The bulls have attenuated slightly, and there is a demand for callbacks in the short term

梭哈学院

特邀专栏作者

2020-04-28 17:14 (UTC+8)

This article is about 1834 words, reading the full article takes about 3 minutes

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1. Today's market overview

The total market capitalization of the market today is about 226 billion US dollars, an increase of 1.35% compared to yesterday. The 24-hour trading volume was approximately US$131.7 billion, a decrease of 4.78% compared to yesterday.

In terms of market sentiment, according to Alternative.me statistics, the degree of market panic has dropped slightly today, with an index of 27.

2. Distribution of currency rise and fall

Among the top 100 cryptocurrencies by market capitalization today, the overall decline was small. Compared with the slight increase of 64 currencies yesterday, 67 currencies fell today. Among them, 9 currencies fell between 5% and 10%, and 2 fell above 20%, namely QTUM and 0x0x. Yesterday, QTUM was the currency that rose the most. As I said yesterday, QTUM will experience a short-term decline. It can be seen that the currency circle goes up and down, and the situation is unpredictable. In addition, ZRX, an open-source protocol for decentralized transactions built on Ethereum, has seen the largest decline. There is nothing special about the news, and it may be that the dealer intends to collect some chips. In terms of rising, DGTX is rising aggressively. Under this kind of market, the possibility of market makers pulling more markets cannot be ruled out, and we still need to wait and see.

3. Trading volume analysis

Judging from today's trading volume, the top 30 currencies are all falling, which shows that today's market trading is not active. Although the overall panic index is not high today, which does not explain the pessimism of the market sentiment, but with today's price fluctuations, most currencies have dropped slightly, showing to a certain extent that most investors are on the sidelines. Among them, the trading volume of Huobi has changed the most, with a decrease of about 15%. Huobi trading was very active in the past few days, but now it is gradually cooling down. Most of the top 30 currencies have trading volumes between 5% and 10%.

4. Stablecoin analysis

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

The number of transactions within 24 hours from yesterday to today is 161 million, which is nearly 50,000 times less than yesterday; the transaction volume is 1364 million US dollars, which is more than 10 million US dollars less than yesterday; the cumulative number of active users is 79050, the overall compared with yesterday Both are reduced. Ethereum still has the most active users today. Although Tron has a large number of Dapps, Yuzu still has more daily active users and transactions than Tron, but the transaction volume on Tron is the largest today.

Among the top 10 Dapps in the overall ranking, compared with yesterday’s comprehensive ranking, the game Dapp MyCrypto has dropped out of the list, replaced by RocketGame, the lottery Dapp, which currently ranks ninth. The Interstellar search engine ranking has risen from No. 8 yesterday to No. 4 today, and more and more users are using it. Today, the transaction volume of 3 Dapps dropped the most, namely Dic, Forsage Smartway and 888Tron, with a drop of more than 60%. The popularity of lottery games has begun to decline.

Daily line

BTC/USDT secondary market trend analysis

Daily line

4 hours

The second line began to adjust last night. BTC continued to support the market rebound. The bulls performed strongly and quickly recovered when they fell. Although the signs of the shorts were not obvious, the bulls have weakened now. It was in an ascending channel for 6 hours. After reaching 7790 in the short term, it was pulled back to the box, and the strength failed. The short term will test the support around 7500. At present, the structure of this level has not been completed, and the bulls will still struggle for a while. As long as they cannot quickly make a new high, they will continue to complete the downward trend.

To sum up, the operation is recommended to be long around 7650, with a stop loss of 6795.

ETH: It is recommended to do more around 193.1, with a stop loss price of 163.5.

EOS: It is recommended to do more in the short term around 2.65, with a stop loss price of 2.54.

LTC: It is recommended to do more around 42.8, with a stop loss price of 39.9.

BTC

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