tokens based on the same blockchain platform.
Note: Dapp is Decentralized Application, decentralized application/distributed application. Compared with the APP we are familiar with, Dapp does not rely on the development of iOS and Android systems, but is placed on the blockchain system and combined with smart contracts. Different Dapps will adopt different underlying blockchain development platforms and consensus mechanisms, or issue tokens by themselves, or use common tokens based on the same blockchain platform.
BTC/USDT secondary market trend analysis
Daily line
Daily line
2 hours
The daily line shows a stepwise rise, and almost every wave of rise is accompanied by a sideways market, which shows that we still hope that leeks can get on the train in time, the trend begins to fluctuate, and there are opportunities for both long and short positions. It is still on an upward channel. After all, there are still more than 10 days to reduce production. Gouzhuang still needs to maintain the market as much as possible. There are obvious signs of 2-hour trading. Although the pull-up is not strong each time, the market can be repaired quickly, and the stable ones are mainly callbacks and long positions.
ETH: It is recommended to do more around 194.1, and the stop loss price is 188.4.
EOS: It is recommended to do more in the short term around 2.72, with a stop loss price of 2.64.
EOS: It is recommended to do more in the short term around 2.72, with a stop loss price of 2.64.
LTC: It is recommended to do more around 44.1, with a stop loss price of 42.8.


