The peak of BTC is clear, a fall or a pullback?

特邀专栏作者

2020-05-27 16:44 (UTC+8)

This article is about 931 words, reading the full article takes about 2 minutes

At present, the peaking of the weekly level has been implemented, and it is not clear whether it will fall or pull back, but there is a high probability that it will fluctuate after a pullback.

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At present, the peaking of the weekly level has been implemented, and it is not clear whether it will fall or pull back, but there is a high probability that it will fluctuate after a pullback.

1. Today's market overview

The total market value of today's market is 250 billion US dollars, no significant change from yesterday. Trading volume was $94 billion, down 4% from yesterday.

In terms of market sentiment, according to Alternative.me statistics, today's market sentiment is panic, with a panic and greed index of 39.

2. Distribution of currency rise and fall

Among the top 100 currencies by market value today, although the overall market has not changed much, there are relatively many currencies that have experienced declines. TFUEL, which rose sharply in the past two days, saw a sharp retracement today, with a drop of more than 10%. However, the mainstream currencies have not changed much, and the price changes are mainly shocks. The biggest increase today is MATIC, with an increase of more than 20%.

3. 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.

4. Technical Analysis

Weekly

4 hours

BTC did not fall below the previous low after a wave of dips last night, and the overall rebounded slightly. Judging from the heavy volume of the previous wave of decline, the volume and price have diverged, and it is normal to have a rebound. At present, the peaking of the weekly level has been implemented, and it is not clear whether it will fall or pull back, but there is a high probability that it will fluctuate after a pullback. The 4-hour level shock range has moved down to 9000-8500, try to be as high as possible, supplemented by low.

To sum up, it is recommended that the rebound is not strong and shorting is mainly around 8935, with a stop loss of 9205.

ETH: For short-term operation, it is recommended to short around 207.8, with a stop loss price of 214.

EOS: It is recommended to operate short-term short-term near 2.56, with a stop loss price of 2.64.

LTC: short-term short-term operation is recommended near 43.7, with a stop loss price of 45.1.

BTC

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