Bitcoin's V-shaped rebound trend last night, whether to break through or pull back

Today's newsletter

1. According to the Huobi market, BTC is temporarily reported at 9549.72 USDT (+2.71%), HT is temporarily reported at 4.24 USDT (+2.55%), and HB10 is temporarily reported at 0.51 USDT (+2.41%);

2. According to the Huobi market, the performance of other mainstream currencies is as follows: ETH temporarily reported 232.67 USDT (+2.80%), XRP temporarily reported 0.194 USDT (+3.39%), LTC temporarily reported 44.09 USDT (+1.89%), BCH temporarily reported 238.89 USDT (+3.08%), EOS 2.56 USDT (+2.30%), ETC 6.29 USDT (+1.88%), BSV 175.70 USDT (+2.14%).

3. According to Feixiaohao’s data, as of now, the 24-hour turnover of the global digital asset market is 488.287 billion yuan, of which Huobi Global’s 24-hour turnover is 108.424 billion yuan, ranking first in the transaction ranking. Most of the concept sectors rose, among which super computing power rose by 8.26% and the performance of stable coins fell by 1.45% was the worst.

market analysis

market analysis

BTC

On the hourly line, the Bollinger Bands have changed their running direction due to the continuous price rise at night. At present, the opening is running upwards, and the price has touched the upper track of the Bollinger Bands four times in a row. The cross is running, but due to the slight correction of the price in the morning, there are signs of a dead fork. MA5 and MA10 suppress the K line. Below the line, on the whole, the current short-cycle hourly line has a need for a callback, but the long-cycle four-hour line and daily line are in an overall bullish trend. The operation is mainly based on callbacks and longs, supplemented by rebounds and shorts.

ETH

Looking at the four-hour line, the opening of the Bollinger track is running downwards, and the currency price is running below the middle track of the Bollinger, and gradually stands firm on the middle track. The MA5 moving average crosses the moving averages and the MA10. The moving average crosses, forming a line of support below the currency price in the short term. The MA20 moving average crosses the MA30 moving average and runs downward, forming resistance suppression above the currency price. Currently, the currency price is oscillating below it and is above the MA5 moving average. Moving parallel below the zero axis, the short energy is gradually shrinking, the RSI three-line turns down and is about to enter the oversold area, and the KDJ golden cross diverges upwards. Overall, there is still a lot of room for ether to rise. In terms of operation, it is recommended to stand firm for four hours. Boll You can open long on the middle track, and wait for the best point to enter the market if there is a short-term pullback.

EOS

The current price of grapefruit is 2.55 US dollars, and the rebound is still relatively weak. Be careful to cover the market and the callback is low. Focus on the support position of 2.54 if it does not break and fluctuate upward.

BCH

Recognize your own psychological state, adjust your situation reasonably, make your investment more scientific and reasonable, and go further and better on the road of wealth investment. The fastest pace is not to cross, but to continue, the slowest pace is not slow, but to wander, the most dangerous road is not a steep slope, but a trap, the best market is not unilateral, but stop profit!

Recognize your own psychological state, adjust your situation reasonably, make your investment more scientific and reasonable, and go further and better on the road of wealth investment. The fastest pace is not to cross, but to continue, the slowest pace is not slow, but to wander, the most dangerous road is not a steep slope, but a trap, the best market is not unilateral, but stop profit!