BTC may retry the 10,000 yuan mark
1. Today's market overview
1. Today's market overview
The total market value of the market today is 267.5 billion US dollars, no significant change compared to yesterday. Trading volume was $125 billion, down 2% from yesterday.
In terms of market sentiment, according to the statistics of Alternative.me, today's market sentiment is normal, with a panic and greed index of 52.
2. Distribution of currency rise and fall
2. Distribution of currency rise and fall
Among the top 100 currencies by market capitalization today, the mainstream currencies led the market to rise slightly, but BTC was under severe pressure, and the overall market growth was still limited. Today, STEEM once again experienced a 20% increase, and the tender model coin OMG also increased by more than 20%. The small currency ETN has declined, with a drop of nearly 20%.
Although BTC once again drove the market up to 10,000 yesterday, judging from the changes in trading volume, the enthusiasm of the market is getting lower and lower. The trading volume of mainstream coins has all dropped, and some second-tier coins have risen slightly, but the gains are not large. Although it is still in a bull market, the signal of the end of the bull market is becoming more and more obvious.
4. Stablecoin analysis
5. Technical 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. Technical Analysis
BTC/USD T secondary market trend analysis
BTC/USD T secondary market trend analysis
Last night, it hit the 10,000 yuan mark again and was beaten back around 9900. It is expected to hit the 10,000 mark again, but it has been emphasized many times before that as long as it hits the 10,000 mark, it will be short at a high level, because it is almost a small probability event to effectively break through 10,000. After the high price was knocked back last night, it happened to fall on the central axis of the shock range. BTC is still in a bull market, and the shock range narrowed upward. Gouzhuang has always wanted to make the plate into a converging triangle, so it is very possible to attack 10,000 again in the short term. The current strategy is the same as the previous few days, that is, go long at a low level, short at a high level when it hits 10,000, and stop loss immediately when it breaks 10,000 effectively.
To sum up, it is recommended that the rebound is not strong and shorting is mainly around 9948, with a stop loss of 10246.
ETH: For short-term operation, it is recommended to short around 224.5, with a stop loss price of 231.
EOS: It is recommended to do short-term short-term trading around 2.98, with a stop loss price of 3.1.
LTC: It is recommended to do short-term short-term trading around 48, with a stop loss price of 49.4.
